Kilderk Inns Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 02600528 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2014

for

Kilderk Inns Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R E Wilkinson

R A Iles

SECRETARY:

R E Wilkinson

REGISTERED OFFICE:

2 Park View

Middleton Tyas

Richmond

North Yorkshire

DL10 6SG

REGISTERED NUMBER:

02600528 (England and Wales)

ACCOUNTANTS:

J P Walters & Co

Chartered Accountants

67 Duke Street

Darlington

Co. Durham

DL3 7SD

FIXED ASSETS

Tangible assets

2

108,724

112,223

CURRENT ASSETS

Debtors

34,786

42,344

Cash at bank and in hand

189

1,187

34,975

43,531

CREDITORS

Amounts falling due within one year

3

29,294

24,525

NET CURRENT ASSETS

5,681

19,006

TOTAL ASSETS LESS CURRENT LIABILITIES

114,405

131,229

CREDITORS

Amounts falling due after more than one year

(9,354

)

(18,000

)

PROVISIONS FOR LIABILITIES

(368

)

(368

)

NET ASSETS

104,683

112,861

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

104,681

112,859

SHAREHOLDERS' FUNDS

104,683

112,861

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 14 July 2015 and were signed on its behalf by:

R E Wilkinson - 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.

Freehold property

-

2% on cost

Fixtures and fittings

-

15% on cost

Deferred tax

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

sheet date.

Operating leases

Assets utilised in operating leases are recorded as fixed assets and depreciated over their useful lives. Rental

income from an operating lease is recognised on a straight line basis over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

206,269

DEPRECIATION

At 1 January 2014

94,046

Charge for year

3,499

At 31 December 2014

97,545

NET BOOK VALUE

At 31 December 2014

108,724

At 31 December 2013

112,223

3.

CREDITORS

Creditors include an amount of £ 4,013 (31.12.13 - £ 4,504 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

£

2

Ordinary

£1

2

2

5.	ULTIMATE PARENT COMPANY

Northbay Limited is regarded by the directors as being the company's ultimate parent company.