Office Kitten Limited |
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Report to the directors on the preparation of the unaudited abbreviated accounts of |
Office Kitten Limited for the year ended 31 December 2014 |
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In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Office Kitten Limited for the year ended 31 December 2014 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/ |
This report is made solely to the Board of Directors of Office Kitten Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Office Kitten Limited and state those matters that we have agreed to state to the Board of Directors of Office Kitten Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Office Kitten Limited and its Board of Directors as a body for our work or for this report. |
It is your duty to ensure that Office Kitten Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Office Kitten Limited. You consider that Office Kitten Limited is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the accounts of Office Kitten Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the abbreviated accounts. |
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LW Accountants |
Chartered Certified Accountants |
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73 Crostons Road |
Bury |
Lancashire |
BL8 1LB |
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22 September 2015 |
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Office Kitten Limited |
Registered number: 05582626 |
Abbreviated Balance Sheet |
as at 31 December 2014 |
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Notes |
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|
2014 |
|
|
2013 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
10,147 |
|
|
20,294 |
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Current assets |
Debtors |
|
|
8,185 |
|
|
901 |
Cash at bank and in hand |
|
|
18,558 |
|
|
1,000 |
|
|
|
26,743 |
|
|
1,901 |
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Creditors: amounts falling due within one year |
|
|
(58,028) |
|
|
(37,638) |
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Net current liabilities |
|
|
|
(31,285) |
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|
(35,737) |
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Net liabilities |
|
|
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(21,138) |
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|
(15,443) |
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|
|
|
|
|
|
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Capital and reserves |
Called up share capital |
3 |
|
|
203 |
|
|
203 |
Profit and loss account |
|
|
|
(21,341) |
|
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(15,646) |
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Shareholders' funds |
|
|
|
(21,138) |
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(15,443) |
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|
|
|
|
|
|
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The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
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J Clark |
Director |
Approved by the board on 22 September 2015 |
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Office Kitten Limited |
Notes to the Abbreviated Accounts |
for the year ended 31 December 2014 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
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The accounts have been drawn up on the going concern basis. If the going concern basis were not appropriate, adjustments would have to be made to reclassify fixed assets as current assets and long term liabilities as current liabilities and to provide further liabilities which may arise. No adjustments will be necessary to reduce the value of current assets as these are already stated at their recoverable amount. |
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Turnover |
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Turnover represents the value, net of value added tax and discounts, of goods provided to customers. Turnover is recognised when the goods are physically delivered to the customer. |
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Depreciation |
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Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
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Plant and machinery |
20% straight line |
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Provisions |
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Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis. |
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|
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2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2014 |
50,736 |
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At 31 December 2014 |
50,736 |
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|
|
|
|
|
|
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Depreciation |
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At 1 January 2014 |
30,442 |
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Charge for the year |
10,147 |
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At 31 December 2014 |
40,589 |
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|
|
|
|
|
|
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Net book value |
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At 31 December 2014 |
10,147 |
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At 31 December 2013 |
20,294 |
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|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
200 |
|
200 |
|
200 |
|
A Ordinary shares |
£1 each |
|
1 |
|
1 |
|
1 |
|
B Ordinary shares |
£1 each |
|
1 |
|
1 |
|
1 |
|
C Ordinary shares |
£1 each |
|
1 |
|
1 |
|
1 |
|
|
|
|
|
|
203 |
|
203 |
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|
|
|
|
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