Kerrie Dorman Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08115254 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2018

for

KERRIE DORMAN LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss K L Dorman

REGISTERED OFFICE:

The White House

19 Ash Street

Ash

Surrey

GU12 6LD

REGISTERED NUMBER:

08115254 (England and Wales)

ACCOUNTANTS:

Gilroy & Brookes

Suite 15

The Enterprise Centre

Coxbridge Business Park

Farnham

Surrey

GU10 5EH

FIXED ASSETS

Tangible assets

4

110

147

CURRENT ASSETS

Debtors

5

9,501

7,972

Cash at bank

-

635

9,501

8,607

CREDITORS

Amounts falling due within one year

6

(19,117

)

(14,526

)

NET CURRENT LIABILITIES

(9,616

)

(5,919

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(9,506

)

(5,772

)

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

8

(9,507

)

(5,773

)

SHAREHOLDERS' FUNDS

(9,506

)

(5,772

)

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 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.

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 19 December 2018 and were signed by:

Miss K L Dorman - Director

1.	STATUTORY INFORMATION

Kerrie Dorman Ltd 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.

Computer equipment

-

25% on cost

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 balance sheet date.

Going concern

The director has confirmed that he will continue to give financial support to the company until such time as its

position improves. In addition the director has confirmed that he will not recall his loans within 12 months. The

director consider that it is appropriate to prepare the financial statements on a going concern basis. The financial

statements do not include any adjustments that would result if the financial support was withdrawn.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2017

and 31 March 2018

150

DEPRECIATION

At 1 April 2017

3

Charge for year

37

At 31 March 2018

40

NET BOOK VALUE

At 31 March 2018

110

At 31 March 2017

147

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade debtors

7,734

420

PAYE/NI Liability

58

338

Other Debtors - S455 Deposit

1,312

1,180

VAT Deposit

-

432

Loan to ABM

-

1,360

Directors' current accounts

397

4,242

9,501

7,972

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Bank loans and overdrafts

429

1,000

Loan to ABM

1,031

-

Trade creditors

2,713

-

VAT

14,707

12,926

Accruals and deferred income

237

600

19,117

14,526

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.18

31.3.17

value:

£

£

1

Ordinary share

1

1

1

8.

RESERVES

Retained

earnings

£

At 1 April 2017

(5,773

)

Deficit for the year

(3,734

)

At 31 March 2018

(9,507

)

9.	RELATED PARTY DISCLOSURES

No related party transactions took place during the year which needs to be disclosed under FRS 102.

10.	ULTIMATE CONTROLLING PARTY

The company is under the control of Kerrie Lorraine Dorman who is the director of the company and also holds

100% of the share capital.