KELVIN_BILLING_LIMITED - Accounts

KELVIN BILLING LIMITED - Company Information

Print Friendly Version

Company Registration No. 08571246 (England and Wales)

KELVIN BILLING LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2015

KELVIN BILLING LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

KELVIN BILLING LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 JUNE 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

607

544

Current assets

Debtors

601

1,776

Cash at bank and in hand

10,465

6,305

11,066

8,081

Creditors: amounts falling due within one year

(11,502)

(7,363)

Net current liabilities/(assets)

(436)

718

Total assets less current liabilities

171

1,262

Capital and reserves

Called up share capital

100

Profit and loss account

1,162

Shareholders' funds

171

1,262

For the financial year ended 30 June 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 2 March 2016

Mr Kelvin Billing

Director

Company Registration No. 08571246

KELVIN BILLING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

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

Fixtures, fittings & equipment

25% Reducing Balance

Fixed assets

Tangible assets

Cost

At 1 July 2014

725

Additions

265

At 30 June 2015

990

Depreciation

At 1 July 2014

181

Charge for the year

202

At 30 June 2015

383

Net book value

At 30 June 2015

607

At 30 June 2014

544

Share capital

2015

2014

Allotted, called up and fully paid

100 Ordinary of £1 each

100

KELVIN BILLING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2015

- 3 -

Ultimate parent company

The ultimate controlling party of the company is the director, Mr Kelvin Billing.