Kinderworld Ltd - Period Ending 2015-12-31

Registration number: 03094582

Kinderworld Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 December 2014
 

Stubbs Parkin Limited
Chartered Accountants
18a London Street
Southport
Merseyside
PR9 0UE

Kinderworld Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Kinderworld Ltd
(Registration number: 03094582)
Abbreviated Balance Sheet at 31 December 2014

		Note			2014 £						2013 £
	£			£			£			£
Fixed assets
Tangible fixed assets		2						636,158						648,502
Current assets
Debtors					16,066						15,838
Cash at bank and in hand					412,303						360,458
					428,369						376,296
Creditors: Amounts falling due within one year					(61,228)						(62,665)
Net current assets								367,141						313,631
Net assets								1,003,299						962,133
Capital and reserves
Called up share capital		3			220,000						220,000
Profit and loss account					783,299						742,133
Shareholders' funds								1,003,299						962,133

For the year ending 31 December 2014 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 25 June 2015 and signed on its behalf by:

.........................................
J Hughes
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Kinderworld Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 December 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Property	2% straight line basis
Plant and machinery	Between 3 and 7 years
Fixtures and fittings	15% Reducing balance basis
Motor vehicles	25% Reducing balance basis

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 January 2014		812,805			812,805
Additions		4,901			4,901
At 31 December 2014		817,706			817,706
Depreciation
At 1 January 2014		164,303			164,303
Charge for the year		17,245			17,245
At 31 December 2014		181,548			181,548
Net book value
At 31 December 2014		636,158			636,158
At 31 December 2013		648,502			648,502

Page 2

Kinderworld Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 December 2014
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary shares of £1 each		220,000			220,000			220,000			220,000

Page 3