Abbreviated Company Accounts - K & H ACCOUNTANTS LIMITED

K & H ACCOUNTANTS LIMITED - Company Information

05253631 K & H ACCOUNTANTS LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 05253631 2014-04-01 2015-03-31 05253631 2015-03-31 05253631 2014-03-31 05253631 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 05253631 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 05253631

K & H ACCOUNTANTS LIMITED

Abbreviated Accounts

31 March 2015

K & H ACCOUNTANTS LIMITED Registered Number 05253631

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets	2	130,000	140,000
Tangible assets	3	7,376	1,794
		137,376	141,794
Current assets
Debtors		44,321	62,762
Cash at bank and in hand		10,160	1,206
		54,481	63,968
Creditors: amounts falling due within one year		(115,593)	(107,872)
Net current assets (liabilities)		(61,112)	(43,904)
Total assets less current liabilities		76,264	97,890
Total net assets (liabilities)		76,264	97,890
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		76,164	97,790
Shareholders' funds		76,264	97,890

For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 1 December 2015

And signed on their behalf by:
A Hadad, Director

K & H ACCOUNTANTS LIMITED Registered Number 05253631

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

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

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

25% Reducing Balance

Intangible assets amortisation policy
Goodwill, being the amount paid in connection with the acquisition of the business in 2009, is being amortised evenly over its estimated useful life of twenty years.

2Intangible fixed assets

	£
Cost
At 1 April 2014	200,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	200,000
Amortisation
At 1 April 2014	60,000
Charge for the year	10,000
On disposals	-
At 31 March 2015	70,000
Net book values
At 31 March 2015	130,000
At 31 March 2014	140,000

3Tangible fixed assets

	£
Cost
At 1 April 2014	10,370
Additions	8,040
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	18,410
Depreciation
At 1 April 2014	8,576
Charge for the year	2,458
On disposals	-
At 31 March 2015	11,034
Net book values
At 31 March 2015	7,376
At 31 March 2014	1,794

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100