KPBOS Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: SC361450 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 August 2016

for

KPBOS Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

G R Walker

Mrs L Melville

REGISTERED OFFICE:

Key House

18 Seaward Place

Centurion Business Park

Glasgow

G41 1HH

REGISTERED NUMBER:

SC361450 (Scotland)

ACCOUNTANTS:

Key Professional Partnership Ltd

Suite 4F

Ingram House

227 Ingram Street

Glasgow

G1 1DA

FIXED ASSETS

Tangible assets

2

27,535

35,735

CURRENT ASSETS

Debtors

314,061

457,612

Cash at bank

181,677

20,438

495,738

478,050

CREDITORS

Amounts falling due within one year

40,700

33,774

NET CURRENT ASSETS

455,038

444,276

TOTAL ASSETS LESS CURRENT
LIABILITIES

482,573

480,011

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

482,572

480,010

SHAREHOLDERS' FUNDS

482,573

480,011

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2016 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 12 August 2017 and were signed on its behalf by:

G R Walker - 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 and 15% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

38,824

Disposals

(8,200

)

At 31 August 2016

30,624

DEPRECIATION

At 1 September 2015

and 31 August 2016

3,089

NET BOOK VALUE

At 31 August 2016

27,535

At 31 August 2015

35,735

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

1

Ordinary

£1

1

4.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs L Melville.

The ultimate controlling party is Mrs L Melville.