Abbreviated Company Accounts - KB MOTOR ENGINEERS LIMITED

KB MOTOR ENGINEERS LIMITED - Company Information

03797367 KB MOTOR ENGINEERS LIMITED 2015-06-30 false 2014-07-01 2015-06-30 true 03797367 2014-07-01 2015-06-30 03797367 2015-06-30 03797367 2014-06-30 03797367 uk-gaap-cd-bus:Director1 2014-07-01 2015-06-30 03797367 uk-gaap-cd-bus:Director2 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 iso4217:GBP shares

Registered Number 03797367

KB MOTOR ENGINEERS LIMITED

Abbreviated Accounts

30 June 2015

KB MOTOR ENGINEERS LIMITED Registered Number 03797367

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	422	496
		422	496
Current assets
Debtors		2,500	2,500
Cash at bank and in hand		4,039	781
		6,539	3,281
Creditors: amounts falling due within one year		(16,741)	(20,172)
Net current assets (liabilities)		(10,202)	(16,891)
Total assets less current liabilities		(9,780)	(16,395)
Creditors: amounts falling due after more than one year		(1,122)	(2,483)
Total net assets (liabilities)		(10,902)	(18,878)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(11,002)	(18,978)
Shareholders' funds		(10,902)	(18,878)

For the year ending 30 June 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:
Mr. K Bennett, Director

KB MOTOR ENGINEERS LIMITED Registered Number 03797367

Notes to the Abbreviated Accounts for the period ended 30 June 2015

1Accounting Policies

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

Turnover policy
Turnover represent the total invoice value, excluding value added tax, of sales made during the year and derives form the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Plant & Machinery : 15% on reducing balance

Other accounting policies
Going concern : At the balance sheet date, company had net liabilities. The company is reliant on the support by the directors , Who has lent the company a loan.
On the basis that the director will continue to support the reporting entity for the foreseeable future, the director consider it appropriate to prepare the financial statements on going concern basis.
The financial statements do not include any adjustments that would result from a wihtdrawal of the support of the directors.

2Tangible fixed assets

	£
Cost
At 1 July 2014	17,874
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2015	17,874
Depreciation
At 1 July 2014	17,378
Charge for the year	74
On disposals	-
At 30 June 2015	17,452
Net book values
At 30 June 2015	422
At 30 June 2014	496

3Called Up Share Capital
Allotted, called up and fully paid:

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