Kestrel Telecom Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 03372516 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 18 November 2016

for

Kestrel Telecom Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr R S I Athill

Mr N S Rabbets

SECRETARY:

Mrs G M E Athill

REGISTERED OFFICE:

Errislannen

Langport Road

Somerton

Somerset

TA11 6HX

REGISTERED NUMBER:

03372516 (England and Wales)

FIXED ASSETS

Tangible assets

2

2,677

3,515

CURRENT ASSETS

Stocks

15,403

188

Debtors

61,098

45,797

Cash at bank

93,167

134,076

169,668

180,061

CREDITORS

Amounts falling due within one year

122,699

108,934

NET CURRENT ASSETS

46,969

71,127

TOTAL ASSETS LESS CURRENT LIABILITIES

49,646

74,642

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

48,646

73,642

SHAREHOLDERS' FUNDS

49,646

74,642

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 18 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 18 November 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 24 May 2017 and were signed on its behalf by:

Mr R S I Athill - Director

1.	ACCOUNTING POLICIES

Accounting convention

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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 19 November 2015

23,319

Additions

54

At 18 November 2016

23,373

DEPRECIATION

At 19 November 2015

19,804

Charge for year

892

At 18 November 2016

20,696

NET BOOK VALUE

At 18 November 2016

2,677

At 18 November 2015

3,515

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

18.11.16

18.11.15

value:

£

£

1,000

Ordinary

£1

1,000

1,000