Kapitol Promotions Limited - Limited company - abbreviated - 11.6

Kapitol Promotions Limited - Limited company - abbreviated - 11.6

KAPITOL PROMOTIONS LIMITED - Company Information

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REGISTERED NUMBER: 04124927 (England and Wales)









ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

KAPITOL PROMOTIONS LIMITED

KAPITOL PROMOTIONS LIMITED (REGISTERED NUMBER: 04124927)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014










Page

Company Information 1

Accountants' Report 2

Abbreviated Balance Sheet 3 to 4

Notes to the Abbreviated Accounts 5 to 7

KAPITOL PROMOTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2014







DIRECTORS: Mr P P Morris
Ms N L Bland





SECRETARY: Mr P P Morris





REGISTERED OFFICE: 13 The Paddocks
Penarth
South Glamorgan
CF64 5BW





REGISTERED NUMBER: 04124927 (England and Wales)





ACCOUNTANTS: Seymour Taylor Audit Limited
57 London Road
High Wycombe
Buckinghamshire
HP11 1BS
Page 1
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
KAPITOL PROMOTIONS LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's
annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on
pages three to seven) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your
approval the financial statements of Kapitol Promotions Limited for the year ended 31 December 2014
which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's
accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Kapitol Promotions Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Kapitol Promotions Limited and state those matters that we have agreed to state to the Board of Directors of Kapitol Promotions Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Kapitol Promotions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Kapitol Promotions Limited. You consider that Kapitol Promotions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Kapitol
Promotions Limited. For this reason, we have not verified the accuracy or completeness of the accounting
records or information and explanations you have given to us and we do not, therefore, express any opinion
on the statutory financial statements.






Seymour Taylor Audit Limited
57 London Road
High Wycombe
Buckinghamshire
HP11 1BS


3 July 2015

This page does not form part of the abbreviated accounts

Page 2
KAPITOL PROMOTIONS LIMITED (REGISTERED NUMBER: 04124927)

ABBREVIATED BALANCE SHEET
31 DECEMBER 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 1 1
Tangible assets 3 531 -
Investments 4 - 100
532 101

CURRENT ASSETS
Debtors 4,219 10,875
Cash at bank and in hand 54,548 41,987
58,767 52,862
CREDITORS
Amounts falling due within one year 22,546 22,840
NET CURRENT ASSETS 36,221 30,022
TOTAL ASSETS LESS CURRENT
LIABILITIES
36,753
30,123

The notes on pages 5 to 7 form part of these abbreviated accounts

Page 3
KAPITOL PROMOTIONS LIMITED (REGISTERED NUMBER: 04124927)

ABBREVIATED BALANCE SHEET - continued
31 DECEMBER 2014

2014 2013
Notes £    £    £    £   

CAPITAL AND RESERVES
Called up share capital 5 102 102
Profit and loss account 36,651 30,021
SHAREHOLDERS' FUNDS 36,753 30,123

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 3 July 2015 and were signed on its
behalf by:





Mr P P Morris - Director


The notes on pages 5 to 7 form part of these abbreviated accounts

Page 4
KAPITOL PROMOTIONS LIMITED (REGISTERED NUMBER: 04124927)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014


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.

Besson national rules
The Besson national rules have been valued at the lower of cost and net realisable value.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 3 years

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

Intellectual property
The intellectual property has been written of over three years on a straight line basis.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual
arrangement, as either financial assets, financial liabilities or equity instruments. An equity
instrument is any contract that evidences a residual interest in the assets of the company after
deducting all of its liabilities.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2014
and 31 December 2014 1
NET BOOK VALUE

At 31 December 2014 1
At 31 December 2013 1

Page 5
KAPITOL PROMOTIONS LIMITED (REGISTERED NUMBER: 04124927)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2014


3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2014 2,142
Additions 792
At 31 December 2014 2,934
DEPRECIATION
At 1 January 2014 2,142
Charge for year 261
At 31 December 2014 2,403
NET BOOK VALUE
At 31 December 2014 531
At 31 December 2013 -

4. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 January 2014 100
Disposals (100 )
At 31 December 2014 -
NET BOOK VALUE
At 31 December 2014 -
At 31 December 2013 100

Page 6
KAPITOL PROMOTIONS LIMITED (REGISTERED NUMBER: 04124927)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2014


5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
100 Ordinary £1 100 100
1 Ordinary Class A £1 1 1
1 Ordinary Class B £1 1 1
102 102

Page 7