Kingswood Fitted Interiors Limited - Abbreviated Accounts

KINGSWOOD FITTED INTERIORS LIMITED - Company Information

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Kingswood Fitted Interiors Limited

Company No. 07437309

ABBREVIATED ACCOUNTS

for the year ended 30th November 2013

Kingswood Fitted Interiors Limited

Company No. 07437309

ABBREVIATED BALANCE SHEET

as at 30th November 2013

				2012
	Note	£	£	£
FIXED ASSETS
Intangible assets			-	-
Tangible assets	2		13898	11294
Investments			-	-
			13898	11294
CURRENT ASSETS
Stocks		-		-
Debtors		3990		9354
Investments held as current assets		-		-
Cash at bank and in hand		11469		39500
		15459		48854
Creditors: amounts falling due
within one year		23657		53894
NET CURRENT LIABILITIES			(8198)	(5040)
TOTAL ASSETS LESS CURRENT LIABILITIES			5700	6254

Creditors: amounts falling due
after more than one year			-	-

Provisions for liabilities and charges			-	-

			5700	6254
CAPITAL AND RESERVES

Called up share capital			1	1
Share premium account			-	-
Revaluation reserve			-	-
Other reserves			-	-
Profit and loss account			5699	6253

SHAREHOLDERS FUNDS			5700	6254

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies which are subject to the small companies' regime.

For the year ended 30th November 2013 the Company is entitled to the exemption from the requirement to obtain an audit conferred by section 477 of the Companies Act 2006 and 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.

Approved by the Board on 21 August 2014

G M Deer

Director

Kingswood Fitted Interiors Limited

NOTES TO THE ABBREVIATED ACCOUNTS

for the year ended 30th November 2013

1 Accounting Policies

The accounts have been prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards.

Turnover

Turnover represents the invoiced value of goods and services supplied by the Company, net of value added tax and trade discounts.

Depreciation

Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Plant, machinery and vehicles

25% reducing balance

2 Tangible Fixed Assets
	£
Cost

At 1st December 2012	15060
Additions	5737
Surplus on revaluation	-
Disposals	-
At 30th November 2013	20797

Depreciation

At 1st December 2012	3766
Charge for year	3133
Released by Disposals	-
At 30th November 2013	6899

Net Book Value

At 30th November 2013	13898
At 30th November 2012	11294