Abbreviated Company Accounts - KIDWELLS PARK LIMITED

KIDWELLS PARK LIMITED - Company Information

06280950 KIDWELLS PARK LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 06280950 2015-04-01 2016-03-31 06280950 2016-03-31 06280950 2015-03-31 06280950 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 06280950 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 06280950

KIDWELLS PARK LIMITED

Abbreviated Accounts

31 March 2016

KIDWELLS PARK LIMITED Registered Number 06280950

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Current assets
Debtors		10	10
Cash at bank and in hand		57,484	8,270
		57,494	8,280
Creditors: amounts falling due within one year		(2,472,333)	(2,849,650)
Net current assets (liabilities)		(2,414,839)	(2,841,370)
Total assets less current liabilities		(2,414,839)	(2,841,370)
Total net assets (liabilities)		(2,414,839)	(2,841,370)
Capital and reserves
Called up share capital	2	10	10
Profit and loss account		(2,414,849)	(2,841,380)
Shareholders' funds		(2,414,839)	(2,841,370)

For the year ending 31 March 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 23 March 2017

And signed on their behalf by:
Mr M. Fiztgerald, Director

KIDWELLS PARK LIMITED Registered Number 06280950

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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).

The company has net liabilities of £2,414,839 (2015 - £2,841,370). The directors have carefully considered the ongoing funding requirements of the company and are satisfied that they have sufficient access to economic resources in order for the company to meet its ongoing commitments. Accordingly, the directors have prepared these accounts on the going concern basis which assumes the company can continue to operate for the foreseeable future.

Turnover policy
Turnover represents income from the sale of properties, rental income and other fees receivable from tenants, net of Value Added Tax. Income from the sale of properties is recognised on the date of legal completion.

2Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
10 Ordinary shares of £1 each	10	10