K N Touring Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07169522 (England and Wales)

Abbreviated Unaudited Accounts

For The Year Ended 31st March 2014

for

K N Touring Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Miss K Nash

REGISTERED OFFICE:

Ground Floor

31 Kentish Town Road

London

NW1 8NL

REGISTERED NUMBER:

07169522 (England and Wales)

ACCOUNTANTS:

C.C. Panayi & Co LLP

Ground Floor

31 Kentish Town Road

London

NW1 8NL

CURRENT ASSETS

Stocks

3,952

-

Debtors

28,836

148

Cash at bank and in hand

4,217

8,241

37,005

8,389

CREDITORS

Amounts falling due within one year

93,373

2,587

NET CURRENT (LIABILITIES)/ASSETS

(56,368

)

5,802

TOTAL ASSETS LESS CURRENT LIABILITIES

(56,368

)

5,802

CAPITAL AND RESERVES

Called up share capital

2

1

1

Profit and loss account

(56,369

)

5,801

SHAREHOLDERS' FUNDS

(56,368

)

5,802

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 31st January 2015 and were signed by:

Miss K Nash - Director

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 tour income, appearance fees and merchandise sales net of Value

Added Tax, in respect of services undertaken by the company during the accounting period having

regard to the timing of the company's contractual right to such consideration.

Stocks

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

obsolete and slow moving items.

Going concern

These financial statements have been prepared on a going concern basis. The company sustained a

loss during the year and had net liabilities at the Balance Sheet date. The director is confident that the

net liabilities will be reversed in the near future and undertakes to continue to support the company

until such time.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

1

Ordinary

£1

1

1