Homes in Kent Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05958444 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2015

FOR

HOMES IN KENT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

L Holland

REGISTERED OFFICE:

Medway Innovation Centre

Maidstone Road

Chatham

Kent

ME5 9FD

REGISTERED NUMBER:

05958444 (England and Wales)

ACCOUNTANTS:

Ackland Webb Ltd

Chartered Certified Accountants

49 Canterbury Innovation Centre

University Road

Canterbury

Kent

CT2 7FG

CURRENT ASSETS

Debtors

765

5,709

Cash in hand

250

1,015

5,959

CREDITORS

Amounts falling due within one year

112,074

147,391

NET CURRENT LIABILITIES

(111,059

)

(141,432

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(111,059

)

(141,432

)

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

(111,159

)

(141,532

)

SHAREHOLDERS' FUNDS

(111,059

)

(141,432

)

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 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 30 June 2016 and were signed by:

L Holland - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

At the Balance Sheet date, the company had ceased to trade and its liabilities exceeded its assets. The

accounts have not been prepared on the going concern basis and adjustments have been made to reflect assets

and liabilities at their respective realisable values.

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 revenue earned from the provision of residential lettings management and estate agency

services. Revenue is recognised as earned when, and to the extent that, the company obtains the right to

consideration, which represents amounts chargeable to clients. including recoverable expenses and

disbursements, but excluding Value Added Tax. For incomplete contracts, an assessment is made of the extent

to which revenue is included in debtors, under 'amounts recoverable on contracts'.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Client monies

The company holds tenants' money in the form of deposits paid in accordance with residential leases. The

liability to clients is disclosed within trade creditors.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

100

Ordinary

£1

100