Kappa Alpha Pi Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08302303 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

Kappa Alpha Pi Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms. K K Pourgalis

REGISTERED OFFICE:

6th Floor 338 Euston Road

London

NW1 3BG

REGISTERED NUMBER:

08302303 (England and Wales)

ACCOUNTANTS:

Chappell Cole & Co

Heritage House

34b North Cray Road

Bexley

DA5 3LZ

FIXED ASSETS

Tangible assets

4

1,936

2,037

CURRENT ASSETS

Debtors

5

27,463

-

Cash at bank

6,878

25,848

34,341

25,848

CREDITORS

Amounts falling due within one year

6

(35,798

)

(22,519

)

NET CURRENT (LIABILITIES)/ASSETS

(1,457

)

3,329

TOTAL ASSETS LESS CURRENT LIABILITIES

479

5,366

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

478

5,365

479

5,366

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 7 September 2018 and were signed by:

Ms. K K Pourgalis - Director

1.	STATUTORY INFORMATION

Kappa Alpha Pi Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information

page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that are

expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable

that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the

period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2017

4,013

Additions

526

At 31 March 2018

4,539

DEPRECIATION

At 1 April 2017

1,976

Charge for year

627

At 31 March 2018

2,603

NET BOOK VALUE

At 31 March 2018

1,936

At 31 March 2017

2,037

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Other debtors

27,463

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade creditors

362

2,175

Taxation and social security

33,996

18,739

Other creditors

1,440

1,605

35,798

22,519

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2018 and

31 March 2017:

31.3.18

31.3.17

£

£

Ms. K K Pourgalis

Balance outstanding at start of year

-

-

Amounts advanced

27,463

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

27,463

-

At the balance sheet date, the company was owed £27,463 by the director, Katia Pourgalis (2017:

owed £165). This was repaid within 9 months of the balance sheet date.