Kerr Associates Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11031952 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 25TH OCTOBER 2017 TO 31ST OCTOBER 2018

FOR

KERR ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

W D Kerr

Mrs J E Kerr

REGISTERED OFFICE:

The Courtyard

High Street

Ascot

Berkshire

SL5 7HP

REGISTERED NUMBER:

11031952 (England and Wales)

ACCOUNTANTS:

Kirk Rice LLP

The Courtyard

High Street

Ascot

Berkshire

SL5 7HP

FIXED ASSETS

Tangible assets

4

271

CURRENT ASSETS

Debtors

5

2,340

Cash at bank

38,922

41,262

CREDITORS

Amounts falling due within one year

6

(23,449

)

NET CURRENT ASSETS

17,813

TOTAL ASSETS LESS CURRENT LIABILITIES

18,084

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

18,082

18,084

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st October 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st October 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 3rd January 2019 and were signed on its behalf by:

W D Kerr - Director

1.	STATUTORY INFORMATION

Kerr Associates 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 consideration received or receivable in respect of services rendered, excluding value

added tax.

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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

333

At 31st October 2018

333

DEPRECIATION

Charge for period

62

At 31st October 2018

62

NET BOOK VALUE

At 31st October 2018

271

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

1,440

Other debtors

900

2,340

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Taxation and social security

6,657

Other creditors

16,792

23,449