Kinderworld Limited - Period Ending 2015-12-31

Registration number: 03094582

Kinderworld Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 December 2015
 

Stubbs Parkin Limited
Chartered Accountants
55 Hoghton Street
Southport
Merseyside
PR9 0PG

Kinderworld Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Kinderworld Limited
(Registration number: 03094582)
Abbreviated Balance Sheet at 31 December 2015

		Note			2015 £						2014 £
	£			£			£			£
Fixed assets
Tangible fixed assets								621,786						636,158
Current assets
Debtors					16,002						16,066
Cash at bank and in hand					449,385						412,303
					465,387						428,369
Creditors: Amounts falling due within one year					(61,297)						(61,228)
Net current assets								404,090						367,141
Net assets								1,025,876						1,003,299
Capital and reserves
Called up share capital		3			220,000						220,000
Profit and loss account					805,876						783,299
Shareholders' funds								1,025,876						1,003,299

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 22 September 2016 and signed on its behalf by:

.........................................
J Hughes
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Kinderworld Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued

1	Accounting policies

Basis of preparation

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

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Property	2% straight line basis
Plant and machinery	Between 3 and 7 years
Fixtures and fittings	15% Reducing balance basis
Motor vehicles	25% Reducing balance basis

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 January 2015		817,706			817,706
Additions		2,530			2,530
Disposals		(275)			(275)
At 31 December 2015		819,961			819,961
Depreciation
At 1 January 2015		181,548			181,548
Charge for the year		16,849			16,849
Eliminated on disposals		(222)			(222)
At 31 December 2015		198,175			198,175
Net book value
At 31 December 2015		621,786			621,786
At 31 December 2014		636,158			636,158

Page 2

Kinderworld Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		220,000			220,000			220,000			220,000

Page 3