K & D Trading Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 06565684 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MAY 2015

FOR

K & D TRADING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D Chudasama

K Chudasama

SECRETARY:

D Chudasama

REGISTERED OFFICE:

20 St James Street

Brighton

Sussex

BN2 1RF

REGISTERED NUMBER:

06565684 (England and Wales)

ACCOUNTANTS:

Amchins

Chartered Accountants

Amchins Limited

23 Northiam

Woodside Park

London

N12 7ET

FIXED ASSETS

Tangible assets

2

-

996

CURRENT ASSETS

Debtors

600

339

Cash at bank

1,159

280,193

1,759

280,532

CREDITORS

Amounts falling due within one year

(1,146

)

(82,884

)

NET CURRENT ASSETS

613

197,648

TOTAL ASSETS LESS CURRENT LIABILITIES

613

198,644

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

513

198,544

SHAREHOLDERS' FUNDS

613

198,644

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 27 February 2016 and were signed on its behalf by:

D Chudasama - Director

K Chudasama - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 8 Related

Party Disclosures, not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents sales of retail goods and services excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business has been fully amortised in the current year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

5,243

Disposals

(5,243

)

At 31 May 2015

-

DEPRECIATION

At 1 June 2014

4,247

Eliminated on disposal

(4,247

)

At 31 May 2015

-

NET BOOK VALUE

At 31 May 2015

-

At 31 May 2014

996

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

1

100

100

4.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.