Abbreviated Company Accounts - KILBIRNIE LTD

QUAY RETREATS NEWQUAY LTD - Company Information

07621812 KILBIRNIE LTD 2015-07-31 false 2014-08-01 2015-07-31 true 07621812 2014-08-01 2015-07-31 07621812 2015-07-31 07621812 2014-07-31 07621812 uk-gaap-cd-bus:Director1 2014-08-01 2015-07-31 07621812 uk-gaap-cd-bus:Director2 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 iso4217:GBP shares

Registered Number 07621812

KILBIRNIE LTD

Abbreviated Accounts

31 July 2015

KILBIRNIE LTD Registered Number 07621812

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets	2	105,000	122,500
Tangible assets	3	62,940	72,579
Investments		-	-
		167,940	195,079
Current assets
Stocks		5,500	5,500
Debtors	4	20,439	15,551
Investments		-	-
Cash at bank and in hand		903,808	600,049
		929,747	621,100
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(203,428)	(177,691)
Net current assets (liabilities)		726,319	443,409
Total assets less current liabilities		894,259	638,488
Creditors: amounts falling due after more than one year		(167,987)	(178,686)
Total net assets (liabilities)		726,272	459,802
Capital and reserves
Called up share capital	5	100	100
Profit and loss account		726,172	459,702
Shareholders' funds		726,272	459,802

For the year ending 31 July 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 8 April 2016

And signed on their behalf by:
BJ Cobley, Director

KILBIRNIE LTD Registered Number 07621812

Notes to the Abbreviated Accounts for the period ended 31 July 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.

Turnover policy
Turnover represents amounts chargeable in respect of the sale of services to customers, excluding value added tax

Tangible assets depreciation policy
Depreciation is provided so as to write off the cost or valuation, less any estimated residual value, of tangible fixed assets over their expected useful economic life as follows.
Fixtures & Fittings 15% reducing balance

Intangible assets amortisation policy
Amortisation is provided so as to write off the cost or valuation, less any estimated residual value, of intangible fixed assets over their expected useful economic life as follows.
Goodwill 10% straight line

2Intangible fixed assets

	£
Cost
At 1 August 2014	175,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2015	175,000
Amortisation
At 1 August 2014	52,500
Charge for the year	17,500
On disposals	-
At 31 July 2015	70,000
Net book values
At 31 July 2015	105,000
At 31 July 2014	122,500

3Tangible fixed assets

	£
Cost
At 1 August 2014	116,315
Additions	1,468
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2015	117,783
Depreciation
At 1 August 2014	43,736
Charge for the year	11,107
On disposals	-
At 31 July 2015	54,843
Net book values
At 31 July 2015	62,940
At 31 July 2014	72,579

4Debtors

	2015 £	2014 £
Debtors include the following amounts due after more than one year	12,156	10,688

5Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100