Abbreviated Company Accounts - KARLSEN ASSOCIATES LIMITED

KARLSEN ASSOCIATES LIMITED - Company Information

07594367 KARLSEN ASSOCIATES LIMITED 2016-04-30 false 2015-05-01 2016-04-30 true 07594367 2015-05-01 2016-04-30 07594367 2016-04-30 07594367 2015-04-30 07594367 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 07594367 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 07594367

KARLSEN ASSOCIATES LIMITED

Abbreviated Accounts

30 April 2016

KARLSEN ASSOCIATES LIMITED Registered Number 07594367

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	698	931
		698	931
Current assets
Cash at bank and in hand		25,905	33,267
		25,905	33,267
Net current assets (liabilities)		25,905	33,267
Total assets less current liabilities		26,603	34,198
Creditors: amounts falling due after more than one year		(11,615)	(11,655)
Total net assets (liabilities)		14,988	22,543
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		14,888	22,443
Shareholders' funds		14,988	22,543

For the year ending 30 April 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 16 January 2017

And signed on their behalf by:
H P KARLSEN, Director
M A KARLSEN, Director

KARLSEN ASSOCIATES LIMITED Registered Number 07594367

Notes to the Abbreviated Accounts for the period ended 30 April 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.

2Tangible fixed assets

	£
Cost
At 1 May 2015	2,099
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	2,099
Depreciation
At 1 May 2015	1,168
Charge for the year	233
On disposals	-
At 30 April 2016	1,401
Net book values
At 30 April 2016	698
At 30 April 2015	931

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

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