Kindle Energy (London) Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 07413023 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2016

for

Kindle Energy (London) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs C E Collins

G S Collins

REGISTERED OFFICE:

105 Chesterfield Road

Bristol

BS6 5DS

REGISTERED NUMBER:

07413023 (England and Wales)

ACCOUNTANTS:

SAS Accountancy

18 Merlin Park

Portishead

Bristol

BS20 8RN

FIXED ASSETS

Tangible assets

2

10,934

15,036

CURRENT ASSETS

Stocks

70,000

71,250

Debtors

174,202

81,971

Cash at bank and in hand

118,187

153,106

362,389

306,327

CREDITORS

Amounts falling due within one year

185,882

216,594

NET CURRENT ASSETS

176,507

89,733

TOTAL ASSETS LESS CURRENT
LIABILITIES

187,441

104,769

PROVISIONS FOR LIABILITIES

3,007

NET ASSETS

184,434

101,762

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

184,334

101,662

SHAREHOLDERS' FUNDS

184,434

101,762

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 31 July 2017 and were signed on its behalf by:

G S Collins - 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, except in respect of service contracts

where turnover is recognised when the company obtains the right to consideration.

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

-

33% on cost and 25% on cost

Stocks

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

moving items.

Deferred tax

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

sheet date.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

and 31 October 2016

23,102

DEPRECIATION

At 1 November 2015

8,066

Charge for year

4,102

At 31 October 2016

12,168

NET BOOK VALUE

At 31 October 2016

10,934

At 31 October 2015

15,036

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.16

31.10.15

value:

£

40

Ordinary A

£1

40

Ordinary B

£1

40

20

Ordinary C

£1

20

100