Abbreviated Company Accounts - KEENPHASE LIMITED

Abbreviated Company Accounts - KEENPHASE LIMITED

KEENPHASE LIMITED - Company Information

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Registered Number 08346632

KEENPHASE LIMITED

Abbreviated Accounts

31 December 2014

KEENPHASE LIMITED Registered Number 08346632

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Called up share capital not paid 1 1
Fixed assets
Tangible assets 2 4,495 17,650
4,495 17,650
Current assets
Debtors 1,200 1,200
Cash at bank and in hand 911 910
2,111 2,110
Creditors: amounts falling due within one year (46,893) (50,252)
Net current assets (liabilities) (44,782) (48,142)
Total assets less current liabilities (40,286) (30,491)
Total net assets (liabilities) (40,286) (30,491)
Capital and reserves
Called up share capital 1 1
Profit and loss account (40,287) (30,492)
Shareholders' funds (40,286) (30,491)
  • For the year ending 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 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 14 July 2015

And signed on their behalf by:
M Mohamed, Director

KEENPHASE LIMITED Registered Number 08346632

Notes to the Abbreviated Accounts for the period ended 31 December 2014

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.

Tangible assets depreciation policy
Depreciation has been provided on the Fixtures and Fittings at 10% on cost per annum in order to write off the cost of the asset over its useful life. The cost of the Leasehold Property has been amortised as to write off the cost over the remainder of the term of the lease,

2Tangible fixed assets
£
Cost
At 1 January 2014 34,837
Additions 231
Disposals -
Revaluations -
Transfers -
At 31 December 2014 35,068
Depreciation
At 1 January 2014 17,187
Charge for the year 13,386
On disposals -
At 31 December 2014 30,573
Net book values
At 31 December 2014 4,495
At 31 December 2013 17,650