Kardan Travel Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04923645 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2015

for

Kardan Travel Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr R L Hodgson

Mrs L A Hodgson

SECRETARY:

Mr R L Hodgson

REGISTERED OFFICE:

16c Sandown Road

Lake

Isle of Wight

PO36 9JP

REGISTERED NUMBER:

04923645 (England and Wales)

ACCOUNTANTS:

Allegri & Co.

16c Sandown Road

Lake

Isle of Wight

PO36 9JP

BANKERS:

Barclays Bank plc

PO Box 29

Newport

Isle of Wight

PO30 1XU

FIXED ASSETS

Tangible assets

2

303,402

410,737

CURRENT ASSETS

Debtors

31,172

32,157

Cash at bank and in hand

91,132

85,221

122,304

117,378

CREDITORS

Amounts falling due within one year

330,996

409,422

NET CURRENT LIABILITIES

(208,692

)

(292,044

)

TOTAL ASSETS LESS CURRENT LIABILITIES

94,710

118,693

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

94,708

118,691

SHAREHOLDERS' FUNDS

94,710

118,693

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2015 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 16 February 2016 and were signed on its behalf by:

Mr R L Hodgson - Director

1.	ACCOUNTING POLICIES

Accounting convention

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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the

lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are

charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

1,072,966

Additions

1,343

Disposals

(105,000

)

At 31 October 2015

969,309

DEPRECIATION

At 1 November 2014

662,229

Charge for year

100,794

Eliminated on disposal

(97,116

)

At 31 October 2015

665,907

NET BOOK VALUE

At 31 October 2015

303,402

At 31 October 2014

410,737

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.15

31.10.14

value:

£

£

1

Ordinary A

£1

1

1

1

Ordinary B

£1

1

1

2

2