Abbreviated Company Accounts - KAZITULA LIMITED

04812053 KAZITULA LIMITED 2014-10-31 false 2013-11-01 2014-10-31 true 04812053 2013-11-01 2014-10-31 04812053 2014-10-31 04812053 2013-10-31 04812053 uk-gaap-cd-bus:Director1 2013-11-01 2014-10-31 04812053 uk-gaap-cd-bus:Director2 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 iso4217:GBP shares

Registered Number 04812053

KAZITULA LIMITED

Abbreviated Accounts

31 October 2014

KAZITULA LIMITED Registered Number 04812053

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	36,890	38,804
		36,890	38,804
Current assets
Stocks		3,000	3,000
Cash at bank and in hand		488	415
		3,488	3,415
Creditors: amounts falling due within one year		(40,195)	(42,077)
Net current assets (liabilities)		(36,707)	(38,662)
Total assets less current liabilities		183	142
Total net assets (liabilities)		183	142
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		83	42
Shareholders' funds		183	142

For the year ending 31 October 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 29 July 2015

And signed on their behalf by:
S UDDIN, Director

KAZITULA LIMITED Registered Number 04812053

Notes to the Abbreviated Accounts for the period ended 31 October 2014

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents the net invoiced value of sales and services provided, excluding Value Added Tax and is attributable to the one principal activity of the Company wholly carried out in the United Kingdom.

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

Equipment - 15% on reducing balance
Furniture and fittings - 15% on reducing balance
Soft furnishings - 15% on reducing balance
Office equipment - 15% on reducing balance

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value.

Transaction with directors
A lease was signed by the Company with its Director for the use of his premises at 42 Goring Road, Goring by Sea, West Sussex BN12 4AD at an annual rental of £20,000 based upon the open market value. The rental paid during the year has been shown in the Profit and Loss Account.

2Tangible fixed assets

	£
Cost
At 1 November 2013	92,983
Additions	4,594
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	97,577
Depreciation
At 1 November 2013	54,179
Charge for the year	6,508
On disposals	-
At 31 October 2014	60,687
Net book values
At 31 October 2014	36,890
At 31 October 2013	38,804

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100