Adam Kirk Limited - Period Ending 2016-03-31

Registration number: 09550322

Adam Kirk Limited

Unaudited Abbreviated Accounts

for the Period from 20 April 2015 to 31 March 2016

 

Adam Kirk Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

Adam Kirk Limited
(Registration number: 09550322)
Abbreviated Balance Sheet
at 31 March 2016

		Note			31 March 2016 £
Current assets
Debtors					100
Cash at bank and in hand					64,335
					64,435
Creditors: Amounts falling due within one year					(18,101)
Net assets					46,334
Capital and reserves
Called up share capital		2			100
Profit and loss account					46,234
Shareholders' funds					46,334

For the period ended 31 March 2016 the company was entitled to exemption from audit 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 within Part 15 of the Companies Act 2006.

Approved by the Board and authorised for issue on 21 December 2016 and signed on its behalf by:

A Kirk
Director

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Adam Kirk Limited
Notes to the Abbreviated Accounts
for the Period ended 31 March 2016

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable in respect of the sale of goods and services to customers.

Leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Share capital

Allotted, called up and fully paid shares

	31 March 2016
		No.			£
Ordinary A shares of £1 each		50			50
Ordinary B shares of £1 each		50			50
		100			100

The share classes referred to above rank pari passu in all respects other than dividend rights.

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