Abbreviated Company Accounts - KAZITULA LIMITED

04812053 KAZITULA LIMITED 2015-10-31 false 2014-11-01 2015-10-31 true 04812053 2014-11-01 2015-10-31 04812053 2015-10-31 04812053 2014-10-31 04812053 uk-gaap-cd-bus:Director1 2014-11-01 2015-10-31 04812053 uk-gaap-cd-bus:Director2 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 iso4217:GBP shares

Registered Number 04812053

KAZITULA LIMITED

Abbreviated Accounts

31 October 2015

KAZITULA LIMITED Registered Number 04812053

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	32,971	36,890
		32,971	36,890
Current assets
Stocks		3,000	3,000
Cash at bank and in hand		8,308	488
		11,308	3,488
Creditors: amounts falling due within one year		(44,019)	(40,195)
Net current assets (liabilities)		(32,711)	(36,707)
Total assets less current liabilities		260	183
Total net assets (liabilities)		260	183
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		160	83
Shareholders' funds		260	183

For the year ending 31 October 2015 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 26 July 2016

And signed on their behalf by:
S UDDIN, Director

KAZITULA LIMITED Registered Number 04812053

Notes to the Abbreviated Accounts for the period ended 31 October 2015

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents the net invoiced value of sales and services provided, excluding Value Added Tax and is attributable to the one principal activity of the Company wholly carried out in the United Kingdom.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Equipment - 15% on reducing balance
Furniture and fittings - 15% on reducing balance
Soft furnishings - 15% on reducing balance
Office equipment - 15% on reducing balance

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value.

Transaction with directors
A lease was signed by the Company with its Director for the use of his premises at 42 Goring Road, Goring by Sea, West Sussex BN12 4AD at an annual rental of £20,000 based upon the open market value. The rental paid during the year has been shown in the Profit and Loss Account.

2Tangible fixed assets

	£
Cost
At 1 November 2014	97,577
Additions	1,900
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2015	99,477
Depreciation
At 1 November 2014	60,687
Charge for the year	5,819
On disposals	-
At 31 October 2015	66,506
Net book values
At 31 October 2015	32,971
At 31 October 2014	36,890

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100