KINGSLAND_ROAD_PROPERTIES - Accounts

KINGSLAND ROAD PROPERTIES LIMITED - Company Information

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Company Registration No. 08139416 (England and Wales)

KINGSLAND ROAD PROPERTIES LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

KINGSLAND ROAD PROPERTIES LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

KINGSLAND ROAD PROPERTIES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2016

- 1 -

2016

2015

Notes

Current assets

Stocks

1,525,590

1,347,492

Cash at bank and in hand

273

23,470

1,525,863

1,370,962

Creditors: amounts falling due within one year

(875,763)

(720,862)

Total assets less current liabilities

650,100

Creditors: amounts falling due after more than one year

(650,000)

100

Capital and reserves

Called up share capital

100

Shareholders' funds

100

For the financial year ended 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 3 April 2017

V Goldstein

Director

Company Registration No. 08139416

KINGSLAND ROAD PROPERTIES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Stock and work in progress

Work in progress is valued at the lower of cost and net realisable value.

1.4

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

1.5

Joint Ventures

Amounts due to joint venture partners in respect of profits or receivable from joint venture partners in respect of losses are accounted for in the accounting period in which the corresponding profit or losses arise.

Share capital

2016

2015

Allotted, called up and fully paid

100 Ordinary of £1 each

100