Abbreviated Company Accounts - K.K. MOTORS (UK) LTD

K.K. MOTORS (UK) LTD - Company Information

06908835 K.K. MOTORS (UK) LTD 2015-05-31 false 2014-06-01 2015-05-31 true 06908835 2014-06-01 2015-05-31 06908835 2015-05-31 06908835 2014-05-31 06908835 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 06908835 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number 06908835

K.K. MOTORS (UK) LTD

Abbreviated Accounts

31 May 2015

K.K. MOTORS (UK) LTD Registered Number 06908835

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	2,864	3,580
		2,864	3,580
Current assets
Stocks		605	650
Cash at bank and in hand		1,442	4,175
		2,047	4,825
Creditors: amounts falling due within one year		(4,660)	(8,027)
Net current assets (liabilities)		(2,613)	(3,202)
Total assets less current liabilities		251	378
Total net assets (liabilities)		251	378
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		250	377
Shareholders' funds		251	378

For the year ending 31 May 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 25 February 2016

And signed on their behalf by:
K Demosthenous, Director

K.K. MOTORS (UK) LTD Registered Number 06908835

Notes to the Abbreviated Accounts for the period ended 31 May 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 the value, net of value added tax and discounts, of good provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write of the assets over their estimated useful lives.
Plant and machinery - 20% reducing balance

2Tangible fixed assets

	£
Cost
At 1 June 2014	8,740
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	8,740
Depreciation
At 1 June 2014	5,160
Charge for the year	716
On disposals	-
At 31 May 2015	5,876
Net book values
At 31 May 2015	2,864
At 31 May 2014	3,580

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

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