Kevin Bichard Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09839415 (England and Wales)

Financial Statements for the Year Ended 31st March 2020

for

Kevin Bichard Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

K Bichard

REGISTERED OFFICE:

City, Chartered Accountants

Suite 540, 5th Floor, Linen Hall

162-168 Regent Street

London

W1B 5TF

REGISTERED NUMBER:

09839415 (England and Wales)

ACCOUNTANTS:

City, Chartered Accountants

Suite 540, 5th Floor,

Linen Hall

162- 168 Regent Street

London

W1B 5TF

FIXED ASSETS

Tangible assets

4

-

412

CURRENT ASSETS

Debtors

5

17,578

22,439

Cash at bank

202

595

17,780

23,034

CREDITORS

Amounts falling due within one year

6

(17,453

)

(21,759

)

NET CURRENT ASSETS

327

1,275

TOTAL ASSETS LESS CURRENT LIABILITIES

327

1,687

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

227

1,587

SHAREHOLDERS' FUNDS

327

1,687

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2020 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 applicable to companies subject to the small companies regime.

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 and authorised for issue on 21st December 2020 and were signed by:

K Bichard - Director

1.	STATUTORY INFORMATION

Kevin Bichard 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2019

and 31st March 2020

1,650

DEPRECIATION

At 1st April 2019

1,238

Charge for year

412

At 31st March 2020

1,650

NET BOOK VALUE

At 31st March 2020

-

At 31st March 2019

412

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Trade debtors

11,808

19,629

Other debtors

5,770

2,810

17,578

22,439

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Trade creditors

-

2,242

Taxation and social security

15,024

17,136

Other creditors

2,429

2,381

17,453

21,759

7.	RELATED PARTY DISCLOSURES

During the year total dividends of £37,500 were paid to the director.

As at 31st March 2020 Mr K Bichard owed the company £5,770 (2019: £2,810). This balance was cleared within 9 months of the year end.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is K Bichard.