Abbreviated Company Accounts - KENNSON LTD

01627650 KENNSON LTD 2015-12-31 false 2015-01-01 2015-12-31 true 01627650 2015-01-01 2015-12-31 01627650 2015-12-31 01627650 2014-12-31 01627650 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 01627650 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 01627650

KENNSON LTD

Abbreviated Accounts

31 December 2015

KENNSON LTD Registered Number 01627650

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1,085,000	1,085,000
		1,085,000	1,085,000
Current assets
Debtors		42,216	15,883
Cash at bank and in hand		37,479	14,956
		79,695	30,839
Creditors: amounts falling due within one year	3	(207,432)	(189,021)
Net current assets (liabilities)		(127,737)	(158,182)
Total assets less current liabilities		957,263	926,818
Creditors: amounts falling due after more than one year	3	(774,165)	(756,775)
Total net assets (liabilities)		183,098	170,043
Capital and reserves
Called up share capital	4	1,000	1,000
Revaluation reserve		18,088	18,088
Profit and loss account		164,010	150,955
Shareholders' funds		183,098	170,043

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 30 September 2016

And signed on their behalf by:
K V HAINES, Director

KENNSON LTD Registered Number 01627650

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

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.

2Tangible fixed assets

	£
Cost
At 1 January 2015	1,085,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	1,085,000
Depreciation
At 1 January 2015	0
Charge for the year	-
On disposals	-
At 31 December 2015	0
Net book values
At 31 December 2015	1,085,000
At 31 December 2014	1,085,000

Investment properties are recorded in the financial statements at their estimated open market values
based on a valuation undertaken by the directors as at 31 December 2015.

If investment properties had not been revalued then they would be carried in the financial statements at their historic cost of £1,066,913. No depreciation has been charged on investment properties during the year ended 31 December 2015 (2014: £Nil). If depreciation had been charged on investment properties, based on their historic costs, the reported profit before tax would have been reduced by £21,338 (2014: £21,338).

3Creditors

	2015 £	2014 £
Secured Debts	12,867	35,853

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1,000 Ordinary shares of £1 each	1,000	1,000