Kennek Construction Limited - Abbreviated accounts 16.3
Kennek Construction Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended 30 September 2016 |
| for |
| Kennek Construction Limited |
| Kennek Construction Limited (Registered number: 04274450) |
| Contents of the Abbreviated Accounts |
| for the year ended 30 September 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Kennek Construction Limited |
| Company Information |
| for the year ended 30 September 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| BANKERS: |
| Kennek Construction Limited (Registered number: 04274450) |
| Abbreviated Balance Sheet |
| 30 September 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Capital redemption reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| The financial statements were approved by the Board of Directors on |
| Kennek Construction Limited (Registered number: 04274450) |
| Notes to the Abbreviated Accounts |
| for the year ended 30 September 2016 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements have been prepared on the going concern basis,which assumes that the company will continue in |
| operational existence for the foreseeable future, which the directors consider appropriate. |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the Financial |
| Reporting Standard for Smaller Entities (effective January 2015). |
| Exemption from preparing a cash flow statement |
| The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the |
| requirement to prepare such a statement under Financial Reporting Standard 1 Cash flow statements and Financial Reporting |
| Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents work done, to the extent of goods and services provided during the year, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks and amounts due under contracts |
| Stocks are valued at the lower of cost or net realisable value after making due allowance for obsolete and slow moving |
| items. |
| Amounts due under contracts are valued using the stage of completion method against the actual value of the contract |
| entered into. Consideration is taken account of any potential bad debt/credit risk which may be attached to any contracts in |
| place. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| A deferred tax assets is regarded as recoverable and therefore recognised only when, on the basis of all available evidence, it |
| can be regarded as more likely than not there will be suitable taxable profits from which the future reversal of the underlying |
| timing difference can be deducted. |
| Deferred tax is measured on a non-discounted basis at the average rates that are expected to apply in the periods in which the |
| timing difference are expected to reverse, based on the tax rates and laws that have been enacted or substantively enacted by |
| the balance sheet date. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the |
| lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are |
| charged to the profit and loss account in the period to which they relate. |
| Kennek Construction Limited (Registered number: 04274450) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 30 September 2016 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 October 2015 |
| Additions |
| Disposals | ( |
) |
| At 30 September 2016 |
| DEPRECIATION |
| At 1 October 2015 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 30 September 2016 |
| NET BOOK VALUE |
| At 30 September 2016 |
| At 30 September 2015 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary | £1 |
| 4. | CONTROL |
| No shareholder had overall control of the company. |