Company Registration No. 03560748 (England and Wales)
Kensington Europe Limited
Abbreviated unaudited accounts
for the year ended 31 May 2016
Kensington Europe Limited
Abbreviated Balance Sheet
as at 31 May 2016
Tangible assets
2,635
3,515
Cash at bank and in hand
711,911
855,766
Creditors: amounts falling due within one year
(478,935)
(603,671)
Net current assets
313,117
317,102
Total assets less current liabilities
315,752
320,617
Creditors: amounts falling due after more than one year
(2,388)
(2,388)
Net assets
313,364
318,229
Called up share capital
18,150
18,150
Profit and loss account
295,214
300,079
Total shareholders' funds
313,364
318,229
For the year ending 31 May 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 director acknowledges his 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 28 February 2017
Nicholas Warshaw
Director
Company Registration No. 03560748
Kensington Europe Limited
Notes to the Abbreviated Accounts
for the year ended 31 May 2016
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 represents the value, net of VAT and discounts, 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
25% reducing balance
Computer equipment
25% reducing balance
Allotted, called up and fully paid:
18,150 Ordinary shares of £1 each
18,150
18,150
