| Kimbrose Ltd |
| Registered number: |
05139266 |
| Abbreviated Balance Sheet |
| as at 31 May 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
3,840 |
|
|
4,799 |
|
| Current assets |
| Stocks |
|
|
55 |
|
|
72 |
| Debtors |
|
|
5,071 |
|
|
1,232 |
| Cash at bank and in hand |
|
|
8,400 |
|
|
10,834 |
|
|
|
13,526 |
|
|
12,138 |
|
| Creditors: amounts falling due within one year |
|
|
(16,670) |
|
|
(13,084) |
|
| Net current liabilities |
|
|
|
(3,144) |
|
|
(946) |
|
| Net assets |
|
|
|
696 |
|
|
3,853 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
3 |
|
|
3 |
| Profit and loss account |
|
|
|
693 |
|
|
3,850 |
|
| Shareholders' funds |
|
|
|
696 |
|
|
3,853 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mr Shinderpal Singh |
| Director |
| Approved by the board on 9 November 2016 |
|
| Kimbrose Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 31 May 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% reducing balance |
|
0 |
|
|
0 |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 June 2015 |
18,429 |
|
At 31 May 2016 |
18,429 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 June 2015 |
13,630 |
|
Charge for the year |
959 |
|
At 31 May 2016 |
14,589 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2016 |
3,840 |
|
At 31 May 2015 |
4,799 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
3 |
|
3 |
|
3 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
Mr A H Syed |
|
Interest free loan |
(637) |
|
1,524 |
|
- |
|
887 |
|
|
|
(637) |
|
1,524 |
|
- |
|
887 |
|
|
|
|
|
|
|
|
|
