Paul Kinsella Mini Diggers Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05421267 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

Paul Kinsella Mini Diggers Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P.M. Kinsella

SECRETARY:

Ms A Keeley

REGISTERED OFFICE:

Williamston House

7 Goat Street

Haverfordwest

Pembrokeshire

SA61 1PX

REGISTERED NUMBER:

05421267 (England and Wales)

FIXED ASSETS

Intangible assets

2

-

2,000

Tangible assets

3

16,769

19,738

16,769

21,738

CURRENT ASSETS

Debtors

5,048

4,386

Cash at bank

94

94

5,142

4,480

CREDITORS

Amounts falling due within one year

21,232

19,105

NET CURRENT LIABILITIES

(16,090

)

(14,625

)

TOTAL ASSETS LESS CURRENT LIABILITIES

679

7,113

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

678

7,112

SHAREHOLDERS' FUNDS

679

7,113

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 26 October 2015 and were signed by:

P.M. Kinsella - 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 goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Plant and machinery

-

15% on cost

Motor vehicles

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

20,000

AMORTISATION

At 1 April 2014

18,000

Amortisation for year

2,000

At 31 March 2015

20,000

NET BOOK VALUE

At 31 March 2015

-

At 31 March 2014

2,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

54,556

DEPRECIATION

At 1 April 2014

34,818

Charge for year

2,969

At 31 March 2015

37,787

NET BOOK VALUE

At 31 March 2015

16,769

At 31 March 2014

19,738

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

1

"A" Ordinary

£1

1

1

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2015 and

31 March 2014:

31.3.15

31.3.14

£

£

P.M. Kinsella

Balance outstanding at start of year

(16,122

)

(16,968

)

Amounts advanced

6,179

8,898

Amounts repaid

(8,316

)

(8,052

)

Balance outstanding at end of year

(18,259

)

(16,122

)