Kerry Clean Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07138803 (England and Wales)

Abbreviated Accounts

for the Year Ended 27 July 2015

for

Kerry Clean Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

N M O'Connor

P J O'Connor

REGISTERED OFFICE:

Chancery House

30 St Johns Road

Woking

Surrey

GU21 7SA

REGISTERED NUMBER:

07138803 (England and Wales)

ACCOUNTANTS:

Barnbrook Sinclair

Chartered Accountants

Chancery House

30 St Johns Road

Woking

Surrey

GU21 7SA

FIXED ASSETS

Intangible assets

2

-

2,000

Tangible assets

3

23,477

35,942

23,477

37,942

CURRENT ASSETS

Debtors

51,878

49,017

Cash at bank

259,204

201,888

311,082

250,905

CREDITORS

Amounts falling due within one year

(83,247

)

(75,968

)

NET CURRENT ASSETS

227,835

174,937

TOTAL ASSETS LESS CURRENT LIABILITIES

251,312

212,879

CREDITORS

Amounts falling due after more than one year

(3,284

)

(10,040

)

NET ASSETS

248,028

202,839

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

248,026

202,837

SHAREHOLDERS' FUNDS

248,028

202,839

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27 July 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 27 July 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 14 October 2015 and were signed on its behalf by:

N M O'Connor - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 28 July 2014

and 27 July 2015

10,000

AMORTISATION

At 28 July 2014

8,000

Amortisation for year

2,000

At 27 July 2015

10,000

NET BOOK VALUE

At 27 July 2015

-

At 27 July 2014

2,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 28 July 2014

71,043

Disposals

(10,995

)

At 27 July 2015

60,048

DEPRECIATION

At 28 July 2014

35,101

Charge for year

7,826

Eliminated on disposal

(6,356

)

At 27 July 2015

36,571

NET BOOK VALUE

At 27 July 2015

23,477

At 27 July 2014

35,942

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

27/7/15

27/7/14

value:

£

£

2

Ordinary

£1

2

2