SR King Holdings Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09290907 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 31 October 2014 to 31 December 2015

for

SR KING HOLDINGS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr S R King

REGISTERED OFFICE:

Queens Head House

The Street

Acle

Norwich

NR13 3DY

REGISTERED NUMBER:

09290907 (England and Wales)

ACCOUNTANTS:

Hines Harvey Woods Ltd

Chartered Certified Accountants

Queens Head House

The Street

Acle

Norwich

NR13 3DY

FIXED ASSETS

Tangible assets

2

7,600

Investments

3

-

7,600

CURRENT ASSETS

Cash at bank

10,309

CREDITORS

Amounts falling due within one year

14,345

NET CURRENT LIABILITIES

(4,036

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,564

CAPITAL AND RESERVES

Called up share capital

4

1,000

Profit and loss account

2,564

SHAREHOLDERS' FUNDS

3,564

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

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

The director acknowledges his 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 director on 8 June 2016 and were signed by:

Mr S R King - 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).

Preparation of consolidated financial statements

The financial statements contain information about SR King Holdings Limited as an individual company and do

not contain consolidated financial information as the parent of a group. The company has taken the option under

Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Turnover

Turnover represents net invoiced sales of services, 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 reducing balance

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

Additions

9,600

At 31 December 2015

9,600

DEPRECIATION

Charge for period

2,000

At 31 December 2015

2,000

NET BOOK VALUE

At 31 December 2015

7,600

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 31 October 2014

100

Impairments

(100

)

At 31 December 2015

-

NET BOOK VALUE

At 31 December 2015

-

At 30 October 2014

100

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Antenna Supplies UK Ltd

Nature of business: Wholesale of electronic equipment

%

Class of shares:

holding

Ordinary

100.00

31.10.15

£

Aggregate capital and reserves

(10,105

)

Loss for the period

(11,144

)

Company ceased trading 30 September 2015.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1,000

Ordinary

1

1,000