REGISTERED NUMBER: 04424229 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2017

for

A + KM Trading Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Andrew Stuart Monaghan

Mrs Karen Mary Monaghan

SECRETARY:

Mrs Karen Mary Monaghan

REGISTERED OFFICE:

White Hart Inn

Finch Street

St Dogmaels

Pembrokeshire

SA43 3EA

REGISTERED NUMBER:

04424229 (England and Wales)

ACCOUNTANTS:

DonnellyBentley Limited

Chartered Accountants

Hazlemere

70 Chorley New Road

Bolton

Lancashire

BL1 4BY

FIXED ASSETS

Tangible assets

4

6,004

3,384

CURRENT ASSETS

Stocks

6,353

5,897

Cash at bank and in hand

47,865

50,705

54,218

56,602

CREDITORS

Amounts falling due within one year

36,917

46,294

NET CURRENT ASSETS

17,301

10,308

TOTAL ASSETS LESS CURRENT LIABILITIES

23,305

13,692

PROVISIONS FOR LIABILITIES

5

1,141

677

NET ASSETS

22,164

13,015

CAPITAL AND RESERVES

Called up share capital

6

2

2

Retained earnings

22,162

13,013

SHAREHOLDERS' FUNDS

22,164

13,015

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Profit and Loss Account and an abridged Balance Sheet for the year ended 31 July 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 12 October 2017 and were signed on its behalf by:

Mr Andrew Stuart Monaghan - Director

1.	STATUTORY INFORMATION

A + KM Trading Limited is a private company, limited by shares , registered in England and Wales.

The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Equipment, fixtures & fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss

Account, except to the extent that it relates to items recognised in other comprehensive income or

directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

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

the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that are

expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable

that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 August 2016

11,106

Additions

5,040

At 31 July 2017

16,146

DEPRECIATION

At 1 August 2016

7,722

Charge for year

2,420

At 31 July 2017

10,142

NET BOOK VALUE

At 31 July 2017

6,004

At 31 July 2016

3,384

5.	PROVISIONS FOR LIABILITIES

2017

2016

£

£

Deferred tax

1,141

677

Deferred

tax

£

Balance at 1 August 2016

677

Provided during year

464

Balance at 31 July 2017

1,141

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

2

Ordinary

£1

2

2

7.	ULTIMATE CONTROLLING PARTY

The company was controlled by Mr and Mrs Monaghan throughout the period under review.