IDC Kent Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 09242679 (England and Wales)

Abbreviated Accounts for the Period 1 October 2014 to 31 March 2016

for

IDC Kent Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D M Clarke

Mrs A M Clarke

REGISTERED OFFICE:

2nd Floor St Andrews House

Station Road East

Canterbury

Kent

CT1 2WD

REGISTERED NUMBER:

09242679 (England and Wales)

ACCOUNTANTS:

A.K & Co (Accountancy Services) Ltd

19 Victoria Terrace

Hove

East Sussex

BN3 2WB

CREDITORS

Amounts falling due within one year

43,125

NET CURRENT LIABILITIES

(43,125

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(43,125

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(43,225

)

SHAREHOLDERS' FUNDS

(43,125

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2016 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 13 June 2016 and were signed on its behalf by:

D M Clarke - 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).

The company's day to day capital is met through a loan account with the directors. The directors have given their

undertaking not to draw down on the loan to the detriment of the company and they therefore consider it

appropriate to prepare the financial statements on a going concern basis.

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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

15,869

Disposals

(15,869

)

At 31 March 2016

-

NET BOOK VALUE

At 31 March 2016

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

1

100

On incorporation 100 Ordinary Shares of £1 each were allotted and fully paid at par value.