NK Financial Management Limited - Accounts to registrar (filleted) - small 18.2

NK Financial Management Limited - Accounts to registrar (filleted) - small 18.2

NK FINANCIAL MANAGEMENT LIMITED - Company Information

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REGISTERED NUMBER: 07584899 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2018

for

NK Financial Management Limited
NK Financial Management Limited (Registered number: 07584899)

Contents of the Financial Statements
for the Year Ended 31 March 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NK Financial Management Limited

Company Information
for the Year Ended 31 March 2018







DIRECTORS: N G Knapp
Mrs S E Knapp





SECRETARY: Mill House Secretarial Limited





REGISTERED OFFICE: The Mill House
Boundary Road
Loudwater
High Wycombe
Bucks.
HP10 9QN





REGISTERED NUMBER: 07584899 (England and Wales)





ACCOUNTANTS: The Fish Partnership
The Mill House
Boundary Road
Loudwater
High Wycombe
Bucks.
HP10 9QN
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NK Financial Management Limited (Registered number: 07584899)

Balance Sheet
31 March 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,791 886

CURRENT ASSETS
Debtors 5 606 -
Cash at bank 203,975 115,468
204,581 115,468
CREDITORS
Amounts falling due within one year 6 52,302 37,744
NET CURRENT ASSETS 152,279 77,724
TOTAL ASSETS LESS CURRENT
LIABILITIES
154,070
78,610

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 154,068 78,608
SHAREHOLDERS' FUNDS 154,070 78,610

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 directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 13 September 2018 and were signed on
its behalf by:





N G Knapp - Director


The notes form part of these financial statements

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NK Financial Management Limited (Registered number: 07584899)

Notes to the Financial Statements
for the Year Ended 31 March 2018


1. STATUTORY INFORMATION

NK Financial Management 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.
Fixtures and fittings - 25% on reducing balance

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2017 2,366
Additions 1,502
At 31 March 2018 3,868
DEPRECIATION
At 1 April 2017 1,480
Charge for year 597
At 31 March 2018 2,077
NET BOOK VALUE
At 31 March 2018 1,791
At 31 March 2017 886

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NK Financial Management Limited (Registered number: 07584899)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Other debtors 606 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Taxation and social security 50,333 35,891
Other creditors 1,969 1,853
52,302 37,744

7. RELATED PARTY DISCLOSURES

No transactions with related parties were undertaken such as are required to be disclosed under
Section 1A "Small Entities" of Financial Reporting Standard 102.

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