Barnes Kaipah Partnership Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06782666 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 January 2014

for

Barnes Kaipah Partnership Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

K P Barnes

P Kaipah

SECRETARY:

REGISTERED OFFICE:

Equity House

4-6 School Road

Tilehurst

READING

Berkshire

RG31 5AL

REGISTERED NUMBER:

06782666 (England and Wales)

ACCOUNTANTS:

Avalon Accounting

Equity House

4-6 School Road

Tilehurst

READING

Berkshire

RG31 5AL

FIXED ASSETS

Tangible assets

2

2,096

2,795

CURRENT ASSETS

Stocks

8,392

2,223

Debtors

7,451

8,039

Cash at bank

5,925

15,715

21,768

25,977

CREDITORS

Amounts falling due within one year

(18,546

)

(27,520

)

NET CURRENT ASSETS/(LIABILITIES)

3,222

(1,543

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,318

1,252

PROVISIONS FOR LIABILITIES

(419

)

(559

)

NET ASSETS

4,899

693

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

4,897

691

SHAREHOLDERS' FUNDS

4,899

693

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 26 August 2014 and were signed on its behalf by:

P Kaipah - 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.

Plant and machinery etc

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2013

and 31 January 2014

4,588

DEPRECIATION

At 1 February 2013

1,793

Charge for year

699

At 31 January 2014

2,492

NET BOOK VALUE

At 31 January 2014

2,096

At 31 January 2013

2,795

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.14

31.1.13

value:

£

£

2

Ordinary

£1

2

2

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2014 and

31 January 2013:

31.1.14

31.1.13

£

£

P Kaipah

Balance outstanding at start of year

7,859

856

Amounts advanced

-

7,003

Amounts repaid

-

-

Balance outstanding at end of year

7,859

7,859