Abbreviated Company Accounts - KENSA CONTRACTING LIMITED

Abbreviated Company Accounts - KENSA CONTRACTING LIMITED

KENSA CONTRACTING LIMITED - Company Information

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Registered Number 08166502

KENSA CONTRACTING LIMITED

Abbreviated Accounts

30 April 2016

KENSA CONTRACTING LIMITED Registered Number 08166502

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016 2015
£ £
Current assets
Stocks 1,353 5,886
Debtors 406,728 1,813,755
Cash at bank and in hand 156,736 68,031
564,817 1,887,672
Prepayments and accrued income 101,219 372,353
Creditors: amounts falling due within one year (828,245) (2,296,848)
Net current assets (liabilities) (162,209) (36,823)
Total assets less current liabilities (162,209) (36,823)
Total net assets (liabilities) (162,209) (36,823)
Capital and reserves
Called up share capital 2 2
Profit and loss account (162,211) (36,825)
Shareholders' funds (162,209) (36,823)
  • 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 10 June 2016

And signed on their behalf by:
S Lomax, Director

KENSA CONTRACTING LIMITED Registered Number 08166502

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.

Turnover policy
Turnover represents sales at invoice value plus work completed but not invoiced for, less trade discounts allowed, and is exclusive of Value Added Tax.

Valuation information and policy
Stock is stated at the lower of cost and net realisable value using the first in first out method. Work in progress is valued on the basis of direct costs plus attributable overheads based on a normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

Other accounting policies
Deferred taxation is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax.