Dean Knight Partnership Limited - Period Ending 2015-05-31

Registration number: 05420583

Dean Knight Partnership Limited

and Unaudited Abbreviated Accounts

for the year ended 31 May 2015
 

HPH
Chartered Accountants
54 Bootham
York
York
YO30 7XZ

Dean Knight Partnership Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Dean Knight Partnership Limited
(Registration number: 05420583)
Abbreviated Balance Sheet - UNAUDITED - at 31 May 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets		2			9,200			11,815
Current assets
Debtors					17,295			20,107
Cash at bank and in hand					21,775			33,640
					39,070			53,747
Creditors: Amounts falling due within one year					(6,950)			(11,278)
Net current assets					32,120			42,469
Net assets					£41,320			£54,284
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					41,220			54,184
Shareholders' funds					£41,320			£54,284

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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Approved by the Board on 26 February 2016 and signed on its behalf by:

.........................................
K R Knight
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Dean Knight Partnership Limited
Notes to the Abbreviated Accounts - UNAUDITED - for the Year Ended 31 May 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Going concern

The company has cash resources and has no requirement for external funding. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. They continue to believe the going concern basis of accounting appropriate in preparing the annual financial statements.

Turnover

Turnover represents net invoiced consultancy services excluding value added tax.

Depreciation

Tangible fixed assets are stated at cost less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost less the estimated residual value of each asset over its expected useful life, as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% reducing balance
Motor vehicles	25% reducing balance

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 June 2014		53,835			53,835
At 31 May 2015		53,835			53,835
Depreciation
At 1 June 2014		42,020			42,020
Charge for the year		2,615			2,615
At 31 May 2015		44,635			44,635
Net book value
At 31 May 2015		£9,200			£9,200
At 31 May 2014		£11,815			£11,815

Page 2

Dean Knight Partnership Limited
Notes to the Abbreviated Accounts - UNAUDITED - for the Year Ended 31 May 2015
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2015		2014
	No.	£	No.	£
A ordinary of £1.00 each	40	40	40	40
B ordinary of £1.00 each	40	40	40	40
C ordinary of £1.00 each	10	10	10	10
D ordinary of £1.00 each	10	10	10	10
	100	£100	100	£100

Page 3