KSN Limited

KSN Limited

KSN LIMITED - Company Information

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1 April 2015 true false 038352922015-03-31 038352922015-04-012016-03-31 038352922016-03-31 038352922015-03-31 03835292uk-bus:Director12015-04-012016-03-31 03835292uk-gaap:PlantMachinery2015-04-012016-03-31 03835292uk-gaap:FixturesFittings2015-04-012016-03-31 03835292uk-gaap:PlantMachinery2015-03-31 03835292uk-gaap:FixturesFittings2015-03-31 03835292uk-gaap:PlantMachinery2016-03-31 03835292uk-gaap:FixturesFittings2016-03-31 03835292uk-bus:OrdinaryShareClass12016-03-31 03835292uk-bus:OrdinaryShareClass12015-04-012016-03-31 03835292uk-bus:OrdinaryShareClass12015-03-31 iso4217:GBP xbrli:shares
Company Registration No. 03835292 (England and Wales)
KSN Limited Abbreviated unaudited accounts for the year ended 31 March 2016
KSN Limited Abbreviated Balance Sheet as at 31 March 2016
2016 
2015 
Notes
£ 
£ 
Fixed assets
Tangible assets
2
12,203 
12,866 
Current assets
Stocks
9,738 
10,455 
Debtors
12,279 
18,297 
Cash at bank and in hand
33,305 
41,016 
55,322 
69,768 
Creditors: amounts falling due within one year
(32,954)
(60,361)
Net current assets
22,368 
9,407 
Net assets
34,571 
22,273 
Capital and reserves
Called up share capital
3
2 
2 
Profit and loss account
34,569 
22,271 
Total shareholders' funds
34,571 
22,273 
For the year ending 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 20 December 2016
C Mitchell Director Company Registration No. 03835292
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KSN Limited Notes to the Abbreviated Accounts for the year ended 31 March 2016
1
Accounting policies
Basis of preparation
The accounts 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 the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% RBM
Fixtures & fittings
20% RBM
2
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost
At 1 April 2015
54,195 
29,655 
83,850 
Additions
2,388 
- 
2,388 
At 31 March 2016
56,583 
29,655 
86,238 
Depreciation
At 1 April 2015
46,023 
24,961 
70,984 
Charge for the year
2,112 
939 
3,051 
At 31 March 2016
48,135 
25,900 
74,035 
Net book value
At 31 March 2016
8,448 
3,755 
12,203 
At 31 March 2015
8,172 
4,694 
12,866 
3
Share capital
2016 
2015 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
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