Abbreviated Company Accounts - KERMAVILLE LIMITED

KERMAVILLE LIMITED - Company Information

Registered Number 01099142

KERMAVILLE LIMITED

Abbreviated Accounts

31 March 2016

KERMAVILLE LIMITED Registered Number 01099142

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	3	250,000	250,000
		250,000	250,000
Current assets
Cash at bank and in hand		4,526	4,353
		4,526	4,353
Creditors: amounts falling due within one year		(1,953)	(2,253)
Net current assets (liabilities)		2,573	2,100
Total assets less current liabilities		252,573	252,100
Total net assets (liabilities)		252,573	252,100
Reserves
Income and expenditure account		252,573	252,100
Members' funds		252,573	252,100

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 6 December 2016

And signed on their behalf by:
L Rabinowitz, Director

KERMAVILLE LIMITED Registered Number 01099142

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities published 16/07/14, the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006.

Other accounting policies
Income from investments is included in the year in which it is receivable.

Liabilities are recognised in the year in which they are incurred and includes irrecoverable VAT.

Investment properties are revalued periodically. Surpluses or deficits are taken to the Statement of Financial Activities. In accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) no provision is made for depreciation in respect of freehold properties or leasehold properties with more than 20 years remaining as investments.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets

	£
Cost
At 1 April 2015	250,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	250,000
Depreciation
At 1 April 2015	-
Charge for the year	-
On disposals	-
At 31 March 2016	-
Net book values
At 31 March 2016	250,000
At 31 March 2015	250,000