King Brothers (Eastbourne) Limited - Limited company - abbreviated

REGISTERED NUMBER: 06779561 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

KING BROTHERS (EASTBOURNE) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S King

A Poulton

Mrs E Poulton

Mrs E King

REGISTERED OFFICE:

Railview Lofts

19c Commercial Road

Eastbourne

East Sussex

BN21 3XE

REGISTERED NUMBER:

06779561 (England and Wales)

ACCOUNTANTS:

LMDB Accountants

Chartered Certified Accountants

Railview Lofts

19c Commercial Road

Eastbourne

East Sussex

BN21 3XE

FIXED ASSETS

Tangible assets

2

294,298

-

Investments

3

1,500

295,798

1,500

CURRENT ASSETS

Debtors

48,650

-

Cash at bank

46,521

-

95,171

-

CREDITORS

Amounts falling due within one year

73,620

-

NET CURRENT ASSETS

21,551

-

TOTAL ASSETS LESS CURRENT
LIABILITIES

317,349

1,500

CREDITORS

Amounts falling due after more than
one year

(13,139

)

-

PROVISIONS FOR LIABILITIES

(19,410

)

-

NET ASSETS

284,800

1,500

CAPITAL AND RESERVES

Called up share capital

4

1,500

Profit and loss account

283,300

-

SHAREHOLDERS' FUNDS

284,800

1,500

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 22 May 2015 and were signed on its
behalf by:

S King - Director

A Poulton - 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 services, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

20% on reducing balance and 15% on reducing balance

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those

held under finance leases are depreciated over their estimated useful lives or the lease term,

whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant

period. The capital element of the future payments is treated as a liability.

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

Additions

311,997

At 31 December 2014

311,997

DEPRECIATION

Charge for year

17,699

At 31 December 2014

17,699

NET BOOK VALUE

At 31 December 2014

294,298

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2014

and 31 December 2014

1,500

NET BOOK VALUE

At 31 December 2014

1,500

At 31 December 2013

1,500

The company's investments at the Balance Sheet date in the share capital of companies include the

following:

King Brothers (Southern) Limited

Nature of business: Civil Engineers

%

Class of shares:

holding

Ordinary A,B,C,D and E

100.00

2014

2013

£

Aggregate capital and reserves

587,373

481,795

Profit for the year

305,578

218,197

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

750

Ordinary

£1

750

Ordinary A

£1

750

1,500

King Brothers (Eastbourne) Limited - Limited company - abbreviated - 11.6

King Brothers (Eastbourne) Limited - Limited company - abbreviated - 11.6