Abbreviated Company Accounts - NORTHERN KILNS LIMITED

Abbreviated Company Accounts - NORTHERN KILNS LIMITED

NORTHERN KILNS LIMITED - Company Information

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Registered Number 06505754

NORTHERN KILNS LIMITED

Abbreviated Accounts

30 June 2014

NORTHERN KILNS LIMITED Registered Number 06505754

Abbreviated Balance Sheet as at 30 June 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 50,850 56,500
Tangible assets 3 185,371 36,397
236,221 92,897
Current assets
Stocks 124,258 64,926
Debtors 12,754 12,924
Cash at bank and in hand 635 125
137,647 77,975
Creditors: amounts falling due within one year (179,372) (135,471)
Net current assets (liabilities) (41,725) (57,496)
Total assets less current liabilities 194,496 35,401
Creditors: amounts falling due after more than one year (172,000) (20,000)
Total net assets (liabilities) 22,496 15,401
Capital and reserves
Called up share capital 100 100
Profit and loss account 22,396 15,301
Shareholders' funds 22,496 15,401
  • For the year ending 30 June 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 3 December 2014

And signed on their behalf by:
Adrian Cross, Director

NORTHERN KILNS LIMITED Registered Number 06505754

Notes to the Abbreviated Accounts for the period ended 30 June 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.

Turnover policy
Turnover comprises revenue recognised by the company in respect of goods and services supplied, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less deprecation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant and equipment - 20% straight line
Motor vehicles - 20% straight line

2Intangible fixed assets
£
Cost
At 1 July 2013 56,500
Additions -
Disposals -
Revaluations -
Transfers -
At 30 June 2014 56,500
Amortisation
At 1 July 2013 -
Charge for the year 5,650
On disposals -
At 30 June 2014 5,650
Net book values
At 30 June 2014 50,850
At 30 June 2013 56,500
3Tangible fixed assets
£
Cost
At 1 July 2013 40,434
Additions 168,783
Disposals -
Revaluations -
Transfers -
At 30 June 2014 209,217
Depreciation
At 1 July 2013 4,037
Charge for the year 19,809
On disposals -
At 30 June 2014 23,846
Net book values
At 30 June 2014 185,371
At 30 June 2013 36,397