KEYSTONE DESIGNS LIMITED - Accounts 2013


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 28/02/2013

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 07525444


Registered Number: 07525444

BALANCE SHEET AT 28/02/2013

			2013		2012
	Notes		£		£

FIXED ASSETS
Tangible assets	2		192		284

CURRENT ASSETS
Debtors (amounts falling due within one year)	3	1,494		5,193
Cash at bank and in hand		4,678		385
		6,172		5,578
CREDITORS: Amounts falling due within one year		4,933		5,000
NET CURRENT ASSETS			1,239		578
TOTAL ASSETS LESS CURRENT LIABILITIES			1,431		862

CAPITAL AND RESERVES

Called up share capital	4		100		100
Profit and loss account			1,331		762
SHAREHOLDERS' FUNDS			1,431		862

For the year ending 28/02/2013 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 23/07/2014 and signed on their behalf by




R Gamble
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).




1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Equipment		straight line 33.33%




1d. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1e. Turnover
Turnover represents the invoiced value of services supplied by the company, net of value added tax and trade discounts.




3. DEBTORS	2013	2012
	£	£

Amounts falling due within one year:
Trade debtors	-	5,193
Other debtors	1,494	-
	1,494	5,193




4. SHARE CAPITAL	2013	2012
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £100 each	100	100
	100	100




5. TURNOVER

The turnover and pre-tax result is attributable to the provision of architectural services.

	2013	2012
	£	£
Sales	17,079	31,622
	17,079	31,622




6. CONTROLLING PARTY
The company has been controlled since formation by the director by virtue of holding all the shares.