Abbreviated Company Accounts - VICTOR KIRBY & CO LIMITED

VICTOR KIRBY & CO LIMITED - Company Information

04715122 VICTOR KIRBY & CO LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 04715122 2015-04-01 2016-03-31 04715122 2016-03-31 04715122 2015-03-31 04715122 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 04715122 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 04715122

VICTOR KIRBY & CO LIMITED

Abbreviated Accounts

31 March 2016

VICTOR KIRBY & CO LIMITED Registered Number 04715122

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	5,624	7,499
Tangible assets	3	1,794	2,242
		7,418	9,741
Current assets
Stocks		1,300	2,000
Debtors		29,995	47,733
Cash at bank and in hand		1,906	1,302
		33,201	51,035
Creditors: amounts falling due within one year		(16,610)	(33,306)
Net current assets (liabilities)		16,591	17,729
Total assets less current liabilities		24,009	27,470
Total net assets (liabilities)		24,009	27,470
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		23,909	27,370
Shareholders' funds		24,009	27,470

For the year ending 31 March 2016 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 2 December 2016

And signed on their behalf by:
V G Kirby, Director

VICTOR KIRBY & CO LIMITED Registered Number 04715122

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
These accounts have been prepared on the historical cost basis and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Tangible assets depreciation policy
Depreciation is calculated on fixtures and fittings and office equipment at 20% p.a. on the reducing balance basis.

Intangible assets amortisation policy
Goodwill is being written-off equally over 15 years.

2Intangible fixed assets

	£
Cost
At 1 April 2015	34,667
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	34,667
Amortisation
At 1 April 2015	27,168
Charge for the year	1,875
On disposals	-
At 31 March 2016	29,043
Net book values
At 31 March 2016	5,624
At 31 March 2015	7,499

3Tangible fixed assets

	£
Cost
At 1 April 2015	13,337
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	13,337
Depreciation
At 1 April 2015	11,095
Charge for the year	448
On disposals	-
At 31 March 2016	11,543
Net book values
At 31 March 2016	1,794
At 31 March 2015	2,242

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

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100