K_A_TESTING_FACILITY_LTD - Accounts

KA TESTING FACILITY LIMITED - Company Information

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Company Registration No. 02555564 (England and Wales)

K A TESTING FACILITY LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2015

K A TESTING FACILITY LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

K A TESTING FACILITY LTD

ABBREVIATED BALANCE SHEET

AS AT

31 OCTOBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

106,187

94,795

Investments

106,188

94,796

Current assets

Debtors

391,483

474,420

Cash at bank and in hand

5,206

25,026

396,689

499,446

Creditors: amounts falling due within one year

(440,980)

(476,464)

Net current liabilities/(assets)

(44,291)

22,982

Total assets less current liabilities

61,897

117,778

Provisions for liabilities

(17,112)

(13,218)

44,785

104,560

Capital and reserves

Called up share capital

Profit and loss account

44,783

104,558

Shareholders' funds

44,785

104,560

For the financial year ended 31 October 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 3 March 2016

Mr R Swann

Director

Company Registration No. 02555564

K A TESTING FACILITY LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 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:

Plant and machinery

20 - 25% straight line

Fixtures, fittings & equipment

20% - 25% straight line

1.5

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

1.6

Foreign currency translation

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

1.7

Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

K A TESTING FACILITY LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2015

- 3 -

Fixed assets

Tangible assets

Investments

Total

Cost

At 1 November 2014

255,546

255,547

Additions

46,501

At 31 October 2015

302,047

302,048

Depreciation

At 1 November 2014

160,751

Charge for the year

35,109

At 31 October 2015

195,860

Net book value

At 31 October 2015

106,187

106,188

At 31 October 2014

94,795

94,796

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Subsidiary undertakings

ASTA Certification Services Limited

Great Britain

Ordinary

100.00

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

2015

Principal activity

ASTA Certification Services Limited

Dormant

Share capital

2015

2014

Allotted, called up and fully paid

2 ordinary shares of £1 each