Abbreviated Company Accounts - KINGSLAND ROAD PROPERTIES LIMITED

Abbreviated Company Accounts - KINGSLAND ROAD PROPERTIES LIMITED


Registered Number 08139416

KINGSLAND ROAD PROPERTIES LIMITED

Abbreviated Accounts

30 September 2015

KINGSLAND ROAD PROPERTIES LIMITED Registered Number 08139416

Abbreviated Balance Sheet as at 30 September 2015

Notes 2015 2014
£ £
Current assets
Stocks 1,347,492 56,500
Cash at bank and in hand 23,470 360
1,370,962 56,860
Creditors: amounts falling due within one year (720,862) (56,760)
Net current assets (liabilities) 650,100 100
Total assets less current liabilities 650,100 100
Creditors: amounts falling due after more than one year (650,000) -
Total net assets (liabilities) 100 100
Capital and reserves
Called up share capital 2 100 100
Shareholders' funds 100 100
  • For the year ending 30 September 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 31 March 2016

And signed on their behalf by:
V Goldstein, Director

KINGSLAND ROAD PROPERTIES LIMITED Registered Number 08139416

Notes to the Abbreviated Accounts for the period ended 30 September 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

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

Other accounting policies
Stock and work in progress
Work in progress is valued at the lower of cost and net realisable value.

Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Joint Ventures
Amounts due to joint venture partners in respect of profits or receivable from joint venture partners in respect of losses are accounted for in the accounting period in which the corresponding profit or losses arise.

2Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
100 Ordinary shares of £1 each 100 100