KSN LIMITED Accounts filed on 31-03-2015
KSN LIMITED Accounts filed on 31-03-2015
KSN LIMITED
Company Registration Number:
03835292 (England and Wales)
Abbreviated (Unaudited) Accounts
Period of accounts
Start date: 01st April 2014
End date: 31st March 2015
SUBMITTED
KSN LIMITED
Company Information
for the Period Ended
31st March 2015
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| Devon | ||
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KSN LIMITED
Abbreviated Balance sheet
As at 31st March 2015
| Notes | 2015 £ |
2014 £ |
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| Fixed assets | |||
| Tangible assets: | 4 |
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| Total fixed assets: |
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| Current assets | |||
| Stocks: |
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| Debtors: | 5 |
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| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors | |||
| Creditors: amounts falling due within one year | 6 |
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Total net assets (liabilities): |
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The notes form part of these financial statements
KSN LIMITED
Abbreviated Balance sheet
As at 31st March 2015
continued
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2014 £ |
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| Capital and reserves | |||
| Called up share capital: | 7 |
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| Profit and Loss account: |
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| Total shareholders funds: |
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The financial statements were approved by the Board of Directors on
SIGNED ON BEHALF OF THE BOARD BY:
Name: Mr CAJ Mitchell
Status: Director
The notes form part of these financial statements
KSN LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
31st March 2015
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1. Accounting policies
Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective June 2008). Turnover policy
The turnover shown in the Profit & Loss Account represents amounts invoiced and cash transactions during the year excluding Value Added Tax. Tangible fixed assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, over the useful economic life of that asset as follows: Goodwill 10 Years Straight Lime Fixtures & Fittings 20% Reducing Balance Equipment 20% Reducing Balance Other accounting policies
Rentals applicable to operating leases where substantially all the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
KSN LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
31st March 2015
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4. Tangible assets
Total Cost £ At 01st April 2014: 82,653 Additions: 1,197 At 31st March 2015: 83,850 Depreciation At 01st April 2014: 67,767 Charge for year: 3,217 At 31st March 2015: 70,984 Net book value At 31st March 2015: 12,866 At 31st March 2014: 14,886
KSN LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
31st March 2015
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5. Debtors
2015
£2014
£Trade debtors: 18,297 24,485 Prepayments and accrued income: - 1,650 Total: 18,297 26,135
KSN LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
31st March 2015
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6. Creditors: amounts falling due within one year
2015
£2014
£Trade creditors: 10,182 19,413 Taxation and social security: 5,426 9,564 Other creditors: 44,753 11,063 Total: 60,361 40,040