Kingtons Estate Agency Ltd - Accounts to registrar - small 16.1.1

REGISTERED NUMBER: 07226216 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2016

for

Kingtons Estate Agency Ltd

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

N Chapman

SECRETARY:

REGISTERED OFFICE:

103 Blackburn Street

Manchester

Lancashire

M26 3WQ

REGISTERED NUMBER:

07226216 (England and Wales)

ACCOUNTANTS:

Chapman & Co.

Chartered Accountants

39 Ferndene Road

Whitefield

Manchester

Lancashire

M45 6RB

The following reproduces the text of the report prepared for the director and members in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other

primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Kingtons Estate Agency Ltd for the year ended 30 April 2016 which comprise the Income

statement, Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Kingtons Estate Agency Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Kingtons Estate Agency Ltd and state those matters that we have agreed to state to the director of Kingtons Estate Agency Ltd in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Kingtons Estate Agency Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Kingtons Estate Agency Ltd. You consider that Kingtons Estate Agency Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Kingtons Estate Agency Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Chapman & Co.

Chartered Accountants

39 Ferndene Road

Whitefield

Manchester

Lancashire

M45 6RB

10 October 2016

FIXED ASSETS

Tangible assets

4

2,106

-

CURRENT ASSETS

Debtors: amounts falling due within one year

5

750

750

Prepayments and accrued income

1,065

57

Cash at bank

4,005

3,800

5,820

4,607

CREDITORS

Amounts falling due within one year

6

20,412

3,489

NET CURRENT (LIABILITIES)/ASSETS

(14,592

)

1,118

TOTAL ASSETS LESS CURRENT LIABILITIES

(12,486

)

1,118

ACCRUALS AND DEFERRED INCOME

852

642

NET (LIABILITIES)/ASSETS

(13,338

)

476

CAPITAL AND RESERVES

Called up share capital

120

120

Retained earnings

(13,458

)

356

SHAREHOLDERS' FUNDS

(13,338

)

476

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 10 October 2016 and were signed by:

N Chapman - Director

1.	STATUTORY INFORMATION

Kingtons Estate Agency Ltd is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company meets its day to day capital requirements through reliance on its bank, creditors and director. In

view of the good relationship with the company's bank and creditors, the director considers that it is reasonable

to rely on their continued support. The financial statements have therefore been prepared on a going concern

basis and do not contain any adjustments that might be necessary if that support was not continued.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

2,632

At 30 April 2016

2,632

DEPRECIATION

Charge for year

526

At 30 April 2016

526

NET BOOK VALUE

At 30 April 2016

2,106

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Directors' current accounts

750

750

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Tax

-

21

VAT

345

299

Other creditors

150

3,169

Directors' current accounts

19,917

-

20,412

3,489

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2016 and

30 April 2015:

2016

2015

£

£

E M Shilco

Balance outstanding at start of year

750

750

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

750

750