Abbreviated Company Accounts - KEITH CUTTING LTD

Abbreviated Company Accounts - KEITH CUTTING LTD

KEITH CUTTING LTD - Company Information

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Registered Number 08542911

KEITH CUTTING LTD

Abbreviated Accounts

30 June 2016

KEITH CUTTING LTD Registered Number 08542911

Abbreviated Balance Sheet as at 30 June 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 1,392 1,541
1,392 1,541
Current assets
Debtors 6,058 2,400
Cash at bank and in hand 40,885 54,219
46,943 56,619
Creditors: amounts falling due within one year (8,570) (15,078)
Net current assets (liabilities) 38,373 41,541
Total assets less current liabilities 39,765 43,082
Total net assets (liabilities) 39,765 43,082
Capital and reserves
Called up share capital 1 1
Profit and loss account 39,764 43,081
Shareholders' funds 39,765 43,082
  • For the year ending 30 June 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 24 March 2017

And signed on their behalf by:
Keith Cutting, Director

KEITH CUTTING LTD Registered Number 08542911

Notes to the Abbreviated Accounts for the period ended 30 June 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 amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Plant & machinery: 25% per annum, straight line.
Fixtures, fittings & equipment: 25% per annum, straight line.

2Tangible fixed assets
£
Cost
At 1 July 2015 2,494
Additions 800
Disposals (499)
Revaluations -
Transfers -
At 30 June 2016 2,795
Depreciation
At 1 July 2015 953
Charge for the year 699
On disposals (249)
At 30 June 2016 1,403
Net book values
At 30 June 2016 1,392
At 30 June 2015 1,541