Abbreviated Company Accounts - KINTYRE COUNTRY HOMES LIMITED

KINTYRE COUNTRY HOMES LIMITED - Company Information

SC303621 KINTYRE COUNTRY HOMES LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true SC303621 2015-01-01 2015-12-31 SC303621 2015-12-31 SC303621 2014-12-31 SC303621 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 SC303621 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number SC303621

KINTYRE COUNTRY HOMES LIMITED

Abbreviated Accounts

31 December 2015

KINTYRE COUNTRY HOMES LIMITED Registered Number SC303621

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	5,573	6,367
		5,573	6,367
Current assets
Stocks		766,519	762,360
Debtors		6,093	10,697
		772,612	773,057
Creditors: amounts falling due within one year		(957,131)	(920,667)
Net current assets (liabilities)		(184,519)	(147,610)
Total assets less current liabilities		(178,946)	(141,243)
Provisions for liabilities		0	(1,273)
Total net assets (liabilities)		(178,946)	(142,516)
Capital and reserves
Called up share capital	3	4	4
Profit and loss account		(178,950)	(142,520)
Shareholders' funds		(178,946)	(142,516)

For the year ending 31 December 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 21 September 2016

And signed on their behalf by:
Duncan John Hunter, Director
Colin Ian Hunter, Director

KINTYRE COUNTRY HOMES LIMITED Registered Number SC303621

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

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, 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 comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

plant and machinery - 12.5% reducing balance.

Other accounting policies
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2Tangible fixed assets

	£
Cost
At 1 January 2015	18,827
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	18,827
Depreciation
At 1 January 2015	12,460
Charge for the year	794
On disposals	-
At 31 December 2015	13,254
Net book values
At 31 December 2015	5,573
At 31 December 2014	6,367

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

	2015 £	2014 £
4 Ordinary shares of £1 each	4	4