Kingmour Limited,Ltd - Accounts

Kingmour Limited,Ltd - Accounts

KINGMOUR LIMITED - Company Information

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2015-06-01 true false Private Limited Company 06252265 2016-05-31 06252265 2015-06-01 2016-05-31 06252265 2015-05-31 06252265 2014-06-01 2015-05-31 06252265 uk-bus:Director1 2015-06-01 2016-05-31 06252265 uk-bus:OrdinaryShareClass1 2016-05-31 iso4217:GBP
Kingmour Limited
For the year ended 31 May 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 06252265
2
Abbreviated Balance Sheet
Kingmour Limited
As at 31 May 2016
06252265
Registered Number :
£
£
2016
Notes
2015
Current assets
Stocks
11,298
11,298
Debtors
484
-
11,298
11,782
Creditors: amounts falling due within one year
(47,351)
(48,087)
(35,569)
(36,789)
Net current liabilities
Total assets less current liabilities
(36,789)
(35,569)
(36,789)
Net liabilities
(35,569)
Capital and reserves
Called up share capital
3
2
3
Profit and loss account
(36,792)
(35,572)
(36,789)
(35,569)
Shareholders funds
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.
Director responsibilities: The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 in accordance with Section 476 of the Companies Act 2006.
The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Compnies Act 2006 relating to small companies.
Date approved by the board: 21 February 2017
M Gilmour Director
Signed on behalf of the board of directors
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Notes to the Abbreviated Financial Statements
Kingmour Limited
For the year ended 31 May 2016
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Going Concern
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2 Share capital
Allotted called up and fully paid
2016
2015
£
£
3 Class A shares of £1.00 each
3
3
3
3
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