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REGISTERED NUMBER: 05383720















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

KWANGO LTD

KWANGO LTD (REGISTERED NUMBER: 05383720)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Report of the Accountants 5

KWANGO LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2015







DIRECTOR: Mr S R Gould





SECRETARY: Mrs C W Gould





REGISTERED OFFICE: Exchange House
494 Midsummer Boulevard
Milton Keynes
Buckinghamshire
MK9 2EA





REGISTERED NUMBER: 05383720





ACCOUNTANTS: V Drought & Co Limited
Chartered Certified Accountants
And Registered Auditors
218 Downs Barn Boulevard
Downs Barn
Milton Keynes
MK14 7QH

KWANGO LTD (REGISTERED NUMBER: 05383720)

ABBREVIATED BALANCE SHEET
31 MARCH 2015

31.3.15 31.3.14
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 4,699 4,739

CURRENT ASSETS
Debtors 43,521 121,813
Cash at bank 398,311 404,102
441,832 525,915
CREDITORS
Amounts falling due within one year 121,342 87,926
NET CURRENT ASSETS 320,490 437,989
TOTAL ASSETS LESS CURRENT
LIABILITIES

325,189

442,728

CAPITAL AND RESERVES
Called up share capital 3 2,000 2,000
Profit and loss account 323,189 440,728
SHAREHOLDERS' FUNDS 325,189 442,728

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 1 December 2015 and were signed by:





Mr S R Gould - Director


KWANGO LTD (REGISTERED NUMBER: 05383720)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

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 etc - 25% on reducing balance

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014 16,151
Additions 1,526
At 31 March 2015 17,677
DEPRECIATION
At 1 April 2014 11,412
Charge for year 1,566
At 31 March 2015 12,978
NET BOOK VALUE
At 31 March 2015 4,699
At 31 March 2014 4,739

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.15 31.3.14
value: £    £   
2,000 Ordinary £1 2,000 2,000

KWANGO LTD (REGISTERED NUMBER: 05383720)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2015

4. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2015 and
31 March 2014:

31.3.15 31.3.14
£    £   
Mr S R Gould
Balance outstanding at start of year 50,116 -
Amounts advanced - 50,116
Amounts repaid (50,116 ) -
Balance outstanding at end of year - 50,116

These funds were repaid by the director on 16/09/2014.

KWANGO LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
KWANGO LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)
have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2015 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






V Drought & Co Limited
Chartered Certified Accountants
And Registered Auditors
218 Downs Barn Boulevard
Downs Barn
Milton Keynes
MK14 7QH


Date: _____/_____/_____