Micro-entity Accounts - KPL ELECTRICAL LIMITED

KPL ELECTRICAL LIMITED - Company Information

09439921 KPL ELECTRICAL LIMITED 2017-02-28 false 2016-02-29 2017-02-28 true 09439921 2016-02-29 2017-02-28 09439921 2017-02-28 09439921 2016-02-28 09439921 uk-gaap-cd-bus:Director1 2016-02-29 2017-02-28 09439921 uk-gaap-cd-bus:Director2 2016-02-29 2017-02-28 09439921 uk-gaap-cd-bus:AllEntityOfficers 2016-02-29 2017-02-28 iso4217:GBP shares

Registered Number 09439921

KPL ELECTRICAL LIMITED

Micro-entity Accounts

28 February 2017

KPL ELECTRICAL LIMITED Registered Number 09439921

Micro-entity Balance Sheet as at 28 February 2017

	Notes	2017	2016
		£	£
Fixed assets
Tangible assets	1	1,321	1,762
		1,321	1,762
Current assets
Debtors		901	1,007
Cash at bank and in hand		13,708	13,931
		14,609	14,938
Creditors: amounts falling due within one year		(15,779)	(15,917)
Net current assets (liabilities)		(1,170)	(979)
Total assets less current liabilities		151	783
Provisions for liabilities		-	(352)
Total net assets (liabilities)		151	431
Capital and reserves
Called up share capital		1	1
Profit and loss account		150	430
Shareholders' funds		151	431

For the year ending 28 February 2017 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 23 November 2017

And signed on their behalf by:
Kenneth Lowe, Director

KPL ELECTRICAL LIMITED Registered Number 09439921

Notes to the Micro-entity Accounts for the period ended 28 February 2017

1Tangible fixed assets

	£
Cost
At 29 February 2016	2,350
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2017	2,350
Depreciation
At 29 February 2016	588
Charge for the year	441
On disposals	-
At 28 February 2017	1,029
Net book values
At 28 February 2017	1,321
At 28 February 2016	1,762

2Accounting 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
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.