KS Communications Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: SC437330 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2016

for

KS Communications Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Miss S J Kirk

REGISTERED OFFICE:

7 Ythan Terrace

Ellon

ABERDEENSHIRE

AB41 9LJ

REGISTERED NUMBER:

SC437330 (Scotland)

ACCOUNTANTS:

J M Taylor

7 Ythan Terrace

Ellon

ABERDEENSHIRE

AB41 9LJ

FIXED ASSETS

Tangible assets

2

1,035

1,380

CURRENT ASSETS

Stocks

2,475

2,839

Cash at bank

15,381

38,863

17,856

41,702

CREDITORS

Amounts falling due within one year

17,919

23,208

NET CURRENT (LIABILITIES)/ASSETS

(63

)

18,494

TOTAL ASSETS LESS CURRENT
LIABILITIES

972

19,874

CAPITAL AND RESERVES

Called up share capital

3

10

Profit and loss account

962

19,864

SHAREHOLDERS' FUNDS

972

19,874

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2016 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 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 director on 13 March 2017 and were signed by:

Miss S J Kirk - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, 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.

Plant and machinery etc

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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 December 2015

and 30 November 2016

1,958

DEPRECIATION

At 1 December 2015

578

Charge for year

345

At 30 November 2016

923

NET BOOK VALUE

At 30 November 2016

1,035

At 30 November 2015

1,380

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

10

Ordinary

£1.00

10