Company Registration No. 08798375 (England and Wales)
Kore 8 Limited
Abbreviated Accounts
For The Year Ended 31 May 2016
KORE 8 LIMITED
Kore 8 Limited
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
KORE 8 LIMITED
Kore 8 Limited
ABBREVIATED BALANCE SHEET
- 1 -
2016
2015
Notes
£
£
£
£
Current assets
Debtors
180,279
20,286
Cash at bank and in hand
482,084
61,994
662,363
82,280
Creditors: amounts falling due within one year
(571,798)
(75,149)
Total assets less current liabilities
90,565
7,131
Capital and reserves
Called up share capital
2
200
200
Profit and loss account
90,365
6,931
Shareholders' funds
90,565
7,131
For the financial year ended 31 May 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's 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 director acknowledges his 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 for issue on 17 February 2017
Mr S Janke
Director
Company Registration No. 08798375
KORE 8 LIMITED
Kore 8 Limited
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2016
- 2 -
1
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
Turnover
Turnover represents amounts receivable for consultancy services net of VAT and trade discounts.
consultancy services
net of VAT and trade discounts.
1.3
Amounts recoverable on long term contracts, which are included in debtors, are stated at the net sales value of the work done after provision for contingencies and anticipated future losses on contracts, less amounts received as progress payments on account. Excess progress payments are included in creditors as payments on account.
2
Share capital
2016
2015
£
£
Allotted, called up and fully paid
200 Ordinary shares of £1 each
200
200