Abbreviated Company Accounts - KENDRICK ENTERPRISE UK LTD

KENDRICK ENTERPRISE UK LTD - Company Information

06702588 KENDRICK ENTERPRISE UK LTD 2016-03-31 false 2015-04-01 2016-03-31 true 06702588 2015-04-01 2016-03-31 06702588 2016-03-31 06702588 2015-03-31 06702588 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 06702588 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-03-31 iso4217:GBP shares

Registered Number 06702588

KENDRICK ENTERPRISE UK LTD

Abbreviated Accounts

31 March 2016

KENDRICK ENTERPRISE UK LTD Registered Number 06702588

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	43,725	27,388
Investments	3	708,899	203,312
		752,624	230,700
Current assets
Stocks		71,889	66,378
Debtors		21,736	18,671
Cash at bank and in hand		3,927	9,668
		97,552	94,717
Creditors: amounts falling due within one year		(770,758)	(235,483)
Net current assets (liabilities)		(673,206)	(140,766)
Total assets less current liabilities		79,418	89,934
Creditors: amounts falling due after more than one year		(40,032)	(43,607)
Total net assets (liabilities)		39,386	46,327
Capital and reserves
Called up share capital	4	102	102
Profit and loss account		39,284	46,225
Shareholders' funds		39,386	46,327

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 7 July 2016

And signed on their behalf by:
P Kendrick, Director

KENDRICK ENTERPRISE UK LTD Registered Number 06702588

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover is the total amount receivable by the company for goods supplied and services provided, excluding VAT and trade discounts.

Tangible assets depreciation policy
Depreciation is calculated to write down the cost less estimated residual value of all tangible fixed assets by the straight line method over their expected useful lives. The rates generally applicable are:
Commercial Vehicle, Plant & Office Equipment 25%

2Tangible fixed assets

	£
Cost
At 1 April 2015	46,335
Additions	35,013
Disposals	(8,500)
Revaluations	-
Transfers	-
At 31 March 2016	72,848
Depreciation
At 1 April 2015	18,947
Charge for the year	14,072
On disposals	(3,896)
At 31 March 2016	29,123
Net book values
At 31 March 2016	43,725
At 31 March 2015	27,388

3Fixed assets Investments
Investment Properties
Investment properties are included at cost or valuation and the aggregate surplus is dealt with in the balance sheet. Depreciation is not provided in respect of investment properties.

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 A Ordinary shares of £1 each	100	100
2 B Ordinary shares of £1 each	2	2