Abbreviated Company Accounts - KENSINGTON POWER & ENERGY LIMITED

KENSINGTON POWER & ENERGY LIMITED - Company Information

05686837 KENSINGTON POWER & ENERGY LIMITED 2015-05-31 false 2014-06-01 2015-05-31 true 05686837 2014-06-01 2015-05-31 05686837 2015-05-31 05686837 2014-05-31 05686837 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 05686837 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 05686837

KENSINGTON POWER & ENERGY LIMITED

Abbreviated Accounts

31 May 2015

KENSINGTON POWER & ENERGY LIMITED Registered Number 05686837

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	310	414
		310	414
Current assets
Cash at bank and in hand		1,360	1,360
		1,360	1,360
Creditors: amounts falling due within one year		(46,182)	(45,618)
Net current assets (liabilities)		(44,822)	(44,258)
Total assets less current liabilities		(44,512)	(43,844)
Total net assets (liabilities)		(44,512)	(43,844)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(44,514)	(43,846)
Shareholders' funds		(44,512)	(43,844)

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:
Mrs S M Oakley, Director

KENSINGTON POWER & ENERGY LIMITED Registered Number 05686837

Notes to the Abbreviated Accounts for the period ended 31 May 2015

1Accounting Policies

Basis of measurement and preparation of accounts
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).
In our opinion, on the basis of information and enquiries that are pertinent to the company's
circumstances and which we believe to be adequate, it is appropriate to continue to treat the
company as a going concern. In particular we believe that adequate cash resources will be
available to cover the company's requirements for working capital for at least twelve months
from the date of signing the financial statements.

Tangible assets depreciation policy
Fixed assets
All fixed assets are initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value,
over the useful economic life of that asset as follows:
Fixtures & Fittings - 25% Reducing Balance
Computer Equipment - 33.33% Straight Line

2Tangible fixed assets

	£
Cost
At 1 June 2014	4,609
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	4,609
Depreciation
At 1 June 2014	4,195
Charge for the year	104
On disposals	-
At 31 May 2015	4,299
Net book values
At 31 May 2015	310
At 31 May 2014	414

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

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2