Abbreviated Company Accounts - KNP FINISHING LIMITED

Abbreviated Company Accounts - KNP FINISHING LIMITED

KNP FINISHING LIMITED - Company Information

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Registered Number 01760307

KNP FINISHING LIMITED

Abbreviated Accounts

31 March 2016

KNP FINISHING LIMITED Registered Number 01760307

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 25,837 27,812
25,837 27,812
Current assets
Stocks 3,753 3,303
Debtors 84,122 119,248
Cash at bank and in hand 156,223 59,554
244,098 182,105
Creditors: amounts falling due within one year (71,899) (63,540)
Net current assets (liabilities) 172,199 118,565
Total assets less current liabilities 198,036 146,377
Total net assets (liabilities) 198,036 146,377
Capital and reserves
Called up share capital 100 100
Profit and loss account 197,936 146,277
Shareholders' funds 198,036 146,377
  • 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 21 December 2016

And signed on their behalf by:
A Kendall, Director

KNP FINISHING LIMITED Registered Number 01760307

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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

2Tangible fixed assets
£
Cost
At 1 April 2015 131,641
Additions 3,781
Disposals -
Revaluations -
Transfers -
At 31 March 2016 135,422
Depreciation
At 1 April 2015 103,829
Charge for the year 5,756
On disposals -
At 31 March 2016 109,585
Net book values
At 31 March 2016 25,837
At 31 March 2015 27,812