K2 BI Solutions Limited - Accounts to registrar (filleted) - small 18.2

K2 BI Solutions Limited - Accounts to registrar (filleted) - small 18.2

K2 BI SOLUTIONS LIMITED - Company Information

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REGISTERED NUMBER: 06785212










FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

K2 BI SOLUTIONS LIMITED
K2 BI SOLUTIONS LIMITED (REGISTERED NUMBER: 06785212)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2018




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


K2 BI SOLUTIONS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2018







DIRECTOR: S Manokaran





REGISTERED OFFICE: 16A Regent Road
Altrincham
Cheshire
WA14 1RP





REGISTERED NUMBER: 06785212





ACCOUNTANTS: Blair Shepherd
Chartered Accountants
16A Regent Road
Altrincham
Cheshire
WA14 1RP
Page 1
K2 BI SOLUTIONS LIMITED (REGISTERED NUMBER: 06785212)

STATEMENT OF FINANCIAL POSITION
31 March 2018

31/3/18 31/3/17
Notes £    £   
CURRENT ASSETS
Debtors 4 10,080 10,692
Cash at bank 74,659 50,345
84,739 61,037
CREDITORS
Amounts falling due within one year 5 21,509 19,763
NET CURRENT ASSETS 63,230 41,274
TOTAL ASSETS LESS CURRENT
LIABILITIES
63,230
41,274

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 7 63,130 41,174
SHAREHOLDERS' FUNDS 63,230 41,274

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.

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 2 November 2018 and were signed by:





S Manokaran - Director


The notes form part of these financial statements

Page 2
K2 BI SOLUTIONS LIMITED (REGISTERED NUMBER: 06785212)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

K2 BI Solutions Limited is a private company, limited by shares , registered in Not specified/Other. 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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, value added tax and other sales taxes.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/18 31/3/17
£    £   
Trade debtors 10,080 10,692

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/18 31/3/17
£    £   
Trade creditors (1 ) -
Taxation 13,665 14,027
VAT 6,225 4,356
Accrued expenses 1,620 1,380
21,509 19,763

Page 3 continued...
K2 BI SOLUTIONS LIMITED (REGISTERED NUMBER: 06785212)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2018

6. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31/3/18 31/3/17
value: £    £   
100 Ordinary shares £1 100 100

7. RESERVES
Retained
earnings
£   

At 1 April 2017 41,174
Profit for the year 58,256
Dividends (36,300 )
At 31 March 2018 63,130

Page 4