Abbreviated Company Accounts - KWESI

Abbreviated Company Accounts - KWESI

KWESI - Company Information

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Registered Number 03284937

KWESI

Abbreviated Accounts

31 March 2012

KWESI Registered Number 03284937

Abbreviated Balance Sheet as at 31 March 2012

Notes 2012 2011
£ £
Fixed assets
Tangible assets 3 384,833 384,833
384,833 384,833
Total assets less current liabilities 384,833 384,833
Total net assets (liabilities) 384,833 384,833
Reserves
Revaluation reserve 384,833 384,833
Other reserves 0 0
Income and expenditure account 0 0
Members' funds 384,833 384,833
  • For the year ending 31 March 2012 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 15 September 2012

And signed on their behalf by:
G Woolery, Director

KWESI Registered Number 03284937

Notes to the Abbreviated Accounts for the period ended 31 March 2012

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.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets
£
Cost
At 1 April 2011 384,833
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2012 384,833
Depreciation
At 1 April 2011 -
Charge for the year -
On disposals -
At 31 March 2012 -
Net book values
At 31 March 2012 384,833
At 31 March 2011 384,833

The valuation of the principal assets of the company, that is, the company’s property at Malika House, 81 George Street, Birmingham B19 1NS, has been kept at the valuation used for the past two years. Whilst the property market would appear to be picking up, it was not considered the value would have increased to any marked degree. The company at this point was still dissolved and removed from the Register as at October 2010 due to late filing of accounts as a result difficulties with sorting out the accounts and issues with the accountants used. The company has not traded whilst off the register. Efforts were still being made by Director Guy Woolery to have the company restored to the Register