Abbreviated Company Accounts - KAREN HOWES LIMITED
Abbreviated Company Accounts - KAREN HOWES LIMITED
Registered Number 07540664
KAREN HOWES LIMITED
Abbreviated Accounts
28 February 2014
KAREN HOWES LIMITED Registered Number 07540664
Abbreviated Balance Sheet as at 28 February 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Fixed assets | |||
Investments | 2 |
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Current assets | |||
Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
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Net current assets (liabilities) |
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( |
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Total assets less current liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
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Shareholders' funds |
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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
And signed on their behalf by:
KAREN HOWES LIMITED Registered Number 07540664
Notes to the Abbreviated Accounts for the period ended 28 February 2014
1Accounting Policies
Basis of measurement and preparation of accounts
Other accounting policies
The financial statements do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirement to prepare such a statement under the Financial Reporting Standard for Smaller Entities (effective April 2008).
Investments
Investments held as fixed assets are shown at cost less provision for impairment.
Consolidation
In the opinion of the director, the company and its subsidiary undertaking comprise a small group. The company has therefore taken advantage of the exemption from preparing group accounts provided by Section 398 of the Companies Act 2006.
2Fixed assets Investments
Cost
At 1 March 2013 and 28 February 2014 £ 301,000
Net book value
At 28 February 2014 £301,000
At 28 February 2013 £301,000
Subsidiary undertakings
The following were subsidiary undertakings of the company:
Name Class of shares Holding
Taylor Howes Designs Limited Ordinary 100 %
The aggregate of the share capital and reserves as at 31 January 2014 and of the profit or loss for the year ended on that date for the subsidiary undertakings were as follows:
Name
Taylor Howes Designs Limited
Aggregate of share capital and reserves
£ 122,547
Profit/(loss)
£ 220,370