Accounts filed on 30-06-2015

Accounts filed on 30-06-2015

K- MAX LTD - Company Information

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2014-07-012015-06-3003073888falsetruehttp://www.companieshouse.gov.uk/pt:LandBuildingspt:LongLeaseholdProperties2015-06-30http://www.companieshouse.gov.uk/pt:PlantMachinery2014-06-30http://www.companieshouse.gov.uk/cd:Director12014-07-012015-06-30http://www.companieshouse.gov.uk/pt:PlantMachinery2015-06-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2014-06-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2015-06-30http://www.companieshouse.gov.uk/pt:LandBuildingspt:LongLeaseholdProperties2014-07-012015-06-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2014-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-07-012015-06-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2015-06-30http://www.companieshouse.gov.uk/pt:PlantMachinery2014-07-012015-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-06-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2014-07-012015-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-06-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2014-07-012015-06-30http://www.companieshouse.gov.uk/2013-07-012014-06-30http://www.companieshouse.gov.uk/2014-07-012015-06-30http://www.companieshouse.gov.uk/2014-06-30http://www.companieshouse.gov.uk/2015-06-30http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2014-07-012015-06-30http://www.companieshouse.gov.uk/pt:LandBuildingspt:LongLeaseholdProperties2014-06-30http://www.companieshouse.gov.uk/2014-06-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03073888
K-Max Ltd
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30/06/2015
Prepared By:
Verulam Business Services Ltd
16 Chequer Street
St Albans
Herts
AL1 3YD

K-Max Ltd
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30/06/2015
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 03073888

K-Max Ltd
Registered Number: 03073888
BALANCE SHEET AT 30/06/2015
20152014
Notes££
FIXED ASSETS
Tangible assets213,30115,406
CURRENT ASSETS
Stock1,8002,500
Debtors (amounts falling due within one year)35,85012,490
Cash at bank and in hand11,57912,750
19,22927,740
CREDITORS: Amounts falling due within one year80,86888,556
NET CURRENT LIABILITIES(61,639)(60,816)
TOTAL ASSETS LESS CURRENT LIABILITIES(48,338)(45,410)
CAPITAL AND RESERVES
Called up share capital4100100
Profit and loss account(48,438)(45,510)
SHAREHOLDERS' FUNDS(48,338)(45,410)
For the year ending 30/06/2015 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 15/03/2016 and signed on their behalf by
Robert Irvine
Director

K-Max Ltd
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2015
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 15%
Commercial Vehiclesreducing balance 25%
Equipmentstraight line 50%
1d. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.
1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

K-Max Ltd
2. TANGIBLE FIXED ASSETS
Long LeaseholdPlant andCommercial
PropertiesMachineryVehiclesEquipmentTotal
£££££
Cost
At 01/07/20141,12337,3146,3504,00748,794
Additions---148148
At 30/06/20151,12337,3146,3504,15548,942
Depreciation
At 01/07/2014-23,3965,9854,00733,388
For the year-2,08891742,253
At 30/06/2015-25,4846,0764,08135,641
Net Book Amounts
At 30/06/20151,12311,8302747413,301
At 30/06/20141,12313,918365-15,406
3. DEBTORS 20152014
££
Amounts falling due within one year:
Trade debtors3,86110,501
Other debtors1,9891,989
5,85012,490
4. SHARE CAPITAL 20152014
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100