Abbreviated Company Accounts - KEANES ENVIRONMENTAL LIMITED

KEANES ENVIRONMENTAL LIMITED - Company Information

04297872 KEANES ENVIRONMENTAL LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 04297872 2015-01-01 2015-12-31 04297872 2015-12-31 04297872 2014-12-31 04297872 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 04297872 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 04297872

KEANES ENVIRONMENTAL LIMITED

Abbreviated Accounts

31 December 2015

KEANES ENVIRONMENTAL LIMITED Registered Number 04297872

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	-	854
		-	854
Current assets
Cash at bank and in hand		172	172
		172	172
Creditors: amounts falling due within one year		(1,233,094)	(1,232,846)
Net current assets (liabilities)		(1,232,922)	(1,232,674)
Total assets less current liabilities		(1,232,922)	(1,231,820)
Total net assets (liabilities)		(1,232,922)	(1,231,820)
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		(1,232,923)	(1,231,821)
Shareholders' funds		(1,232,922)	(1,231,820)

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 10 June 2016

And signed on their behalf by:
D M Keane, Director

KEANES ENVIRONMENTAL LIMITED Registered Number 04297872

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

1Accounting Policies

Basis of measurement and preparation of accounts
Accounting convention
The accounts are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Tangible fixed assets and depreciation
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Plant and machinery - 25% straight line

Deferred taxation
No provision for deferred taxation has been provided for in the financial statements, due to the amount not being material.

Going concern
At the balance sheet date, the reporting entity had net liability in the sum of £1,232,922. The company is reliant on the support of directors.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2Tangible fixed assets

	£
Cost
At 1 January 2015	277,282
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	277,282
Depreciation
At 1 January 2015	276,428
Charge for the year	854
On disposals	-
At 31 December 2015	277,282
Net book values
At 31 December 2015	0
At 31 December 2014	854

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

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