Abbreviated Company Accounts - KIT4KEEPERS LIMITED

Abbreviated Company Accounts - KIT4KEEPERS LIMITED


Registered Number 06821609

KIT4KEEPERS LIMITED

Abbreviated Accounts

31 March 2014

KIT4KEEPERS LIMITED Registered Number 06821609

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Called up share capital not paid 100 100
Fixed assets
Tangible assets 2 1 1
1 1
Current assets
Stocks 1,300 1,300
1,300 1,300
Creditors: amounts falling due within one year (3,759) (3,759)
Net current assets (liabilities) (2,459) (2,459)
Total assets less current liabilities (2,358) (2,358)
Total net assets (liabilities) (2,358) (2,358)
Capital and reserves
Called up share capital 100 100
Profit and loss account (2,458) (2,458)
Shareholders' funds (2,358) (2,358)
  • 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 22 December 2014

And signed on their behalf by:
J D C Pullen, Director

KIT4KEEPERS LIMITED Registered Number 06821609

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 sales of goods.

Tangible assets depreciation policy
Depreciation is provided at 33% on cost to write off the assets over its estimated useful life.

Valuation information and policy
Stocks are valued at the lower of cost and net realisable value, after due allowance for obsolete and slow moving items.

Other accounting policies
Basis of preparing the accounts. Whilst these accounts show a deficit of shareholders funds at 31 March 2014 of £2,458 the company is supported by the directors and they consider it appropriate to prepare the accounts on a going concern basis.

2Tangible fixed assets
£
Cost
At 1 April 2013 400
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 400
Depreciation
At 1 April 2013 399
Charge for the year -
On disposals -
At 31 March 2014 399
Net book values
At 31 March 2014 1
At 31 March 2013 1