Kam Design & Build Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 08283759 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2016

for

Kam Design & Build Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A L Mistry

K Morad

REGISTERED OFFICE:

Park House

37 Clarence Street

Leicester

LE1 3RW

REGISTERED NUMBER:

08283759 (England and Wales)

ACCOUNTANTS:

torr waterfield

Park House

37 Clarence Street

Leicester

Leicestershire

LE1 3RW

FIXED ASSETS

Tangible assets

2

6,688

4,289

Investment property

3

210,617

180,882

217,305

185,171

CURRENT ASSETS

Debtors

28,003

58,936

Cash at bank and in hand

36,130

1,093

64,133

60,029

CREDITORS

Amounts falling due within one year

4

249,936

234,039

NET CURRENT LIABILITIES

(185,803

)

(174,010

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

31,502

11,161

CAPITAL AND RESERVES

Called up share capital

5

100

Profit and loss account

31,402

11,061

SHAREHOLDERS' FUNDS

31,502

11,161

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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 25 August 2017 and were signed on its behalf by:

A L Mistry - 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.

Improvements to property

-

25% on reducing balance

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

The 2016 valuations were made by the directors, on an open market value for existing use basis.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

5,749

Additions

4,422

At 30 November 2016

10,171

DEPRECIATION

At 1 December 2015

1,460

Charge for year

2,023

At 30 November 2016

3,483

NET BOOK VALUE

At 30 November 2016

6,688

At 30 November 2015

4,289

3.	INVESTMENT PROPERTY

Total

£

COST

At 1 December 2015

180,882

Additions

29,735

At 30 November 2016

210,617

NET BOOK VALUE

At 30 November 2016

210,617

At 30 November 2015

180,882

4.

CREDITORS

Creditors include an amount of £ 120,935 (30.11.15 - £ 69,766 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

100

Ordinary

£1

100