The Key Alliance Company Limited - Period Ending 2015-03-31

Registration number: 03315797

The Key Alliance Company Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2015
 

Herrington Accounting Services
6 Pankhurst Drive
Harmans Water
Bracknell
Berkshire
RG12 9PS

The Key Alliance Company Limited
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 3) have been prepared.

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
The Key Alliance Company Limited
for the Year Ended 31 March 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The Key Alliance Company Limited for the year ended 31 March 2015 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of The Key Alliance Company Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of The Key Alliance Company Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Key Alliance Company Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that The Key Alliance Company Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of The Key Alliance Company Limited. You consider that The Key Alliance Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of The Key Alliance Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Herrington Accounting Services
6 Pankhurst Drive
Harmans Water
Bracknell
Berkshire
RG12 9PS

30 November 2015

Page 1

The Key Alliance Company Limited
(Registration number: 03315797)
Abbreviated Balance Sheet at 31 March 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					2,866			3,493
Current assets
Debtors					52			13,004
Cash at bank and in hand					4,370			1
					4,422			13,005
Creditors: Amounts falling due within one year					(30,155)			(26,380)
Net current liabilities					(25,733)			(13,375)
Net liabilities					(22,867)			(9,882)
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					(22,967)			(9,982)
Shareholders' deficit					(22,867)			(9,882)

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 director acknowledges his 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 director on 30 November 2015

.........................................
Mr G Blakemore
Director

The notes on page 3 form an integral part of these financial statements.
Page 2

The Key Alliance Company Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of consulting services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office Equipment	25% reducing balance

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2014		43,579			43,579
Additions		329			329
At 31 March 2015		43,908			43,908
Depreciation
At 1 April 2014		40,086			40,086
Charge for the year		956			956
At 31 March 2015		41,042			41,042
Net book value
At 31 March 2015		2,866			2,866
At 31 March 2014		3,493			3,493

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary of £1 each		100			100			100			100

Page 3