KALM_(HOLDINGS)_LTD - Accounts

KALM (HOLDINGS) LTD - Company Information

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Company Registration No. 09362173 (England and Wales)

KALM (HOLDINGS) LTD

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

KALM (HOLDINGS) LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

KALM (HOLDINGS) LTD

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Investments

7,428

62,427

Current assets

Debtors

49,041

1,548

Creditors: amounts falling due within one year

(58,590)

(65,091)

Net current liabilities

(9,549)

(63,543)

Total assets less current liabilities

(2,121)

(1,116)

Capital and reserves

Called up share capital

Profit and loss account

(2,123)

(1,118)

Shareholders' funds

(2,121)

(1,116)

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 18 November 2016

Mr S Middlehurst

Director

Company Registration No. 09362173

KALM (HOLDINGS) LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

1.5

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Investments

Cost

At 1 April 2015 & at 31 March 2016

62,429

Depreciation

At 1 April 2015

Charge for the year

55,001

At 31 March 2016

55,001

Net book value

At 31 March 2016

7,428

At 31 March 2015

62,427

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Subsidiary undertakings

Kalm Kitchen Ltd

England

Ordinary

100.00

Kalm Kitchen Cafe Ltd (formerly Glutton & Glee Ltd)

England

Ordinary

100.00

KALM (HOLDINGS) LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2016

Fixed assets

(Continued)

- 3 -

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

2016

Principal activity

Kalm Kitchen Ltd

Wedding and event catering

(21,546)

40,873

Kalm Kitchen Cafe Ltd (formerly Glutton & Glee Ltd)

Cafe

(99,797)

(26,938)

Share capital

2016

2015

Allotted, called up and fully paid

2 Ordinary of £1 each