K J Restaurant Ltd - Abbreviated accounts

Registered number

05105292

K J Restaurant Ltd

Abbreviated Accounts

30 April 2015

K J Restaurant Ltd
Registered number:		05105292
Abbreviated Balance Sheet
as at 30 April 2015

Notes			2015			2014
£				£
Fixed assets
Tangible assets	2		4,580			5,529

Current assets
Stocks		3,640			3,510
Debtors		7,200			7,200
Cash at bank and in hand		67			-
		10,907			10,710

Creditors: amounts falling due within one year		(64,603)			(68,643)

Net current liabilities			(53,696)			(57,933)

Net liabilities			(49,116)			(52,404)

Capital and reserves
Called up share capital	3		1			1
Profit and loss account			(49,117)			(52,405)

Shareholder's funds			(49,116)			(52,404)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



W H Lee
Director
Approved by the board on 8 December 2015

K J Restaurant Ltd
Notes to the Abbreviated Accounts
for the year ended 30 April 2015

1	Accounting policies

	Basis of preparation
	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
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			20% reducing balance

	Stocks
	Stock is valued at the lower of cost and net realisable value.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Tangible fixed assets					£

	Cost
	At 1 May 2014					38,574
	At 30 April 2015					38,574

	Depreciation
	At 1 May 2014					33,045
	Charge for the year					949
	At 30 April 2015					33,994

	Net book value
	At 30 April 2015					4,580
	At 30 April 2014					5,529


3	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		1		1		1