Abbreviated Company Accounts - KRB BUILDERS LIMITED

KRB BUILDERS LIMITED - Company Information

Registered Number 04369977

KRB BUILDERS LIMITED

Abbreviated Accounts

28 February 2014

KRB BUILDERS LIMITED Registered Number 04369977

Abbreviated Balance Sheet as at 28 February 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	43,202	27,613
		43,202	27,613
Current assets
Stocks		12,500	12,500
Debtors		195,174	212,084
Cash at bank and in hand		17,961	16,745
		225,635	241,329
Creditors: amounts falling due within one year		(207,958)	(208,630)
Net current assets (liabilities)		17,677	32,699
Total assets less current liabilities		60,879	60,312
Total net assets (liabilities)		60,879	60,312
Capital and reserves
Called up share capital		1	1
Profit and loss account		60,878	60,311
Shareholders' funds		60,879	60,312

For the year ending 28 February 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 August 2014

And signed on their behalf by:
K R Burton, Director

KRB BUILDERS LIMITED Registered Number 04369977

Notes to the Abbreviated Accounts for the period ended 28 February 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the
year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual
value, over the useful economic life of that asset as follows:

Motor Vehicles - 25% reducing balance
Plant & Machinery - 25% reducing balance
Fixtures & Fittings - 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 March 2013	59,866
Additions	23,354
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2014	83,220
Depreciation
At 1 March 2013	32,253
Charge for the year	7,765
On disposals	-
At 28 February 2014	40,018
Net book values
At 28 February 2014	43,202
At 28 February 2013	27,613