Abbreviated Company Accounts - KWZL LTD.


Registered Number 08339223

KWZL LTD.

Abbreviated Accounts

31 December 2013

KWZL LTD. Registered Number 08339223

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013
£
Called up share capital not paid 1,000
Current assets
Cash at bank and in hand 80
80
Creditors: amounts falling due within one year (165)
Net current assets (liabilities) (85)
Total assets less current liabilities 915
Total net assets (liabilities) 915
Capital and reserves
Called up share capital 2 1,000
Profit and loss account (85)
Shareholders' funds 915
  • For the year ending 31 December 2013 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 18 September 2014

And signed on their behalf by:
S Leduc, Director

KWZL LTD. Registered Number 08339223

Notes to the Abbreviated Accounts for the period ended 31 December 2013

1Accounting Policies

Basis of measurement and preparation of accounts
Basis of Accounting
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).

Other accounting policies
Deferred Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

2Called Up Share Capital
Allotted, called up and fully paid:
2013
£
1,000 Ordinary shares of £1 each 1,000

On 21st December 2012, the date of incorporation, the company issued 1,000 £1 Ordinary shares at par.

3Transactions with directors

Name of director receiving advance or credit: S Leduc
Description of the transaction: Director's loan account
Balance at 21 December 2012: -
Advances or credits made: £ 165
Advances or credits repaid: -
Balance at 31 December 2013: £ 165

During the period, the director S Leduc provided the company with an interest free loan. The balance outstanding at the balance sheet date was £165. The loan has no formal repayment terms.