K J Hire and Sales Limited - Limited company - abbreviated - 11.6

K J Hire and Sales Limited - Limited company - abbreviated - 11.6

K J HIRE AND SALES LIMITED - Company Information

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04983464 J H Williams A T Hughes W J Swain 1.4.14 31.3.15 31.3.15 Company accounts Private Limited Company FY true false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure049834642014-03-31049834642015-03-31049834642014-04-012015-03-31049834642013-03-31049834642013-04-012014-03-31049834642014-03-3104983464ns12:England2014-04-012015-03-3104983464ns14:PoundSterling2014-04-012015-03-3104983464ns7:Director12014-04-012015-03-3104983464ns7:Director22014-04-012015-03-3104983464ns7:Director32014-04-012015-03-3104983464ns7:RegisteredOffice2014-04-012015-03-3104983464ns7:EntityAccountantsOrAuditors2014-04-012015-03-3104983464ns5:PlantMachinery2014-04-012015-03-3104983464ns5:FixturesFittings2014-04-012015-03-31
REGISTERED NUMBER: 04983464 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2015

FOR

K J HIRE AND SALES LIMITED

K J HIRE AND SALES LIMITED (REGISTERED NUMBER: 04983464)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

K J HIRE AND SALES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2015







DIRECTORS: J H Williams
A T Hughes
W J Swain





REGISTERED OFFICE: 44 St Helens Road
Swansea
West Glamorgan
SA1 4BB





REGISTERED NUMBER: 04983464 (England and Wales)





ACCOUNTANTS: HR Harris & Partners (2010) Limited
Chartered Accountants
44 St Helens Road
Swansea
West Glamorgan
SA1 4BB
Page 1
K J HIRE AND SALES LIMITED (REGISTERED NUMBER: 04983464)

ABBREVIATED BALANCE SHEET
31ST MARCH 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 666,924 706,154
Tangible assets 3 1,938,784 1,555,583
2,605,708 2,261,737

CURRENT ASSETS
Debtors 338,810 282,045
Cash at bank and in hand 162,618 85,469
501,428 367,514
CREDITORS
Amounts falling due within one year 402,407 344,134
NET CURRENT ASSETS 99,021 23,380
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,704,729
2,285,117

CREDITORS
Amounts falling due after more than one
year
(1,969,336		 )
(1,911,688		 )

PROVISIONS FOR LIABILITIES (137,800 ) (47,341 )
NET ASSETS 597,593 326,088

CAPITAL AND RESERVES
Called up share capital 4 103 103
Profit and loss account 597,490 325,985
SHAREHOLDERS' FUNDS 597,593 326,088

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 notes form part of these abbreviated accounts

Page 2 continued...
K J HIRE AND SALES LIMITED (REGISTERED NUMBER: 04983464)

ABBREVIATED BALANCE SHEET - continued
31ST MARCH 2015


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 10th July 2015 and were signed on its
behalf by:




J H Williams - Director A T Hughes - Director




W J Swain - Director


The notes form part of these abbreviated accounts

Page 3
K J HIRE AND SALES LIMITED (REGISTERED NUMBER: 04983464)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2015

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 hire of machinery, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of twenty years.

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 - 10% on cost
Fixtures and fittings - 15% on cost

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis
over the period of the lease.

Going concern
Based on the results shown in these financial statements together with post year end trading and their
knowledge of the business, the directors are confident that the going concern principle may apply.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1st April 2014
and 31st March 2015 784,616
AMORTISATION
At 1st April 2014 78,462
Amortisation for year 39,230
At 31st March 2015 117,692
NET BOOK VALUE

At 31st March 2015 666,924
At 31st March 2014 706,154

Page 4 continued...
K J HIRE AND SALES LIMITED (REGISTERED NUMBER: 04983464)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31ST MARCH 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st April 2014 1,822,489
Additions 582,092
At 31st March 2015 2,404,581
DEPRECIATION
At 1st April 2014 266,906
Charge for year 198,891
At 31st March 2015 465,797
NET BOOK VALUE
At 31st March 2015 1,938,784
At 31st March 2014 1,555,583

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid: 2014 2013

1 Ordinary £1 Share 100 100
1 A Ordinary £1 Share 1 1
1 B Ordinary £1 Share 1 1
1 C Ordinary £1 Share 1 1
______ ______
103 103

Page 5