Keegans Limited - Limited company - abbreviated - 11.6

Keegans Limited - Limited company - abbreviated - 11.6

KEEGANS LIMITED - Company Information

Print Friendly Version

04547050 1.4.14 31.3.15 31.3.15 Company accounts Private Limited Company FY true false true false false true false ordinary £1 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure045470502014-03-31045470502015-03-31045470502014-04-012015-03-31045470502013-03-31045470502013-04-012014-03-31045470502014-03-3104547050ns14:PoundSterling2014-04-012015-03-3104547050ns7:Director12014-04-012015-03-3104547050ns7:OrdinaryShareClass12014-04-012015-03-3104547050ns7:Director22014-04-012015-03-3104547050ns7:Director32014-04-012015-03-3104547050ns7:CompanySecretary2014-04-012015-03-3104547050ns7:RegisteredOffice2014-04-012015-03-3104547050ns5:NetGoodwill2014-04-012015-03-3104547050ns5:FixturesFittings2014-04-012015-03-3104547050ns5:MotorVehicles2014-04-012015-03-3104547050ns5:ComputerEquipment2014-04-012015-03-3104547050ns7:OrdinaryShareClass12015-03-3104547050ns7:OrdinaryShareClass12014-03-31
REGISTERED NUMBER: 04547050















ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

FOR

KEEGANS LIMITED

KEEGANS LIMITED (REGISTERED NUMBER: 04547050)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

KEEGANS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2015







DIRECTORS: D P Innes
I D Sarchett
A S Morrison





SECRETARY: L M R Coombs





REGISTERED OFFICE: Studio 3
Blue Lion Place
237 Long Lane
London
SE1 4PU





REGISTERED NUMBER: 04547050
Page 1
KEEGANS LIMITED (REGISTERED NUMBER: 04547050)

ABBREVIATED BALANCE SHEET
31 MARCH 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 45,497 66,997
Tangible assets 3 87,843 77,694
133,340 144,691

CURRENT ASSETS
Debtors 1,302,409 1,223,231
Cash at bank and in hand 79,621 20,079
1,382,030 1,243,310
CREDITORS
Amounts falling due within one year 4 928,396 797,278
NET CURRENT ASSETS 453,634 446,032
TOTAL ASSETS LESS CURRENT
LIABILITIES
586,974
590,723

CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and loss account 586,874 590,623
SHAREHOLDERS' FUNDS 586,974 590,723

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 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 1 September 2015 and were signed on its behalf by:





D P Innes - Director


The notes form part of these abbreviated accounts

Page 2
KEEGANS LIMITED (REGISTERED NUMBER: 04547050)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015

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, except in respect of service contracts
where turnover is recognised when the company obtains the right to consideration.

Goodwill
Goodwill, being the amount paid in connection with the acquistion of a business in 2006 and the transfer of the
business from Dearle Henderson Consultancy Limited in 2010. Goodwill is being amortised evenly over its
estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are
depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The
capital element of the future payments is treated as a liability.

Pensions
The company operates a defined contribution pension scheme. Contributions payable for the year are charged in the
profit and loss account.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014
and 31 March 2015 209,997
AMORTISATION
At 1 April 2014 143,000
Amortisation for year 21,500
At 31 March 2015 164,500
NET BOOK VALUE

At 31 March 2015 45,497
At 31 March 2014 66,997

Page 3 continued...
KEEGANS LIMITED (REGISTERED NUMBER: 04547050)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014 278,999
Additions 51,352
At 31 March 2015 330,351
DEPRECIATION
At 1 April 2014 201,305
Charge for year 41,203
At 31 March 2015 242,508
NET BOOK VALUE
At 31 March 2015 87,843
At 31 March 2014 77,694

4. CREDITORS

Creditors include an amount of £ 0 (2014 - £ 8,339 ) for which security has been given.

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 ordinary £1 1 100 100

6. ULTIMATE PARENT COMPANY

The company is wholly owned by N-Able Property Services Limited.

The ultimate holding company is N-Able Holdings Limited which owns 100% of the parent company's share capital .

As a wholly owned subsidiary of N-Able Holdings Limited, the company is exempt from the requirements of FRS8 to disclose transactions with other members of the group headed by N-Able Holdings Limited .

The largest group of undertakings for which group accounts have been drawn up is that headed by N-Able Holdings Limited which is registered in England and Wales .

Page 4