Abbreviated Company Accounts - KINGS KABS LTD

Abbreviated Company Accounts - KINGS KABS LTD


Registered Number 06897910

KINGS KABS LTD

Abbreviated Accounts

31 May 2014

KINGS KABS LTD Registered Number 06897910

Abbreviated Balance Sheet as at 31 May 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 21,092 28,123
21,092 28,123
Current assets
Cash at bank and in hand 3,161 2,161
3,161 2,161
Creditors: amounts falling due within one year (795) (11,045)
Net current assets (liabilities) 2,366 (8,884)
Total assets less current liabilities 23,458 19,239
Total net assets (liabilities) 23,458 19,239
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 23,358 19,139
Shareholders' funds 23,458 19,239
  • For the year ending 31 May 2014 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 11 February 2015

And signed on their behalf by:
MR R S KING, Director

KINGS KABS LTD Registered Number 06897910

Notes to the Abbreviated Accounts for the period ended 31 May 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
Motor vehicles 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 June 2013 65,139
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2014 65,139
Depreciation
At 1 June 2013 37,016
Charge for the year 7,031
On disposals -
At 31 May 2014 44,047
Net book values
At 31 May 2014 21,092
At 31 May 2013 28,123
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
100 Ordinary shares of £1 each 100 100