ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation

KINGSLAND RECEIVABLES LIMITED - Company Information

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08316583 2015-01-01 false true 2015-12-312015-12-31 08316583 2015-01-01 2015-12-31 08316583 2015-12-31 08316583 2014-12-31 08316583 d:OrdinaryShareClass1 2015-12-31 08316583 d:OrdinaryShareClass1 2014-12-31 08316583 d:OrdinaryShareClass1 2015-01-01 2015-12-31 08316583 d:Director1 2015-01-01 2015-12-31 xbrli:shares iso4217:GBP

Registered number: 08316583










KINGSLAND RECEIVABLES LIMITED








UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015
 
KINGSLAND RECEIVABLES LIMITED
 
 

  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF KINGSLAND RECEIVABLES LIMITED
FOR THE YEAR ENDED 31 DECEMBER 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kingsland Receivables Limited for the year ended 31 December 2015 which comprise the Balance sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
 

This report is made solely to the Board of Directors of Kingsland Receivables Limited, as a body, in accordance with the terms of our agreement. Our work has been undertaken solely to prepare for your approval the financial statements of Kingsland Receivables Limited and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kingsland Receivables Limited and its  Board of Directors, as a body, for our work or for this report.
 
 
It is your duty to ensure that Kingsland Receivables Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the company's assets, liabilities, financial position and loss. You consider that Kingsland Receivables Limited is exempt from the statutory audit requirement for the year.
 
 
We have not been instructed to carry out an audit or review of the financial statements of Kingsland Receivables Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.







Shipleys Tax Planning

19 September 2016
Page 1
 
KINGSLAND RECEIVABLES LIMITED
REGISTERED NUMBER: 08316583

ABBREVIATED BALANCE SHEET
AS AT 31 DECEMBER 2015

2015
2014
Note
£
£
£
£
 
Current assets





 
Debtors
100
100
 
Creditors: amounts falling due within one year
(6,802)
-
 
Net current (liabilities)/assets


(6,702)

100
 
Total assets less current liabilities
 (6,702)

 100
  
Capital and reserves

 
Called up share capital
2
100
100
 
Profit and loss account
(6,802)
-
 
Shareholders' (deficit)/funds
 

 (6,702)

 100


The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act. 

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The abbreviated accounts, which have been prepared in accordance with the provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 19 September 2016.







Rehan Ahmed
Director

The notes on page 3 form part of these financial statements.

Page 2
 
KINGSLAND RECEIVABLES LIMITED
 

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015

1.Accounting policies

1.1
Basis of preparation of financial statements

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with applicable accounting standards.


2.Share capital
        2015
        2014
        £

        £

Allotted, called up and fully paid



100 Ordinary share capital shares of £1 each
 100
 100


3.Related party transactions


During the year KL Business Solutions Ltd, a company which the directors Rehan Ahmed and Tauseef Ahmed have a 39% and 30% share in respectively, loaned the company £6,382. At the balance sheet date other creditors included £6,382 as amounts owed to KL Business Solutions Ltd.


Page 3