Kiki Limited - Limited company - abbreviated

REGISTERED NUMBER: 03808120 (England and Wales)

Abbreviated Unaudited Accounts For The Year Ended 31st July 2014

for

Kiki Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr C Kikis

SECRETARY:

Mr C Kikis

REGISTERED OFFICE:

58 Thorpe Road

Norwich

Norfolk

NR1 1RY

REGISTERED NUMBER:

03808120 (England and Wales)

ACCOUNTANTS:

Aston Shaw Ltd

58 Thorpe Road

Norwich

Norfolk

NR1 1RY

FIXED ASSETS

Intangible assets

2

5,648

6,687

Tangible assets

3

42,903

46,174

48,551

52,861

CURRENT ASSETS

Stocks

90,044

81,995

Debtors

441,624

238,859

Cash at bank

57,931

62,649

589,599

383,503

CREDITORS

Amounts falling due within one year

300,589

172,824

NET CURRENT ASSETS

289,010

210,679

TOTAL ASSETS LESS CURRENT
LIABILITIES

337,561

263,540

PROVISIONS FOR LIABILITIES

1,427

1,770

NET ASSETS

336,134

261,770

CAPITAL AND RESERVES

Called up share capital

4

1

Profit and loss account

336,133

261,769

SHAREHOLDERS' FUNDS

336,134

261,770

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 28th April 2015 and were signed by:

Mr C Kikis - Director

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

2% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Going concern

These financial statements have been prepared on the going concern basis. The Directors consider this basis to

be appropriate but have not assessed a period in excess of 12 months from the date of approving the accounts.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1st August 2013

and 31st July 2014

10,394

AMORTISATION

At 1st August 2013

3,707

Amortisation for year

1,039

At 31st July 2014

4,746

NET BOOK VALUE

At 31st July 2014

5,648

At 31st July 2013

6,687

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st August 2013

106,581

Additions

3,476

At 31st July 2014

110,057

DEPRECIATION

At 1st August 2013

60,407

Charge for year

6,747

At 31st July 2014

67,154

NET BOOK VALUE

At 31st July 2014

42,903

At 31st July 2013

46,174

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/7/14

31/7/13

value:

£

1

Ordinary

£1

1

5.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party for this year and the preceding year is the director Mr C Kikis by way of his share

holdings.

Kiki Limited - Limited company - abbreviated - 11.6

Kiki Limited - Limited company - abbreviated - 11.6