Kingsbere Accountants Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04711906 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Kingsbere Accountants Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs D L Scott

S Scott

SECRETARY:

Mrs D L Scott

REGISTERED OFFICE:

The Old Dryer

Hinton Business Park

Tarrant Hinton

Blandford Forum

Dorset

DT11 8JF

REGISTERED NUMBER:

04711906 (England and Wales)

ACCOUNTANTS:

KingsBere Accountants

The Old Dryer

Hinton Business Park

Tarrant Hinton

Blandford Forum

Dorset

DT11 8JF

FIXED ASSETS

Intangible assets

2

34,310

37,890

Tangible assets

3

26,407

19,464

60,717

57,354

CURRENT ASSETS

Debtors

49,692

49,150

Cash at bank and in hand

80,646

69,830

130,338

118,980

CREDITORS

Amounts falling due within one year

50,064

45,952

NET CURRENT ASSETS

80,274

73,028

TOTAL ASSETS LESS CURRENT LIABILITIES

140,991

130,382

CREDITORS

Amounts falling due after more than one year

6,771

9,554

NET ASSETS

134,220

120,828

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

134,120

120,728

SHAREHOLDERS' FUNDS

134,220

120,828

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 26 September 2014 and were signed on its behalf by:

Mrs D L Scott - Director

S Scott - 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 April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which

they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

84,103

AMORTISATION

At 1 April 2013

46,213

Amortisation for year

3,580

At 31 March 2014

49,793

NET BOOK VALUE

At 31 March 2014

34,310

At 31 March 2013

37,890

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

66,024

Additions

16,419

At 31 March 2014

82,443

DEPRECIATION

At 1 April 2013

46,560

Charge for year

9,476

At 31 March 2014

56,036

NET BOOK VALUE

At 31 March 2014

26,407

At 31 March 2013

19,464

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

100

Ordinary

£1

100

100