Abbreviated Company Accounts - KAY & VENTURA LTD

06872884 KAY & VENTURA LTD 2016-03-31 false 2015-04-01 2016-03-31 true 06872884 2015-04-01 2016-03-31 06872884 2016-03-31 06872884 2015-03-31 06872884 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 06872884 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 06872884

KAY & VENTURA LTD

Abbreviated Accounts

31 March 2016

KAY & VENTURA LTD Registered Number 06872884

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	2,271	1,930
		2,271	1,930
Current assets
Debtors		430	1,670
Cash at bank and in hand		578	171
		1,008	1,841
Creditors: amounts falling due within one year		(950)	(394)
Net current assets (liabilities)		58	1,447
Total assets less current liabilities		2,329	3,377
Total net assets (liabilities)		2,329	3,377
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		2,229	3,277
Shareholders' funds		2,329	3,377

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 12 December 2016

And signed on their behalf by:
Elena Ventura, Director

KAY & VENTURA LTD Registered Number 06872884

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

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.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant and machinery - 25% Reducing Balance
Fixtures, fittings and equipment - 25% Reducing Balance

2Tangible fixed assets

	£
Cost
At 1 April 2015	5,312
Additions	1,099
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	6,411
Depreciation
At 1 April 2015	3,382
Charge for the year	758
On disposals	-
At 31 March 2016	4,140
Net book values
At 31 March 2016	2,271
At 31 March 2015	1,930

3Called Up Share Capital
Allotted, called up and fully paid:

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