Abbreviated Company Accounts - K & H ACCOUNTANTS LIMITED

K & H ACCOUNTANTS LIMITED - Company Information

05253631 K & H ACCOUNTANTS LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 05253631 2013-04-01 2014-03-31 05253631 2014-03-31 05253631 2013-03-31 05253631 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 05253631 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 05253631

K & H ACCOUNTANTS LIMITED

Abbreviated Accounts

31 March 2014

K & H ACCOUNTANTS LIMITED Registered Number 05253631

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	140,000	150,000
Tangible assets	3	1,794	2,391
		141,794	152,391
Current assets
Debtors		62,762	34,670
Cash at bank and in hand		1,206	252
		63,968	34,922
Creditors: amounts falling due within one year		(107,872)	(118,964)
Net current assets (liabilities)		(43,904)	(84,042)
Total assets less current liabilities		97,890	68,349
Total net assets (liabilities)		97,890	68,349
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		97,790	68,249
Shareholders' funds		97,890	68,349

For the year ending 31 March 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 27 May 2014

And signed on their behalf by:
A Hadad, Director

K & H ACCOUNTANTS LIMITED Registered Number 05253631

Notes to the Abbreviated Accounts for the period ended 31 March 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
Turnover represents net invoiced sale of services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and Machinery - 25 % reducing balance

Intangible assets amortisation policy
Goodwill, being the amount paid in connection with the acquisition of business in 2009, is being amortised evenly over its estimated useful life of twenty years.

2Intangible fixed assets

	£
Cost
At 1 April 2013	200,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	200,000
Amortisation
At 1 April 2013	50,000
Charge for the year	10,000
On disposals	-
At 31 March 2014	60,000
Net book values
At 31 March 2014	140,000
At 31 March 2013	150,000

3Tangible fixed assets

	£
Cost
At 1 April 2013	10,370
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	10,370
Depreciation
At 1 April 2013	7,979
Charge for the year	597
On disposals	-
At 31 March 2014	8,576
Net book values
At 31 March 2014	1,794
At 31 March 2013	2,391

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100