Abbreviated Company Accounts - KARLSEN ASSOCIATES LIMITED

KARLSEN ASSOCIATES LIMITED - Company Information

07594367 KARLSEN ASSOCIATES LIMITED 2015-04-30 false 2014-05-01 2015-04-30 true 07594367 2014-05-01 2015-04-30 07594367 2015-04-30 07594367 2014-04-30 07594367 uk-gaap-cd-bus:Director1 2014-05-01 2015-04-30 07594367 uk-gaap-cd-bus:Director2 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 iso4217:GBP shares

Registered Number 07594367

KARLSEN ASSOCIATES LIMITED

Abbreviated Accounts

30 April 2015

KARLSEN ASSOCIATES LIMITED Registered Number 07594367

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	932	858
		932	858
Current assets
Debtors		-	4,944
Cash at bank and in hand		33,268	16,162
		33,268	21,106
Creditors: amounts falling due within one year		(11,657)	(13,833)
Net current assets (liabilities)		21,611	7,273
Total assets less current liabilities		22,543	8,131
Total net assets (liabilities)		22,543	8,131
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		22,443	8,031
Shareholders' funds		22,543	8,131

For the year ending 30 April 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 12 January 2016

And signed on their behalf by:
H P KARLSEN, Director

KARLSEN ASSOCIATES LIMITED Registered Number 07594367

Notes to the Abbreviated Accounts for the period ended 30 April 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.

2Tangible fixed assets

	£
Cost
At 1 May 2014	1,715
Additions	384
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2015	2,099
Depreciation
At 1 May 2014	857
Charge for the year	310
On disposals	-
At 30 April 2015	1,167
Net book values
At 30 April 2015	932
At 30 April 2014	858

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100