Abbreviated Company Accounts - 3KEYS LIMITED

Registered Number 06841492

3KEYS LIMITED

Abbreviated Accounts

30 April 2015

3KEYS LIMITED Registered Number 06841492

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	-	7,500
Tangible assets	3	12,843	15,109
		12,843	22,609
Current assets
Cash at bank and in hand		906	813
		906	813
Creditors: amounts falling due within one year		(14,742)	(27,185)
Net current assets (liabilities)		(13,836)	(26,372)
Total assets less current liabilities		(993)	(3,763)
Provisions for liabilities		(1,637)	(2,200)
Total net assets (liabilities)		(2,630)	(5,963)
Capital and reserves
Called up share capital		1	1
Profit and loss account		(2,631)	(5,964)
Shareholders' funds		(2,630)	(5,963)

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 29 January 2016

And signed on their behalf by:
L Gilligan, Director

3KEYS LIMITED Registered Number 06841492

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.

Turnover policy
Turnover represents net invoiced sales excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures & fittings - 15% on reducing balance

Intangible assets amortisation policy
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised over its estimated useful life of five years.

2Intangible fixed assets

	£
Cost
At 1 May 2014	37,500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2015	37,500
Amortisation
At 1 May 2014	30,000
Charge for the year	7,500
On disposals	-
At 30 April 2015	37,500
Net book values
At 30 April 2015	0
At 30 April 2014	7,500

3Tangible fixed assets

	£
Cost
At 1 May 2014	24,555
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2015	24,555
Depreciation
At 1 May 2014	9,446
Charge for the year	2,266
On disposals	-
At 30 April 2015	11,712
Net book values
At 30 April 2015	12,843
At 30 April 2014	15,109