K T Construction (Elmer) Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 04686029 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2018

FOR

K T CONSTRUCTION (ELMER) LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A R Hancock

REGISTERED OFFICE:

11 Castle Hill

Maidenhead

Berkshire

SL6 4AA

REGISTERED NUMBER:

04686029 (England and Wales)

ACCOUNTANTS:

Knight & Company

Chartered Certified Accountants

11 Castle Hill

Maidenhead

Berkshire

SL6 4AA

FIXED ASSETS

Tangible assets

4

43,456

22,432

CURRENT ASSETS

Stocks

10,156

-

Debtors

-

(738

)

Cash at bank

3,379

5,182

13,535

4,444

CREDITORS

Amounts falling due within one year

27,541

12,191

NET CURRENT LIABILITIES

(14,006

)

(7,747

)

TOTAL ASSETS LESS CURRENT LIABILITIES

29,450

14,685

CREDITORS

Amounts falling due after more than one year

(21,884

)

(2,590

)

PROVISIONS FOR LIABILITIES

(8,257

)

(2,829

)

NET (LIABILITIES)/ASSETS

(691

)

9,266

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(693

)

9,264

SHAREHOLDERS' FUNDS

(691

)

9,266

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 his 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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 March 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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 10 October 2018 and were signed by:

A R Hancock - Director

1.	STATUTORY INFORMATION

K T Construction (Elmer) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Plant and machinery etc

-

25% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and any recognised impairment loss.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2017

34,156

Additions

35,508

At 31 March 2018

69,664

DEPRECIATION

At 1 April 2017

11,724

Charge for year

14,484

At 31 March 2018

26,208

NET BOOK VALUE

At 31 March 2018

43,456

At 31 March 2017

22,432

5.	RELATED PARTY DISCLOSURES