Kudos Agents Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07406252 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 APRIL 2013 TO 31 OCTOBER 2013

FOR

KUDOS AGENTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs J M Jones

A Bhimji

REGISTERED OFFICE:

30 New Road

Henfield

West Sussex

BN1 1BN

REGISTERED NUMBER:

07406252 (England and Wales)

ACCOUNTANTS:

Hilton Sharp & Clarke

30 New Road

Brighton

East Sussex

BN1 1BN

FIXED ASSETS

Intangible assets

2

3,761

7,423

Tangible assets

3

-

2,442

3,761

9,865

CURRENT ASSETS

Debtors

21,041

17,677

Cash at bank

-

2,366

21,041

20,043

CREDITORS

Amounts falling due within one year

12,332

23,802

NET CURRENT ASSETS/(LIABILITIES)

8,709

(3,759

)

TOTAL ASSETS LESS CURRENT LIABILITIES

12,470

6,106

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

12,370

6,006

SHAREHOLDERS' FUNDS

12,470

6,106

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2013.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2013 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 1 September 2014 and were signed on its behalf by:

Mrs J M Jones - 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 2011, is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 October 2013

18,833

AMORTISATION

At 1 April 2013

11,410

Amortisation for period

3,662

At 31 October 2013

15,072

NET BOOK VALUE

At 31 October 2013

3,761

At 31 March 2013

7,423

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

3,816

Disposals

(3,816

)

At 31 October 2013

-

DEPRECIATION

At 1 April 2013

1,374

Charge for period

445

Eliminated on disposal

(1,819

)

At 31 October 2013

-

NET BOOK VALUE

At 31 October 2013

-

At 31 March 2013

2,442

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2013

value:

£

£

95

Ordinary A

1

95

95

5

Ordinary B

1

5

5

100

100