| A G KELLY LTD |
| Registered number: |
04423234 |
| Abbreviated Balance Sheet |
| as at 30 September 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
1,808 |
|
|
3,611 |
| Tangible assets |
3 |
|
|
17,355 |
|
|
5,419 |
|
|
|
|
19,163 |
|
|
9,030 |
|
| Current assets |
| Debtors |
|
|
62,264 |
|
|
40,640 |
| Cash at bank and in hand |
|
|
21,060 |
|
|
46,046 |
|
|
|
83,324 |
|
|
86,686 |
|
| Creditors: amounts falling due within one year |
|
|
(15,148) |
|
|
(18,811) |
|
| Net current assets |
|
|
|
68,176 |
|
|
67,875 |
|
| Net assets |
|
|
|
87,339 |
|
|
76,905 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
87,239 |
|
|
76,805 |
|
| Shareholder's funds |
|
|
|
87,339 |
|
|
76,905 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| ANTHONY KELLY |
| Director |
| Approved by the board on 23 June 2015 |
|
| A G KELLY LTD |
| Notes to the Abbreviated Accounts |
| for the year ended 30 September 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
The turnover shown in the profit and loss account represents amounts invoiced during the year,
exclusive of Value Added Tax. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% reducing balance |
|
Motor vehicles |
20% reducing balance |
|
|
Intangible fixed assets |
|
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impaired of intangible assets is reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 October 2013 |
18,035 |
|
At 30 September 2014 |
18,035 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 October 2013 |
14,424 |
|
Provided during the year |
1,803 |
|
At 30 September 2014 |
16,227 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2014 |
1,808 |
|
At 30 September 2013 |
3,611 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 October 2013 |
17,109 |
|
Additions |
15,943 |
|
At 30 September 2014 |
33,052 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 October 2013 |
11,690 |
|
Charge for the year |
4,007 |
|
At 30 September 2014 |
15,697 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2014 |
17,355 |
|
At 30 September 2013 |
5,419 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
