KPAA Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04591469 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2014

for

KPAA LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs K Gupta

Mr A Gupta

Mr P Oza

Mr J P Thakrar

SECRETARY:

Mr J P Thakrar

REGISTERED OFFICE:

20 Thornway

Bramhall

Stockport

Cheshire

SK7 2AF

REGISTERED NUMBER:

04591469 (England and Wales)

ACCOUNTANTS:

Abrams Ashton

Chartered Accountants

41 St Thomas's Road

Chorley

Lancashire

PR7 1JE

FIXED ASSETS

Tangible assets

2

15,038

20,737

CURRENT ASSETS

Debtors

119,255

28,987

Investments

178,206

110,728

Cash at bank

379,890

518,082

677,351

657,797

CREDITORS

Amounts falling due within one year

43,366

20,682

NET CURRENT ASSETS

633,985

637,115

TOTAL ASSETS LESS CURRENT LIABILITIES

649,023

657,852

PROVISIONS FOR LIABILITIES

-

405

NET ASSETS

649,023

657,447

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

648,923

657,347

SHAREHOLDERS' FUNDS

649,023

657,447

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

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

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.

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 Board of Directors on 25 April 2015 and were signed on its behalf by:

Mrs K Gupta - Director

Mr P Oza - 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 the value of goods, excluding value added tax, provided to customers during the year.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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

and 31 December 2014

27,493

DEPRECIATION

At 1 January 2014

6,756

Charge for year

5,699

At 31 December 2014

12,455

NET BOOK VALUE

At 31 December 2014

15,038

At 31 December 2013

20,737

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

£

100

Ordinary

£1

100

100