Kelvin Mayall Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04093804 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2015

FOR

KELVIN MAYALL LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

K Mayall

Mrs L Mayall

SECRETARY:

K Mayall

REGISTERED OFFICE:

10 Ward Lane

Diggle

Oldham

Lancashire

OL3 5JT

REGISTERED NUMBER:

04093804 (England and Wales)

ACCOUNTANTS:

P B Syddall & Co

Chartered Accountants

Grafton House

81 Chorley Old Road

Bolton

Lancashire

BL1 3AJ

FIXED ASSETS

Tangible assets

2

1,610

1,894

CURRENT ASSETS

Debtors

14,716

4,838

Cash at bank

2,314

10,325

17,030

15,163

CREDITORS

Amounts falling due within one year

18,601

18,400

NET CURRENT LIABILITIES

(1,571

)

(3,237

)

TOTAL ASSETS LESS CURRENT LIABILITIES

39

(1,343

)

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

37

(1,345

)

SHAREHOLDERS' FUNDS

39

(1,343

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 31 May 2016 and were signed on its behalf by:

K Mayall - Director

Mrs L Mayall - 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 January 2015).

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.

Fixtures and fittings

-

15% 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

At 1 November 2014

and 31 October 2015

8,450

DEPRECIATION

At 1 November 2014

6,556

Charge for year

284

At 31 October 2015

6,840

NET BOOK VALUE

At 31 October 2015

1,610

At 31 October 2014

1,894

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.15

31.10.14

value:

£

£

2

Ordinary shares

£

2

2