back to THE KENT GLASGOW LTD detail The Kent Glasgow Ltd
1 April 2017 false No description of principal activity Taxfiler 2018.14.Web SC560155business:PrivateLimitedCompanyLtd2017-04-012018-03-31 SC5601552017-03-31 SC5601552017-04-012018-03-31 SC560155business:AuditExemptWithAccountantsReport2017-04-012018-03-31 SC560155business:FullAccounts2017-04-012018-03-31 SC5601552018-03-31 SC560155business:Director12017-04-012018-03-31 SC560155business:RegisteredOffice2017-04-012018-03-31 SC560155core:WithinOneYear2018-03-31 SC560155core:ShareCapital2018-03-31 SC560155core:RetainedEarningsAccumulatedLosses2018-03-31 SC560155business:SmallEntities2017-04-012018-03-31 SC560155countries:Scotland2017-04-012018-03-31 SC560155core:PlantMachinery2017-04-012018-03-31 SC560155core:MotorVehicles2017-04-012018-03-31 SC560155core:Goodwill2017-03-31 SC560155core:Goodwill2017-04-012018-03-31 SC560155core:Goodwill2018-03-31 SC560155core:PlantMachinery2017-03-31 SC560155core:MotorVehicles2017-03-31 SC560155core:PlantMachinery2018-03-31 SC560155core:MotorVehicles2018-03-31 iso4217:GBP xbrli:pure
Company Registration No. SC560155 (Scotland)
The Kent Glasgow Ltd Unaudited accounts for the year ended 31 March 2018
The Kent Glasgow Ltd Unaudited accounts Contents
Page
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The Kent Glasgow Ltd Company Information for the year ended 31 March 2018
Director
Patrick Quinn
Company Number
SC560155 (Scotland)
Registered Office
94 HOPE STREET SUITE 2.5 GLASGOW G2 6PH UNITED KINGDOM
Accountants
Scottish Tax Bureau 94 Hope Street Glasgow G2 6PH
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The Kent Glasgow Ltd Statement of financial position as at 31 March 2018
2018 
Notes
£ 
Fixed assets
Intangible assets
8,418 
Tangible assets
3,245 
11,663 
Current assets
Inventories
2,545 
Cash at bank and in hand
299 
2,844 
Creditors: amounts falling due within one year
(17,076)
Net current liabilities
(14,232)
Net liabilities
(2,569)
Capital and reserves
Called up share capital
100 
Profit and loss account
(2,669)
Shareholders' funds
(2,569)
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 director acknowledges his 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 6 September 2018.
Patrick Quinn Director Company Registration No. SC560155
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The Kent Glasgow Ltd Notes to the Accounts for the year ended 31 March 2018
1
Statutory information
The Kent Glasgow Ltd is a private company, limited by shares, registered in Scotland, registration number SC560155. The registered office is 94 HOPE STREET, SUITE 2.5, GLASGOW, G2 6PH, UNITED KINGDOM.
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 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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2017
- 
Additions
10,522 
At 31 March 2018
10,522 
Amortisation
At 1 April 2017
- 
Charge for the year
2,104 
At 31 March 2018
2,104 
Net book value
At 31 March 2018
8,418 
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The Kent Glasgow Ltd Notes to the Accounts for the year ended 31 March 2018
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2017
- 
- 
- 
Additions
578 
3,750 
4,328 
At 31 March 2018
578 
3,750 
4,328 
Depreciation
Charge for the year
145 
938 
1,083 
At 31 March 2018
145 
938 
1,083 
Net book value
At 31 March 2018
433 
2,812 
3,245 
6
Inventories
2018 
£ 
Finished goods
2,545 
2,545 
7
Creditors: amounts falling due within one year
2018 
£ 
Taxes and social security
2,246 
Other creditors
1,260 
Loans from directors
13,570 
17,076 
8
Average number of employees
During the year the average number of employees was 1.
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