Kenlare Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 01662858 (England and Wales)

Abbreviated Unaudited Accounts

For The Year Ended 31 March 2015

for

Kenlare Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs J A Stokes

SECRETARY:

R J Stokes

REGISTERED OFFICE:

Goodridge Court

Goodridge Avenue

Gloucester

Gloucestershire

GL2 5EN

REGISTERED NUMBER:

01662858 (England and Wales)

ACCOUNTANTS:

Kingscott Dix Limited

Chartered Accountants

Goodridge Court

Goodridge Avenue

Gloucester

Gloucestershire

GL2 5EN

BANKERS:

Barclays Bank Plc

18 Southgate Street

Gloucester

GL1 2DJ

FIXED ASSETS

Tangible assets

2

278

445

CURRENT ASSETS

Stocks

120

120

Debtors

524

474

Cash at bank and in hand

62,168

51,570

62,812

52,164

CREDITORS

Amounts falling due within one year

17,785

16,891

NET CURRENT ASSETS

45,027

35,273

TOTAL ASSETS LESS CURRENT LIABILITIES

45,305

35,718

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

45,205

35,618

SHAREHOLDERS' FUNDS

45,305

35,718

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 8 June 2015 and were signed by:

Mrs J A Stokes - 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.

Short leasehold

-

10% on cost

Plant and machinery

-

15% on cost

Fixtures and fittings

-

15% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

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 April 2014

82,387

Disposals

(8,700

)

At 31 March 2015

73,687

DEPRECIATION

At 1 April 2014

81,942

Charge for year

167

Eliminated on disposal

(8,700

)

At 31 March 2015

73,409

NET BOOK VALUE

At 31 March 2015

278

At 31 March 2014

445

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

25

Ordinary "A"

£1

25

25

25

Ordinary "B"

£1

25

25

25

Ordinary "C"

£1

25

25

25

Ordinary "D"

£1

25

25

100

100