Abbreviated Company Accounts - KENTGREEN LTD

Registered Number 05256555

KENTGREEN LTD

Abbreviated Accounts

31 March 2015

KENTGREEN LTD Registered Number 05256555

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1,842,348	1,469,637
		1,842,348	1,469,637
Current assets
Debtors		290,913	261,231
Cash at bank and in hand		48,551	70
		339,464	261,301
Creditors: amounts falling due within one year	3	(10,998)	(10,659)
Net current assets (liabilities)		328,466	250,642
Total assets less current liabilities		2,170,814	1,720,279
Creditors: amounts falling due after more than one year	3	(1,748,360)	(1,748,360)
Total net assets (liabilities)		422,454	(28,081)
Capital and reserves
Called up share capital		1	1
Other reserves		461,171	0
Profit and loss account		(38,718)	(28,082)
Shareholders' funds		422,454	(28,081)

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 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 28 December 2015

And signed on their behalf by:
CW Heeley, Director

KENTGREEN LTD Registered Number 05256555

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

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

Turnover policy
Turnover is made up of all rental income and service charges due in the period under the terms of the
leases or tenancy agreements

Tangible assets depreciation policy
Tangible fixed assets and depreciation
Depreciation is provided at rates calculated to write off the cost or valuation less residual value of each
asset over its expected useful life, as follows:
Land and buildings is not depreciated
Fixtures, fittings and equipment - 25% Straight Line

Investment Property
Investment property is not depreciated and is included at valuation. Any increase or decrease in
revaluation is credited or charged to investment property revaluation reserve. Where there are
insufficient reserves within the investment property revaluation to cover my any charge for diminution
value on revaluation, the excess is charged to profit and loss account.
This policy, although in accordance with Financial Reporting Standard for Smaller Entities, as
applicable to small companies, is contrary to company law and as such a departure from company law.
The effect is noted in the financial statements.

Valuation information and policy
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, with the following exceptions:
Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than
not that there will be suitable taxable profits from which the future reversal of the underlying timing
differences can be deducted.
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

2Tangible fixed assets

	£
Cost
At 1 April 2014	1,520,068
Additions	-
Disposals	(70,841)
Revaluations	461,171
Transfers	-
At 31 March 2015	1,910,398
Depreciation
At 1 April 2014	50,431
Charge for the year	17,725
On disposals	(106)
At 31 March 2015	68,050
Net book values
At 31 March 2015	1,842,348
At 31 March 2014	1,469,637

3Creditors

	2015 £	2014 £
Secured Debts	1,748,360	1,748,360