K1 Contracting Limited Accounts

K1 CONTRACTING LIMITED - Company Information






K1 Contracting Limited
	Company No. 06030470
		Abbreviated Accounts
		31 December 2014

at	31 December 2014

Company No.		06030470	Notes	2014	2013
				£	£
Fixed assets

	Tangible assets		2	696	1,372

				696	1,372
Current assets

	Debtors			8,419	30,206

	Cash at bank and in hand			9,166	5,125
				17,585	35,331
Creditors: Amounts falling due within one year				(17,736)	(16,119)
Net current (liabilities)/assets				(151)	19,212
Total assets less current liabilities				545	20,584




Net assets				545	20,584

Capital and reserves
	Called up share capital		3	1	1



	Profit and loss account			544	20,583

Shareholder's funds				545	20,584

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

For the year ended 31 December 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 01 September 2015

And signed on its behalf by:

K. Essex
Director
01 September 2015

for the year ended 31 December 2014

1	Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) ["the FRSSE"].

Turnover

Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers.

Tangible fixed assets and depreciation

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

2	Fixed assets
		Tangible fixed assets	Total
		£	£
	Cost or revaluation
	At 1 January 2014	3,614	3,614




	At 31 December 2014	3,614	3,614
	Amortisation
	At 1 January 2014	2,242	2,242
	Charge for the year	676	676



	At 31 December 2014	2,918	2,918
	Net book values
	At 31 December 2014	696	696
	At 31 December 2013	1,372	1,372

3	Share Capital
		Nominal value	2014	2014	2013
		£	Number	£	£
	Allotted, called up and fully paid:
	Ordinary	1.00	1	1	1




				1	1