Abbreviated Company Accounts - KINGSLAND LACEY LIMITED

Abbreviated Company Accounts - KINGSLAND LACEY LIMITED

KINGSLAND LACEY LIMITED - Company Information

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Registered Number 06386524

KINGSLAND LACEY LIMITED

Abbreviated Accounts

31 October 2013

KINGSLAND LACEY LIMITED Registered Number 06386524

Abbreviated Balance Sheet as at 31 October 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 431 701
431 701
Current assets
Debtors 1,985 4,817
1,985 4,817
Creditors: amounts falling due within one year (2,264) (3,861)
Net current assets (liabilities) (279) 956
Total assets less current liabilities 152 1,657
Total net assets (liabilities) 152 1,657
Capital and reserves
Called up share capital 2 2
Profit and loss account 150 1,655
Shareholders' funds 152 1,657
  • For the year ending 31 October 2013 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 28 July 2014

And signed on their behalf by:
Mr J E K Turner, Director

KINGSLAND LACEY LIMITED Registered Number 06386524

Notes to the Abbreviated Accounts for the period ended 31 October 2013

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.

Turnover policy
Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on intangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows :
Asset class Depreciation method and rate
Office equipment straight line basis 20%

2Tangible fixed assets
£
Cost
At 1 November 2012 1,361
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2013 1,361
Depreciation
At 1 November 2012 660
Charge for the year 270
On disposals -
At 31 October 2013 930
Net book values
At 31 October 2013 431
At 31 October 2012 701