Kindle House Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07227522 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

FOR

KINDLE HOUSE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs E Purvis

R A Purvis

SECRETARY:

REGISTERED OFFICE:

4 High Street

Pontardawe

Swansea

SA8 4HU

REGISTERED NUMBER:

07227522 (England and Wales)

ACCOUNTANTS:

Harvey, Peters & Co Limited

Min Yr Afon

4 High Street

Pontardawe

Swansea

SA8 4HU

FIXED ASSETS

Tangible assets

2

1,254

1,600

CURRENT ASSETS

Stocks

135,420

112,417

Debtors

3,584

11,396

Cash at bank

-

4,367

139,004

128,180

CREDITORS

Amounts falling due within one year

113,443

102,647

NET CURRENT ASSETS

25,561

25,533

TOTAL ASSETS LESS CURRENT
LIABILITIES

26,815

27,133

CREDITORS

Amounts falling due after more than one year

18,719

24,513

NET ASSETS

8,096

2,620

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

8,094

2,618

SHAREHOLDERS' FUNDS

8,096

2,620

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 29 June 2016 and were signed on its behalf by:

Mrs E Purvis - 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 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

3,955

Additions

74

At 30 September 2015

4,029

DEPRECIATION

At 1 October 2014

2,355

Charge for year

420

At 30 September 2015

2,775

NET BOOK VALUE

At 30 September 2015

1,254

At 30 September 2014

1,600

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

2

Ordinary

£1

2

4.	GOING CONCERN

The Directors Account will not be repaid in priority to trading creditors.