Kits Direct Limited - Abbreviated accounts 16.3

Kits Direct Limited - Abbreviated accounts 16.3

KITS DIRECT LIMITED - Company Information

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REGISTERED NUMBER: SC214695 (Scotland)





















Abbreviated Unaudited Accounts

For The Year Ended 31 March 2016

for

Kits Direct Limited

Kits Direct Limited (Registered number: SC214695)






Contents of the Abbreviated Accounts
For The Year Ended 31 March 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Kits Direct Limited

Company Information
For The Year Ended 31 March 2016







DIRECTOR: P Kean





SECRETARY: P Kean





REGISTERED OFFICE: 1 Cambuslang Court
Cambuslang
Glasgow
Strathclyde
G32 8FH





REGISTERED NUMBER: SC214695 (Scotland)





ACCOUNTANTS: Atkinson Donnelly LLP
1 Cambuslang Court
Cambuslang
Glasgow
Strathclyde
G32 8FH
Page 1
Kits Direct Limited (Registered number: SC214695)

Abbreviated Balance Sheet
31 March 2016

31.3.16 31.3.15
Notes £    £   
TOTAL ASSETS LESS CURRENT
LIABILITIES
-
-

CREDITORS
Amounts falling due after more than one year 300,000 300,000
NET LIABILITIES (300,000 ) (300,000 )

CAPITAL AND RESERVES
Called up share capital 2 40,000 40,000
Profit and loss account (340,000 ) (340,000 )
SHAREHOLDERS' FUNDS (300,000 ) (300,000 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 19 December 2016 and were signed by:





P Kean - Director


The notes form part of these abbreviated accounts

Page 2
Kits Direct Limited (Registered number: SC214695)

Notes to the Abbreviated Accounts
For The Year Ended 31 March 2016

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the Financial
Reporting Standard for Smaller Entities (effective January 2015).

The company was dormant throughout the current year and previous year.

2. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.16 31.3.15
value: £    £   
40,000 Ordinary £1 40,000 40,000

3. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The directors' loan of £300,000 is interest-free. The maximum amount outstanding during the period was £300,000.

Page 3