Kent Telephones Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 04186861 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

KENT TELEPHONES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

5

DIRECTOR:

Mrs M D Musselbrook

SECRETARY:

Mrs M D Musselbrook

REGISTERED OFFICE:

351 Northdown Road

Margate

Kent

CT9 3PB

REGISTERED NUMBER:

04186861 (England and Wales)

ACCOUNTANTS:

J Michael & Co Ltd

Chartered Accountants

274 Northdown Road

Margate

Kent

CT9 2PT

FIXED ASSETS

Tangible assets

2

205,316

221,672

CURRENT ASSETS

Stocks

-

9,736

Debtors

636

37,627

Cash at bank

1,857

9,634

2,493

56,997

CREDITORS

Amounts falling due within one year

77,698

133,507

NET CURRENT LIABILITIES

(75,205

)

(76,510

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

130,111

145,162

CREDITORS

Amounts falling due after more than one
year

40,022

54,901

NET ASSETS

90,089

90,261

CAPITAL AND RESERVES

Called up share capital

3

Profit and loss account

90,086

90,258

SHAREHOLDERS' FUNDS

90,089

90,261

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 her 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 4 July 2016 and were signed by:

Mrs M D Musselbrook - 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.

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

249,717

Disposals

(44,401

)

At 31 March 2016

205,316

DEPRECIATION

At 1 April 2015

28,045

Eliminated on disposal

(28,045

)

At 31 March 2016

-

NET BOOK VALUE

At 31 March 2016

205,316

At 31 March 2015

221,672

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

3

Ordinary shares

£1

3

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Kent Telephones Ltd for the year ended 31 March 2016 which comprise the Profit and Loss

Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Kent Telephones Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Kent Telephones Ltd and state those matters that we have agreed to state to the director of Kent Telephones Ltd in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Kent Telephones Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Kent Telephones Ltd. You consider that Kent Telephones Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Kent Telephones Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

J Michael & Co Ltd

Chartered Accountants

274 Northdown Road

Margate

Kent

CT9 2PT

4 July 2016