KP Camperhire Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04882298 (England and Wales)

Abbreviated Accounts

for the Year Ended 5 April 2014

for

KP Camperhire Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

S Kennington-Powell

SECRETARY:

D Burgess

REGISTERED OFFICE:

3 Hagley Court North

The Waterfront

Dudley

West Midlands

DY5 1XF

REGISTERED NUMBER:

04882298 (England and Wales)

ACCOUNTANTS:

Cox & Co

3 Hagley Court North

The Waterfront

Dudley

West Midlands

DY5 1XF

FIXED ASSETS

Tangible assets

2

157,218

164,624

CURRENT ASSETS

Cash at bank and in hand

1,421

2,042

CREDITORS

Amounts falling due within one year

6,345

4,004

NET CURRENT LIABILITIES

(4,924

)

(1,962

)

TOTAL ASSETS LESS CURRENT LIABILITIES

152,294

162,662

CREDITORS

Amounts falling due after more than one year

3

89,127

105,709

NET ASSETS

63,167

56,953

CAPITAL AND RESERVES

Called up share capital

4

101

101

Revaluation reserve

56,800

56,800

Profit and loss account

6,266

52

SHAREHOLDERS' FUNDS

63,167

56,953

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2014 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 28 January 2015 and were signed by:

S Kennington-Powell - 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 sales of services, excluding value added tax.

Tangible fixed assets

In accordance with the Financial Reporting Standards for Small Entities (effective April 2008) no depreciation is

provided in respect of freehold properties held as investments. This is a departure from the requirements of the

Companies Act 2006 which requires all properties to be depreciated. Such properties are held for investment and

not for consumption and the director considers that to depreciate them would not give a true and fair view.

Depreciation is only one of the many elements reflected in the annual valuation of properties and accordingly the

amount of depreciation which might otherwise have been charged cannot be separately identified or quantified.

The director considers that this policy results in the accounts giving a true and fair view.

Depreciation on plant and machinery is calculated to write off their cost or valuation less any residual value over

their estimated useful lives, and a 25% per annum reducing balance method is used.

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 6 April 2013

and 5 April 2014

201,373

DEPRECIATION

At 6 April 2013

36,749

Charge for year

7,406

At 5 April 2014

44,155

NET BOOK VALUE

At 5 April 2014

157,218

At 5 April 2013

164,624

3.

CREDITORS

Creditors include an amount of £ 85,390 (5.4.13 - £ 85,390 ) for which security has been given.

They also include the following debts falling due in more than five years:

5.4.14

5.4.13

£

£

Repayable otherwise than by instalments

85,390

85,390

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

5.4.14

5.4.13

value:

£

£

100

Ordinary

£1

100

100

1

Ordinary 'A'

£1

1

1

101

101

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in creditors falling due after more than one year is £3,737 due to the director (2013 - £20,319).