Kapital Works Ltd - Accounts to registrar (filleted) - small 18.1
Kapital Works Ltd - Accounts to registrar (filleted) - small 18.1
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 January 2018 |
| for |
| Kapital Works Limited |
| Kapital Works Limited (Registered number: 08351083) |
| Contents of the Financial Statements |
| for the Year Ended 31 January 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Kapital Works Limited |
| Company Information |
| for the Year Ended 31 January 2018 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| Kapital Works Limited (Registered number: 08351083) |
| Balance Sheet |
| 31 January 2018 |
| 31.1.18 | 31.1.17 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
| The financial statements were approved by the director on |
| Kapital Works Limited (Registered number: 08351083) |
| Notes to the Financial Statements |
| for the Year Ended 31 January 2018 |
| 1. | STATUTORY INFORMATION |
| Kapital Works Limited is a |
| company's registered number and registered office address can be found on the Company Information page. |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements are presented in sterling (£) which is also the functional currency for the company. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Rendering of services |
| Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. |
| The stage of completion of a contract is measured by comparing the costs incurred for work performed to date |
| to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the |
| outcome of a contract cannot be estimated reliably. |
| Interest income |
| Interest income is recognised using the effective interest method. |
| Tangible fixed assets |
| Plant and machinery | - |
| Motor vehicles | - |
| Computer equipment | - |
| Taxation |
| Current tax is recognised for the amount of income tax payable in respect of the taxable profit for the current or |
| past reporting periods using tax rates that have been enacted or substantively enacted by the reporting date. |
| Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and |
| other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against |
| future taxable profits or against the reversal of deferred tax liabilities. |
| Deferred tax is calculated using tax rates that have been enacted or substantively enacted by the reporting date |
| that are expected to apply to the reversal of the timing difference. |
| Trade and other receivables |
| Trade and other receivables are measured at transaction price less any impairment unless the arrangement |
| constitutes a financing transaction in which case the transaction is measured at the present value of the future |
| receipts discounted at the prevailing market rate of interest . Loans are initially measured at fair value and are |
| subsequently measured at amortised cost using the effective interest method less any impairment. |
| Kapital Works Limited (Registered number: 08351083) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2018 |
| 3. | ACCOUNTING POLICIES - continued |
| Trade and other payables |
| Trade and other payables are measured at their transaction price unless the arrangement constitutes a financing |
| transaction in which case the transaction is measured at present value of future payments discounted at |
| prevailing market rate of interest. Other financial liabilities are initially measured at fair value net of their |
| transaction costs. They are subsequently measured at amortised cost using the effective interest method. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and | Motor | Computer |
| machinery | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 February 2017 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 January 2018 |
| DEPRECIATION |
| At 1 February 2017 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 January 2018 |
| NET BOOK VALUE |
| At 31 January 2018 |
| At 31 January 2017 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.1.18 | 31.1.17 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.1.18 | 31.1.17 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| Kapital Works Limited (Registered number: 08351083) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2018 |
| 8. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31 January 2018 and |
| 31 January 2017: |
| 31.1.18 | 31.1.17 |
| £ | £ |
| Balance outstanding at start of year | ( |
) | ( |
) |
| Amounts advanced |
| Amounts repaid | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year | ( |
) | ( |
) |