Kitlea Estates (Sussex) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 00571575 (England and Wales)

Abbreviated Accounts for the Year Ended 31 March 2015

for

Kitlea Estates (Sussex) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs M S Flexer

D Flexer

SECRETARY:

D Flexer

REGISTERED OFFICE:

39 Sackville Road

Hove

East Sussex

BN3 3WD

REGISTERED NUMBER:

00571575 (England and Wales)

ACCOUNTANTS:

Bristow Still

Chartered Accountants

39 Sackville Road

Hove

East Sussex

BN3 3WD

Fixed assets

Tangible assets

2

-

1,035,556

Current assets

Cash at bank

1,068,056

25,821

Creditors

Amounts falling due within one year

3,343

192,548

Net current assets/(liabilities)

1,064,713

(166,727

)

Total assets less current liabilities

1,064,713

868,829

Creditors

Amounts falling due after more than one year

-

27,365

Net assets

1,064,713

841,464

Capital and reserves

Called up share capital

3

100

100

Revaluation reserve

789,322

789,322

Profit and loss account

275,291

52,042

Shareholders' funds

1,064,713

841,464

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 28 August 2015 and were signed on its behalf by:

D Flexer - 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).

Tangible fixed assets

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

Land and buildings

-

not provided

Plant and machinery etc

-

15% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

1,038,451

Additions

4,597

Disposals

(1,043,048

)

At 31 March 2015

-

DEPRECIATION

At 1 April 2014

2,895

Eliminated on disposal

(2,895

)

At 31 March 2015

-

NET BOOK VALUE

At 31 March 2015

-

At 31 March 2014

1,035,556

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

Ordinary

£1

100

100