| KAP Engineering & Fabrication Limited |
| Registered number: |
07315410 |
| Abbreviated Balance Sheet |
| as at 31 July 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
33,731 |
|
|
18,301 |
|
| Current assets |
| Stocks |
|
|
5,000 |
|
|
4,000 |
| Debtors |
|
|
44,273 |
|
|
79,063 |
|
|
|
49,273 |
|
|
83,063 |
|
| Creditors: amounts falling due within one year |
|
|
(59,088) |
|
|
(97,735) |
|
| Net current liabilities |
|
|
|
(9,815) |
|
|
(14,672) |
|
| Net assets |
|
|
|
23,916 |
|
|
3,629 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
80 |
|
|
80 |
| Profit and loss account |
|
|
|
23,836 |
|
|
3,549 |
|
| Shareholders' funds |
|
|
|
23,916 |
|
|
3,629 |
|
|
|
|
|
|
|
|
| The director is 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 director acknowledges his 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. |
|
|
|
| Mr P Smith |
| Director |
| Approved by the board on 15 October 2015 |
|
| KAP Engineering & Fabrication Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 July 2015 |
|
| 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). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% reducing balance |
|
Motor vehicles |
20% reducing balance |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 August 2014 |
31,689 |
|
Additions |
27,525 |
|
Disposals |
(4,578) |
|
At 31 July 2015 |
54,636 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 August 2014 |
13,388 |
|
Charge for the year |
8,433 |
|
On disposals |
(916) |
|
At 31 July 2015 |
20,905 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 July 2015 |
33,731 |
|
At 31 July 2014 |
18,301 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
80 |
|
80 |
|
80 |
|
|
|
|
|
|
|
|
|
