Company Registration No. 04972801 (England and Wales)
T.K. CABLE LIMITED
Unaudited accounts
for the year ended 30 November 2018
T.K. CABLE LIMITED
Unaudited accounts
Contents
T.K. CABLE LIMITED
Company Information
for the year ended 30 November 2018
Directors
T Kearney
P Kearney
Company Number
04972801 (England and Wales)
Registered Office
Equilibrium House, Mansion Close
Moulton Park Industrial Estate
Northampton
NN3 6RU
Accountants
ACAX Limited
Shilton House
56 Park Avenue North
Northampton
Northants
NN3 2JE
T.K. CABLE LIMITED
Statement of financial position
as at 30 November 2018
Tangible assets
133,677
144,821
Cash at bank and in hand
55,446
17,477
Creditors: amounts falling due within one year
(239,462)
(158,518)
Net current liabilities
(106,491)
(139,175)
Total assets less current liabilities
27,186
5,646
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
27,086
524
Shareholders' funds
27,186
624
For the year ending 30 November 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 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 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 31 August 2019.
T Kearney
Director
Company Registration No. 04972801
T.K. CABLE LIMITED
Notes to the Accounts
for the year ended 30 November 2018
T.K. CABLE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04972801. The registered office is Equilibrium House, Mansion Close, Moulton Park Industrial Estate, Northampton, NN3 6RU.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Land and buildings - at varying rates on cost
Plant and machinery etc - 2 5% on reducing balance, 20% on reducing balance, at varying rates on cost and at variable rates on reducing balance
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Goodwill
At 1 December 2017
364,500
At 30 November 2018
364,500
At 1 December 2017
364,500
At 30 November 2018
364,500
T.K. CABLE LIMITED
Notes to the Accounts
for the year ended 30 November 2018
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Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2017
162,811
109,898
139,423
412,132
Disposals
-
(3,400)
-
(3,400)
At 30 November 2018
162,811
106,498
139,423
408,732
At 1 December 2017
47,171
94,727
125,413
267,311
Charge for the year
4,347
2,959
3,502
10,808
On disposals
-
(3,064)
-
(3,064)
At 30 November 2018
51,518
94,622
128,915
275,055
At 30 November 2018
111,293
11,876
10,508
133,677
At 30 November 2017
115,640
15,171
14,010
144,821
Accrued income and prepayments
1,866
1,866
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Creditors: amounts falling due within one year
2018
2017
Taxes and social security
18,556
19,643
Other creditors
22,184
32,405
Loans from directors
196,722
71,670
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Average number of employees
During the year the average number of employees was 3 (2017: 3).
