KJM (2014) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09219244 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2016

for

KJM (2014) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

K J Mactaggart

SECRETARY:

REGISTERED OFFICE:

unit 1

58 Low Friar Street

Newcastle

United Kingdom

NE1 5UE

REGISTERED NUMBER:

09219244 (England and Wales)

ACCOUNTANTS:

KJM Accountancy

69 Buchanan Street

Glasgow

G1 3HL

FIXED ASSETS

Tangible assets

2

-

781,700

CURRENT ASSETS

Debtors

-

200

Cash at bank

342

9,266

342

9,466

CREDITORS

Amounts falling due within one year

3,043

808,944

NET CURRENT LIABILITIES

(2,701

)

(799,478

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,701

)

(17,778

)

CAPITAL AND RESERVES

Called up share capital

3

4

4

Profit and loss account

(2,705

)

(17,782

)

SHAREHOLDERS' FUNDS

(2,701

)

(17,778

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 26 June 2017 and were signed by:

K J Mactaggart - 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).

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

781,700

Additions

27,350

Disposals

(809,050

)

At 30 September 2016

-

NET BOOK VALUE

At 30 September 2016

-

At 30 September 2015

781,700

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

£

4

Ordinary

1

4

4