Company Registration No. 08466354 (England and Wales)
KARENS KARS LIMITED
Unaudited accounts
for the year ended 31 March 2018
KARENS KARS LIMITED
Unaudited accounts
Contents
KARENS KARS LIMITED
Company Information
for the year ended 31 March 2018
Directors
KAREN NORRIS
LESLIE JOHN NORRIS
Company Number
08466354 (England and Wales)
Registered Office
29A THE SQUARE
HESSLE
HULL
EAST RIDING OF YORKSHIRE
HU13 0AE
Accountants
SD ACCOUNTING SERVICES
8 MONMOUTH STREET
HULL
EAST YORKSHIRE
HU4 6QL
KARENS KARS LIMITED
Statement of financial position
as at 31 March 2018
Tangible assets
5,789
5,979
Cash at bank and in hand
23,921
15,080
Creditors: amounts falling due within one year
(52,576)
(43,651)
Net current liabilities
(11,633)
(11,281)
Total assets less current liabilities
(5,844)
(5,302)
Provisions for liabilities
Net liabilities
(5,844)
(5,961)
Called up share capital
100
100
Profit and loss account
(5,944)
(6,061)
Shareholders' funds
(5,844)
(5,961)
For the year ending 31 March 2018 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 16 May 2018.
KAREN NORRIS
Director
Company Registration No. 08466354
KARENS KARS LIMITED
Notes to the Accounts
for the year ended 31 March 2018
KARENS KARS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08466354. The registered office is 29A THE SQUARE, HESSLE, HULL, EAST RIDING OF YORKSHIRE, HU13 0AE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
KARENS KARS LIMITED
Notes to the Accounts
for the year ended 31 March 2018
4
Tangible fixed assets
Plant & machinery
Trade debtors
12,665
17,226
Accrued income and prepayments
64
64
6
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
7,940
6,924
Loans from directors
40,142
34,957
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 3 (2017: 5).
