K R S Interiors Limited - Limited company - abbreviated

REGISTERED NUMBER: 06658766 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 July 2015

for

K R S Interiors Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr Keith Cruickshank

Mr Steven Pieri

REGISTERED OFFICE:

22 New Road

Chatham

Kent

ME4 4QR

REGISTERED NUMBER:

06658766 (England and Wales)

ACCOUNTANTS:

Harding & Co Limited

22 New Road

Chatham

Kent

ME4 4QR

FIXED ASSETS

Tangible assets

2

7,561

10,082

CURRENT ASSETS

Stocks

23,500

37,775

Debtors

172,787

402,046

Cash at bank and in hand

18,309

21

214,596

439,842

CREDITORS

Amounts falling due within one year

197,486

447,522

NET CURRENT ASSETS/(LIABILITIES)

17,110

(7,680

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

24,671

2,402

CAPITAL AND RESERVES

Called up share capital

3

4

Profit and loss account

24,667

2,398

SHAREHOLDERS' FUNDS

24,671

2,402

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 6 November 2015 and were
signed on its behalf by:

Mr Steven Pieri - Director

Mr Keith Cruickshank - 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.

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 etc

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable

overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2014

and 31 July 2015

31,495

DEPRECIATION

At 1 August 2014

21,413

Charge for year

2,521

At 31 July 2015

23,934

NET BOOK VALUE

At 31 July 2015

7,561

At 31 July 2014

10,082

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.15

31.7.14

value:

£

4

Ordinary

£1

4

K R S Interiors Limited - Limited company - abbreviated - 11.9

K R S Interiors Limited - Limited company - abbreviated - 11.9