Abbreviated Company Accounts - KP STOVES LTD

Abbreviated Company Accounts - KP STOVES LTD

KP STOVES LTD - Company Information

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Registered Number 08218674

KP STOVES LTD

Abbreviated Accounts

30 September 2015

KP STOVES LTD Registered Number 08218674

Abbreviated Balance Sheet as at 30 September 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 648 1,297
648 1,297
Current assets
Stocks 1,250 -
Debtors 4,252 2,481
Cash at bank and in hand 1,609 4,451
7,111 6,932
Creditors: amounts falling due within one year (7,475) (7,874)
Net current assets (liabilities) (364) (942)
Total assets less current liabilities 284 355
Total net assets (liabilities) 284 355
Capital and reserves
Called up share capital 200 200
Profit and loss account 84 155
Shareholders' funds 284 355
  • For the year ending 30 September 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 3 June 2016

And signed on their behalf by:
Julia Vaughan, Director

KP STOVES LTD Registered Number 08218674

Notes to the Abbreviated Accounts for the period ended 30 September 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 the net sales value of goods excluding VAT made in the year

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write of each
asset over its estimated useful life as follows
Fixtures, Fittings and Equipment 25% on Cost
Motor Vehicles 25% on Cost

2Tangible fixed assets
£
Cost
At 1 October 2014 2,595
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2015 2,595
Depreciation
At 1 October 2014 1,298
Charge for the year 649
On disposals -
At 30 September 2015 1,947
Net book values
At 30 September 2015 648
At 30 September 2014 1,297