Kent Supplies (Wrexham) Limited - Limited company - abbreviated - 11.6
Kent Supplies (Wrexham) Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended 31 December 2014 |
| for |
| Kent Supplies (Wrexham) Limited |
| Kent Supplies (Wrexham) Limited (Registered number: 00933623) |
| Contents of the Abbreviated Accounts |
| for the year ended 31 December 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Chartered Accountants' Report | 7 |
| Kent Supplies (Wrexham) Limited |
| Company Information |
| for the year ended 31 December 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Kent Supplies (Wrexham) Limited (Registered number: 00933623) |
| Abbreviated Balance Sheet |
| 31 December 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| Investment property | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Revaluation reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| Kent Supplies (Wrexham) Limited (Registered number: 00933623) |
| Abbreviated Balance Sheet - continued |
| 31 December 2014 |
| The financial statements were approved by the Board of Directors on |
| Kent Supplies (Wrexham) Limited (Registered number: 00933623) |
| Notes to the Abbreviated Accounts |
| for the year ended 31 December 2014 |
| 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 |
| Improvements to property | - |
| Plant and machinery | - |
| Motor vehicles | - |
| Investment property |
| Investment property is shown at the most recent valuation. Any aggregate surplus or deficit arising from the |
| changes in market value is transferred to a revaluation reserve. In order to show a true and fair view the |
| investment property is not depreciated |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to the profit and loss account in the period to which they relate. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 January 2014 |
| Additions |
| Disposals | ( |
) |
| At 31 December 2014 |
| DEPRECIATION |
| At 1 January 2014 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 December 2014 |
| NET BOOK VALUE |
| At 31 December 2014 |
| At 31 December 2013 |
| Kent Supplies (Wrexham) Limited (Registered number: 00933623) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 31 December 2014 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 January 2014 |
| and 31 December 2014 | 40,770 |
| NET BOOK VALUE |
| At 31 December 2014 |
| At 31 December 2013 |
| 4. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST |
| At 1 January 2014 |
| and 31 December 2014 |
| NET BOOK VALUE |
| At 31 December 2014 |
| At 31 December 2013 |
| 5. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| The aggregate total of debtors falling due after more than one year is £ |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| NIL | Ordinary | 1 |
| (2013 - ) |
| Ordinary A | £1 |
| Ordinary B | £1 |
| 450,000 | 450,000 |
| Kent Supplies (Wrexham) Limited (Registered number: 00933623) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 31 December 2014 |
| 7. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 31 December 2014 and |
| 31 December 2013: |
| 2014 | 2013 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) |
| Balance outstanding at end of year |
| Balance outstanding at start of year | ( |
) | ( |
) |
| Amounts advanced |
| Amounts repaid | ( |
) |
| Balance outstanding at end of year | ( |
) | ( |
) |
| Chartered Accountants' Report to the Board of Directors |
| on the Unaudited Financial Statements of |
| Kent Supplies (Wrexham) Limited |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual |
| unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to six) have |
| been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of Kent Supplies (Wrexham) Limited for the year ended 31 December 2014 which comprise the |
| Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from |
| information and explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject |
| to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
| This report is made solely to the Board of Directors of Kent Supplies (Wrexham) Limited, as a body, in accordance with |
| our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of |
| Kent Supplies (Wrexham) Limited and state those matters that we have agreed to state to the Board of Directors of Kent |
| Supplies (Wrexham) Limited, as a body, in this report in accordance with AAF 2/10 as detailed at |
| icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone |
| other than the company and its Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that Kent Supplies (Wrexham) Limited has kept adequate accounting records and to prepare |
| statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Kent |
| Supplies (Wrexham) Limited. You consider that Kent Supplies (Wrexham) Limited is exempt from the statutory audit |
| requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Kent Supplies (Wrexham) |
| Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and |
| explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| Chartered Accountants |
| 3 March 2015 |