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REGISTERED NUMBER: SC182895 (Scotland)















Financial Statements

for the Year Ended 28 February 2018

for

K.I.B.Construction Limited

K.I.B.Construction Limited (Registered number: SC182895)






Contents of the Financial Statements
for the Year Ended 28 February 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


K.I.B.Construction Limited

Company Information
for the Year Ended 28 February 2018







DIRECTORS: F McCarry
D McCarry





REGISTERED OFFICE: 121 Moffat Street
Glasgow
G5 0ND





REGISTERED NUMBER: SC182895 (Scotland)





ACCOUNTANTS: R.G. Beattie & Co Ltd
Chartered Certified Accountants
121 Moffat Street
Glasgow
G5 OND

K.I.B.Construction Limited (Registered number: SC182895)

Balance Sheet
28 February 2018

28.2.18 28.2.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 175 205

CURRENT ASSETS
Debtors 5 12,414 14,030
Cash at bank and in hand 6,062 8,673
18,476 22,703
CREDITORS
Amounts falling due within one year 6 7,543 10,777
NET CURRENT ASSETS 10,933 11,926
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,108

12,131

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 11,008 12,031
SHAREHOLDERS' FUNDS 11,108 12,131

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 26 June 2018 and were signed on its behalf by:





F McCarry - Director


K.I.B.Construction Limited (Registered number: SC182895)

Notes to the Financial Statements
for the Year Ended 28 February 2018

1. STATUTORY INFORMATION

K.I.B.Construction Limited is a private company, limited by shares , registered in Scotland. 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.
Plant and machinery - 15% on reducing balance
Computer equipment - 15% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 March 2017
and 28 February 2018 701 411 1,112
DEPRECIATION
At 1 March 2017 685 222 907
Charge for year 2 28 30
At 28 February 2018 687 250 937
NET BOOK VALUE
At 28 February 2018 14 161 175
At 28 February 2017 16 189 205

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.18 28.2.17
£    £   
Social Security & Other Taxes 12,276 13,977
VAT 138 53
12,414 14,030

K.I.B.Construction Limited (Registered number: SC182895)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2018

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.18 28.2.17
£    £   
Creditors 867 954
Tax 6,676 9,823
7,543 10,777

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 28.2.18 28.2.17
value: £    £   
100 Ordinary £1 100 100