Abbreviated Company Accounts - KONAR LIMITED

03471636 KONAR LIMITED 2014-11-30 false 2013-12-01 2014-11-30 true 03471636 2013-12-01 2014-11-30 03471636 2014-11-30 03471636 2013-11-30 03471636 uk-gaap-cd-bus:Director1 2013-12-01 2014-11-30 03471636 uk-gaap-cd-bus:Director2 2013-12-01 2014-11-30 uk-gaap-cd-bus:Director3 2013-12-01 2014-11-30 uk-gaap-cd-bus:Director3 2014-11-30 uk-gaap-cd-bus:Director3 2013-11-30 iso4217:GBP shares

Registered Number 03471636

KONAR LIMITED

Abbreviated Accounts

30 November 2014

KONAR LIMITED Registered Number 03471636

Abbreviated Balance Sheet as at 30 November 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	11,796	14,059
		11,796	14,059
Current assets
Debtors		6,613	8,320
Cash at bank and in hand		126,806	105,200
		133,419	113,520
Creditors: amounts falling due within one year		(62,274)	(70,000)
Net current assets (liabilities)		71,145	43,520
Total assets less current liabilities		82,941	57,579
Total net assets (liabilities)		82,941	57,579
Capital and reserves
Called up share capital		2	2
Profit and loss account		82,939	57,577
Shareholders' funds		82,941	57,579

For the year ending 30 November 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 31 July 2015

And signed on their behalf by:
W.L. HEFFERMAN, Director

KONAR LIMITED Registered Number 03471636

Notes to the Abbreviated Accounts for the period ended 30 November 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 15% straight line
Motor Vehicles - 25% straight line

2Tangible fixed assets

	£
Cost
At 1 December 2013	110,991
Additions	3,344
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2014	114,335
Depreciation
At 1 December 2013	96,932
Charge for the year	5,607
On disposals	-
At 30 November 2014	102,539
Net book values
At 30 November 2014	11,796
At 30 November 2013	14,059

3Transactions with directors

Name of director receiving advance or credit:	W L HEFFERMAN
Description of the transaction:	DIRECTORS TRANSACTIONS
Balance at 1 December 2013:	£ 8,320
Advances or credits made:	£ 6,613
Advances or credits repaid:	£ 8,320
Balance at 30 November 2014:	£ 6,613