TMK Klinck Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: SC376264 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 31 August 2015

for

TMK Klinck Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M E Klinck

T Klinck

Mrs J E Klinck

Mrs T S Tengku Donald Tewfik

SECRETARY:

Mrs J E Klinck

REGISTERED OFFICE:

7 Sunnyside View

Kintore

Inverurie

Aberdeenshire

AB51 0SX

REGISTERED NUMBER:

SC376264 (Scotland)

ACCOUNTANTS:

Grampian Accounting

3 Prospect Place

Arnhall Business Park

Westhill

Aberdeenshire

AB32 6SY

FIXED ASSETS

Tangible assets

2

5,002

17,760

CURRENT ASSETS

Stocks

39,300

-

Debtors

21,842

10,412

Cash at bank

26,516

108,349

87,658

118,761

CREDITORS

Amounts falling due within one year

41,919

47,505

NET CURRENT ASSETS

45,739

71,256

TOTAL ASSETS LESS CURRENT LIABILITIES

50,741

89,016

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

50,731

89,006

SHAREHOLDERS' FUNDS

50,741

89,016

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 7 April 2016 and were signed on its behalf by:

M E Klinck - Director

T Klinck - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2014

111,831

Additions

3,555

At 31 August 2015

115,386

DEPRECIATION

At 1 September 2014

94,071

Charge for year

16,313

At 31 August 2015

110,384

NET BOOK VALUE

At 31 August 2015

5,002

At 31 August 2014

17,760

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.15

31.8.14

value:

£

£

6

Ordinary

£1

6

6

4

Ordinary A - I

£1

4

4

10

10