Abbreviated Company Accounts - KINGSWOOD DESIGN AND INTERIORS LTD

Abbreviated Company Accounts - KINGSWOOD DESIGN AND INTERIORS LTD

KINGSWOOD DESIGN AND INTERIORS LTD - Company Information

Print Friendly Version

Registered Number 07654966

KINGSWOOD DESIGN AND INTERIORS LTD

Abbreviated Accounts

30 June 2015

KINGSWOOD DESIGN AND INTERIORS LTD Registered Number 07654966

Abbreviated Balance Sheet as at 30 June 2015

Notes 2015 2014
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets - -
Tangible assets 2 6,420 281
Investments - -
6,420 281
Current assets
Stocks - -
Debtors 12,874 11,843
Investments - -
Cash at bank and in hand 18,472 3,472
31,346 15,315
Prepayments and accrued income - -
Creditors: amounts falling due within one year (15,742) (14,784)
Net current assets (liabilities) 15,604 531
Total assets less current liabilities 22,024 812
Creditors: amounts falling due after more than one year 0 0
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) 22,024 812
Capital and reserves
Called up share capital 4 4
Share premium account 0 0
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account 22,020 808
Shareholders' funds 22,024 812
  • For the year ending 30 June 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:
Mr P Hines, Director

KINGSWOOD DESIGN AND INTERIORS LTD Registered Number 07654966

Notes to the Abbreviated Accounts for the period ended 30 June 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.

2Tangible fixed assets
£
Cost
At 1 July 2014 1,691
Additions 7,820
Disposals 0
Revaluations 0
Transfers 0
At 30 June 2015 9,511
Depreciation
At 1 July 2014 1,410
Charge for the year 1,681
On disposals 0
At 30 June 2015 3,091
Net book values
At 30 June 2015 6,420
At 30 June 2014 281

Depreciation is provided for on all fixed tangible Assets at rates calculated to write off the full cost or valuation less estimated residual value of each asset over its estimated useful life. The principal rates in use are:
Plant & Machinery - 33% straight line