KIANORTH_LIMITED - Accounts

KIANORTH LIMITED - Company Information

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Company Registration No. 01919540 (England and Wales)

KIANORTH LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 SEPTEMBER 2015

KIANORTH LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

KIANORTH LIMITED

ABBREVIATED BALANCE SHEET

AS AT

29 SEPTEMBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Intangible assets

1,076

Current assets

Cash at bank and in hand

2,960

2,332

Creditors: amounts falling due within one year

(513)

(250)

Net current assets

2,447

2,082

Total assets less current liabilities

3,523

3,158

Capital and reserves

Called up share capital

1,000

Share premium account

Revaluation reserve

2,447

2,082

Shareholders' funds

3,523

3,158

For the financial year ended 29 September 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 23 June 2016

Miss S Watson

Director

Company Registration No. 01919540

KIANORTH LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 29 SEPTEMBER 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention modified to include the revaluation of freehold land and buildings and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

The turnover is represented by contributions from the company's shareholders to the building maintenance fund.

1.4

Freehold interest in land and building

The freehold interest in land and building is shown at cost. No amortisation is provided as the directors are of the opinion that there will be no permanent diminution in value in the foreseeable future.

1.5

Income and Expenditure

The company has no income or expenditure in its own right, all transactions in the year being related to the maintenance of the common parts. Service charges collected are held on trust for the purpose of meeting the relevant costs in relation to the property in accordance with the provisions of section 42 of the Landlord and Tenant Act 1987.

Fixed assets

Intangible assets

Cost or valuation

At 30 September 2014 & at 29 September 2015

1,076

At 29 September 2014

1,076

Share capital

2015

2014

Allotted, called up and fully paid

1,000 Ordinary shares of £1 each

1,000