Ktl Construction Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 07953093 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

Ktl Construction Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

K Lawton

REGISTERED OFFICE:

23 Robin Hill Drive

Standish

Wigan

Lancashire

WN6 0QW

REGISTERED NUMBER:

07953093 (England and Wales)

ACCOUNTANTS:

HullJady

Chartered Accountants

41 Bridgeman Terrace

Wigan

United Kingdom

Lancashire

WN1 1TT

CURRENT ASSETS

Debtors

2,760

3,875

Cash at bank

4,793

2,002

7,553

5,877

CREDITORS

Amounts falling due within one year

7,250

5,520

NET CURRENT ASSETS

303

357

TOTAL ASSETS LESS CURRENT LIABILITIES

303

357

CAPITAL AND RESERVES

Called up share capital

2

100

100

Profit and loss account

203

257

SHAREHOLDERS' FUNDS

303

357

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 22 June 2016 and were signed by:

K Lawton - 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.

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.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

100

Ordinary

£1

100

100

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2016 and

31 March 2015:

31.3.16

31.3.15

£

£

K Lawton

Balance outstanding at start of year

3,785

2,232

Amounts advanced

42,301

43,673

Amounts repaid

(47,351

)

(42,120

)

Balance outstanding at end of year

(1,265

)

3,785

The company owed the director, Mr K Lawton, an amount of £1,265 at the end of the financial year.

(In 2015 -Mr K Lawton, the director owed the company an amount of £3785).