Keith Mount (Liming) Limited - Limited company - abbreviated - 11.9
Keith Mount (Liming) Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended 30 June 2015 |
| for |
| Keith Mount (Liming) Limited |
| Keith Mount (Liming) Limited (Registered number: 02698194) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 30 June 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 | to | 3 |
| Notes to the Abbreviated Accounts | 4 | to | 6 |
| Keith Mount (Liming) Limited |
| Company Information |
| for the Year Ended 30 June 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| SOLICITORS: |
| Keith Mount (Liming) Limited (Registered number: 02698194) |
| Abbreviated Balance Sheet |
| 30 June 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| Investment property | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
5 |
( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Revaluation reserve | ( |
) |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| Keith Mount (Liming) Limited (Registered number: 02698194) |
| Abbreviated Balance Sheet - continued |
| 30 June 2015 |
| The financial statements were approved by the Board of Directors on by: |
| Keith Mount (Liming) Limited (Registered number: 02698194) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 30 June 2015 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention as modified by the |
| revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities |
| (effective April 2008). |
| Turnover |
| Turnover represents net sales of goods and services, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures, fittings and equipment | - |
| Motor vehicles | - |
| Freehold land is not depreciated. Freehold buildings are not depreciated on the grounds that the directors |
| consider that the long useful economic life and high residual value would result in any depreciation being |
| immaterial. |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes |
| in market value is transferred to a revaluation reserve. |
| Stocks |
| Stock is valued at the lower of cost and net realisable value. |
| Deferred tax |
| 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. |
| Leasing and hire purchase commitments |
| Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and |
| depreciated over their useful lives. Obligations under such agreements are included in creditors net of the |
| finance charge allocated to future periods. The finance element of the rental payment is charged to the profit |
| and loss account so as to produce constant periodic rates of charge on the net obligations outstanding in each |
| period. |
| Investments |
| Fixed asset investments are at the lower of cost and net realisable value. |
| Keith Mount (Liming) Limited (Registered number: 02698194) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 30 June 2015 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 July 2014 |
| Additions |
| Disposals | ( |
) |
| Transfer to investment property | ( |
) |
| At 30 June 2015 |
| DEPRECIATION |
| At 1 July 2014 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 30 June 2015 |
| NET BOOK VALUE |
| At 30 June 2015 |
| At 30 June 2014 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 July 2014 |
| and 30 June 2015 | 20 |
| NET BOOK VALUE |
| At 30 June 2015 |
| At 30 June 2014 |
| 4. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST OR VALUATION |
| Revaluations | ( |
) |
| Transfer from freehold property |
| At 30 June 2015 |
| NET BOOK VALUE |
| At 30 June 2015 |
| 5. | CREDITORS |
| Creditors include an amount of £ |
| Keith Mount (Liming) Limited (Registered number: 02698194) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 30 June 2015 |
| 5. | CREDITORS - continued |
| They also include the following debts falling due in more than five years: |
| 2015 | 2014 |
| £ | £ |
| Repayable by instalments | - | 17,943 |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £1 |
| Non voting | £1 |
| 200 | 200 |
| 7. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 30 June 2015 and |
| 30 June 2014: |
| 2015 | 2014 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year |
| No interest was charged by the company on these loans. |