KENSAL_RISE_PLUMBERS_LTD - Accounts

KENSAL RISE PLUMBERS LTD - Company Information

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Company Registration No. 08710926 (England and Wales)

KENSAL RISE PLUMBERS LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

KENSAL RISE PLUMBERS LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

KENSAL RISE PLUMBERS LTD

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

723

588

Current assets

Debtors

10,762

1,094

Cash at bank and in hand

1,101

3,019

11,863

4,113

Creditors: amounts falling due within one year

(12,504)

(4,590)

Net current liabilities

(641)

(477)

Total assets less current liabilities

111

Capital and reserves

Called up share capital

Profit and loss account

110

Shareholders' funds

111

For the financial year ended 30 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 members have 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 his 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 30 June 2016

O Bettley

Director

Company Registration No. 08710926

KENSAL RISE PLUMBERS LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The accounts are prepared on the going concern basis which assumes the company will continue to trade. This assumption is dependent upon the continuing support of the director.

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

Turnover represents amounts receivable for goods and services ..

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

20% reducing balance

Fixed assets

Tangible assets

Cost

At 1 October 2014

735

Additions

315

At 30 September 2015

1,050

Depreciation

At 1 October 2014

147

Charge for the year

180

At 30 September 2015

327

Net book value

At 30 September 2015

723

At 30 September 2014

588

KENSAL RISE PLUMBERS LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

100 Ordinary of 1p each

Related party relationships and transactions

The following directors had interest free loans during the year. The movement on these loans are as follows:

Description

% Rate

Opening Balance

Amounts Advanced

Interest Charged

Amounts Repaid

Closing Balance

O Bettley - Loan

1,094

26,883

17,215

10,762

1,094

26,883

17,215

10,762