Abbreviated Company Accounts - MARK KLESEL & CO LTD

Abbreviated Company Accounts - MARK KLESEL & CO LTD

MARK KLESEL & CO LTD - Company Information

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Registered Number 03900682

MARK KLESEL & CO LTD

Abbreviated Accounts

31 December 2013

MARK KLESEL & CO LTD Registered Number 03900682

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 - 20
- 20
Current assets
Debtors 14,379 4,865
Cash at bank and in hand 124,622 94,333
139,001 99,198
Creditors: amounts falling due within one year (68,601) (64,251)
Net current assets (liabilities) 70,400 34,947
Total assets less current liabilities 70,400 34,967
Total net assets (liabilities) 70,400 34,967
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 69,400 33,967
Shareholders' funds 70,400 34,967
  • For the year ending 31 December 2013 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 30 September 2014

And signed on their behalf by:
M A E Klesel, Director

MARK KLESEL & CO LTD Registered Number 03900682

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 shown in the profit and loss account represents amounts invoiced during the year, net of returns, trade discounts and valued added tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset over its useful economic life at the following rates:
Furniture, fixtures and fittings 25%

Other accounting policies
Pension costs
The company operates a defined contribution scheme. The amount charged to the profit and loss account in respect of pension costs is the contribution payable in the year.

2Tangible fixed assets
£
Cost
At 1 January 2013 7,955
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2013 7,955
Depreciation
At 1 January 2013 7,935
Charge for the year 20
On disposals -
At 31 December 2013 7,955
Net book values
At 31 December 2013 0
At 31 December 2012 20