1 April 2017 false No description of principal activity Taxfiler 2018.14.Web 5239385business:PrivateLimitedCompanyLtd2017-04-012018-03-31 52393852017-03-31 52393852017-04-012018-03-31 5239385business:AuditExemptWithAccountantsReport2017-04-012018-03-31 5239385business:FullAccounts2017-04-012018-03-31 52393852018-03-31 5239385business:Director12017-04-012018-03-31 5239385business:Director22017-04-012018-03-31 5239385business:RegisteredOffice2017-04-012018-03-31 52393852017-03-31 5239385core:WithinOneYear2018-03-31 5239385core:WithinOneYear2017-03-31 5239385core:ShareCapital2018-03-31 5239385core:ShareCapital2017-03-31 5239385core:RetainedEarningsAccumulatedLosses2018-03-31 5239385core:RetainedEarningsAccumulatedLosses2017-03-31 5239385business:SmallEntities2017-04-012018-03-31 5239385countries:EnglandWales2017-04-012018-03-31 5239385core:FurnitureFittings2017-04-012018-03-31 5239385core:ComputerEquipment2017-04-012018-03-31 5239385core:ComputerEquipment2017-03-31 5239385core:ComputerEquipment2018-03-31 52393852016-04-012017-03-31 iso4217:GBP xbrli:pure
Company Registration No. 5239385 (England and Wales)
K & B Ceilings Limited Unaudited accounts for the year ended 31 March 2018
K & B Ceilings Limited Unaudited accounts Contents
Page
- 2 -
K & B Ceilings Limited Company Information for the year ended 31 March 2018
Directors
Ms Patricia Smith Mr Robert Moore
Company Number
5239385 (England and Wales)
Registered Office
Kings Halt Knatts Valley Road Sevenoaks Kent TN15 6XY
- 3 -
K & B Ceilings Limited Statement of financial position as at 31 March 2018
2018 
2017 
Notes
£ 
£ 
Fixed assets
Tangible assets
764 
1,019 
Current assets
Debtors
1,965,016 
1,635,055 
Cash at bank and in hand
38,059 
83,094 
2,003,075 
1,718,149 
Creditors: amounts falling due within one year
(1,029,659)
(1,043,061)
Net current assets
973,416 
675,088 
Net assets
974,180 
676,107 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
974,080 
676,007 
Shareholders' funds
974,180 
676,107 
For the year ending 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 27 July 2018.
Ms Patricia Smith Director Company Registration No. 5239385
- 4 -
K & B Ceilings Limited Notes to the Accounts for the year ended 31 March 2018
1
Statutory information
K & B Ceilings Limited is a private company, limited by shares, registered in England and Wales, registration number 5239385. The registered office is Kings Halt, Knatts Valley Road , Sevenoaks, Kent, TN15 6XY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25%
Computer equipment
25%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2017
3,948 
At 31 March 2018
3,948 
Depreciation
At 1 April 2017
2,929 
Charge for the year
255 
At 31 March 2018
3,184 
Net book value
At 31 March 2018
764 
At 31 March 2017
1,019 
5
Debtors
2018 
2017 
£ 
£ 
Trade debtors
1,701,828 
1,594,672 
Other debtors
263,188 
40,383 
1,965,016 
1,635,055 
- 5 -
K & B Ceilings Limited Notes to the Accounts for the year ended 31 March 2018
6
Creditors: amounts falling due within one year
2018 
2017 
£ 
£ 
Trade creditors
539,236 
440,289 
Taxes and social security
367,492 
356,654 
Other creditors
93,042 
123,037 
Loans from directors
20,002 
114,002 
Accruals
9,887 
9,079 
1,029,659 
1,043,061 
7
Average number of employees
During the year the average number of employees was 3 (2017: 3).
- 6 -