Abbreviated Company Accounts - K.A.J. ENTERPRISE LIMITED

K.A.J. ENTERPRISE LIMITED - Company Information

06522285 K.A.J. ENTERPRISE LIMITED 2014-06-30 false 2013-07-01 2014-06-30 true 06522285 2013-07-01 2014-06-30 06522285 2014-06-30 06522285 2013-06-30 06522285 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 06522285 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 iso4217:GBP shares

Registered Number 06522285

K.A.J. ENTERPRISE LIMITED

Abbreviated Accounts

30 June 2014

K.A.J. ENTERPRISE LIMITED Registered Number 06522285

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	18,210	24,280
		18,210	24,280
Current assets
Stocks		94,290	110,519
Debtors		88,122	45,480
Cash at bank and in hand		138,487	181,019
		320,899	337,018
Creditors: amounts falling due within one year		(332,409)	(324,201)
Net current assets (liabilities)		(11,510)	12,817
Total assets less current liabilities		6,700	37,097
Total net assets (liabilities)		6,700	37,097
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		6,600	36,997
Shareholders' funds		6,700	37,097

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 25 March 2015

And signed on their behalf by:
Mr V.M Vaidya, Director

K.A.J. ENTERPRISE LIMITED Registered Number 06522285

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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings - 25% reducing balance

Other accounting policies
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

2Tangible fixed assets

	£
Cost
At 1 July 2013	78,831
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	78,831
Depreciation
At 1 July 2013	54,551
Charge for the year	6,070
On disposals	-
At 30 June 2014	60,621
Net book values
At 30 June 2014	18,210
At 30 June 2013	24,280

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100