Accounts filed on 31-03-2018


Registered number: 10688340






Kelp & Kin Limited


ACCOUNTS

FOR THE 374 DAY PERIOD ENDED 31 MARCH 2018
























Prepared By:
Pritchard & Co
Chartered Certified Accountants
Ffynnonddofn
74 High Street
Fishguard
Pembrokeshire
SA65 9AU


FINANCIAL STATEMENTS
FOR THE 374 DAY PERIOD ENDED 31 MARCH 2018





DIRECTORS
Emma Michell
Nicholas Michell


REGISTERED OFFICE
74 High Street
Fishguard
Pembrokeshire
SA65 9AU


COMPANY DETAILS
Private company limited by shares registered in WA - Wales, registered number 10688340



ACCOUNTANTS
Pritchard & Co
Chartered Certified Accountants
Ffynnonddofn
74 High Street
Fishguard
Pembrokeshire
SA65 9AU


FINANCIAL STATEMENTS
FOR THE374 DAY PERIODENDED31 MARCH 2018



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31 March 2018

			2018
	Notes		£

FIXED ASSETS
Tangible assets	2		16,792

CURRENT ASSETS
Stock		1,098
Cash at bank and in hand		1,060
		2,158
CREDITORS: Amounts falling due within one year	4	16,175
NET CURRENT LIABILITIES			(14,017)
TOTAL ASSETS LESS CURRENT LIABILITIES			2,775

CAPITAL AND RESERVES

Called up share capital	6		20
Profit and loss account			2,755
SHAREHOLDERS' FUNDS			2,775

For the year ending 31 March 2018 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 12 October 2018 and signed on their behalf by



.............................
Emma Michell
Director


NOTES TO THE ACCOUNTS
FOR THE 374 DAY PERIOD ENDED 31 MARCH 2018

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		straight line 3 and 6 years%
Commercial Vehicles		reducing balance 25%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2018
				£
Directors current account				13,838
Trade creditors				1,737
Accruals				600
				16,175




6. SHARE CAPITAL				2018
				£
Allotted, issued and fully paid:
10 Ordinary A shares of £1 each				10
10 Ordinary B shares of £1 each				10
				20

New shares issued during period:
10 Ordinary A shares of £1 each				10
10 Ordinary B shares of £1 each				10
				20