K K Developers Limited - Abbreviated accounts

Registered number

07410657

K K Developers Limited

Abbreviated Accounts

31 October 2015

K K Developers Limited
Registered number:		07410657
Abbreviated Balance Sheet
as at 31 October 2015

Notes			2015			2014
£				£
Fixed assets
Tangible assets	2		754			942

Current assets
Debtors		42,657			92,932
Cash at bank and in hand		77,859			2,851
		120,516			95,783

Creditors: amounts falling due within one year		(78,944)			(54,577)

Net current assets			41,572			41,206

Net assets			42,326			42,148

Capital and reserves
Called up share capital	3		1			1
Profit and loss account			42,325			42,147

Shareholder's funds			42,326			42,148

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Y Michael
Director
Approved by the board on 19 July 2016

K K Developers Limited
Notes to the Abbreviated Accounts
for the year ended 31 October 2015

1	Accounting policies

	Basis of preparation
	The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.


	Motor vehicles			20% reducing balance

	Stocks
	Stock is valued at the lower of cost and net realisable value.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Tangible fixed assets					£

	Cost
	At 1 November 2014					2,300
	At 31 October 2015					2,300

	Depreciation
	At 1 November 2014					1,358
	Charge for the year					188
	At 31 October 2015					1,546

	Net book value
	At 31 October 2015					754
	At 31 October 2014					942


3	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		1		1		1