Kingston Shaw Residential Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07673530 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2015

for

Kingston Shaw Residential Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Miss K J Kingston

REGISTERED OFFICE:

3 The Workshops

Marcus Street

Birkenhead

Wirral

CH41 1EU

REGISTERED NUMBER:

07673530 (England and Wales)

ACCOUNTANTS:

Jonathan Ford & Co Limited

Chartered Accountants

Maxwell House

Liverpool Innovation Park

Liverpool

Merseyside

L7 9NJ

FIXED ASSETS

Tangible assets

2

275

552

CURRENT ASSETS

Debtors

156,632

95,538

Cash at bank and in hand

15,016

67,880

171,648

163,418

CREDITORS

Amounts falling due within one year

72,910

130,889

NET CURRENT ASSETS

98,738

32,529

TOTAL ASSETS LESS CURRENT
LIABILITIES

99,013

33,081

CAPITAL AND RESERVES

Called up share capital

3

10

Profit and loss account

99,003

33,071

SHAREHOLDERS' FUNDS

99,013

33,081

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the
company as at the end of each financial year and of its profit or loss for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with
the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 19 September 2016 and were signed by:

Miss K J Kingston - Director

1.	ACCOUNTING POLICIES

Accounting convention

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

Turnover represents net invoiced sales of services, net of value added tax. Revenue is

recognised when the right to consideration is received. The right to consideration is obtained

at the point that rents are collected from tenants.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all material timing differences that have originated but

not reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

1,106

DEPRECIATION

At 1 January 2015

554

Charge for year

277

At 31 December 2015

831

NET BOOK VALUE

At 31 December 2015

275

At 31 December 2014

552

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

10

Ordinary

£1.00

10

4.	ULTIMATE CONTROLLING PARTY

The controlling party is Miss K J Kingston.