KMH Sales Limited - Period Ending 2018-03-31

Registration number: 08978269

KMH Sales Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2018

S A Gillingham Accountancy Limited
Chartered Certified Accountants
58 Kinson Road
Bournemouth
Dorset
BH10 4AN

KMH Sales Limited

(Registration number: 08978269)
Balance Sheet as at 31 March 2018

	2018 £	2017 £
Fixed assets	43,175	59,650
Current assets	121,992	128,206
Creditors: Amounts falling due within one year	(40,196)	(52,102)
Net current assets	81,796	76,104
Total assets less current liabilities	124,971	135,754
Accruals and deferred income	(3,300)	(3,300)
	121,671	132,454
Capital and reserves	121,671	132,454

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
58 Kinson Road
Bournemouth
Dorset
BH10 4AN
UK

These financial statements were authorised for issue by the director on 7 September 2018.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

The financial statements are prepared in sterling which is the functional currency of the company and rounded to the nearest £1.

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2017 - 2).

3	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £16,405 (2017 - £9,245).

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KMH Sales Limited

(Registration number: 08978269)
Balance Sheet as at 31 March 2018 (continued)

4	Related party transactions

Transactions with directors

2018	Advances to directors £	Repayments by director £	At 31 March 2018 £
Mrs K Hayes
the following transactions subsisted during the year.Interest has been charged at the official rate and is shown in the profit and loss account	187,746	(140,048)	47,698

2017	Advances to directors £	Repayments by director £	At 31 March 2017 £
Mrs K Hayes
the following transactions subsisted during the year.Interest has been charged at the official rate and is shown in the profit and loss account	27,892	(27,892)	-

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KMH Sales Limited

(Registration number: 08978269)
Balance Sheet as at 31 March 2018 (continued)

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

For the financial year ending 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the director on 7 September 2018
 

.........................................

Mrs K Hayes
Director

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