Kettering Investment Property Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06209754 (England and Wales)

KETTERING INVESTMENT PROPERTY LIMITED

ABBREVIATED ACCOUNTS

FOR THE PERIOD 1 MAY 2013 TO 31 MARCH 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

DIRECTORS:

Ms K Shannon

Miss S C Hooper

SECRETARY:

REGISTERED OFFICE:

22-24 Harborough Road

Kingsthorpe

Northampton

NN2 7AZ

REGISTERED NUMBER:

06209754 (England and Wales)

ACCOUNTANTS:

Phipps Henson McAllister

Chartered Accountants

22-24 Harborough Road

Kingsthorpe

Northampton

NN2 7AZ

FIXED ASSETS

Investment property

2

1,221,000

1,221,000

CURRENT ASSETS

Prepayments and accrued income

-

13,994

Cash at bank

58

1

58

13,995

CREDITORS

Amounts falling due within one year

344,966

367,231

NET CURRENT LIABILITIES

(344,908

)

(353,236

)

TOTAL ASSETS LESS CURRENT LIABILITIES

876,092

867,764

CREDITORS

Amounts falling due after more than one year

3

1,550,265

1,541,519

NET LIABILITIES

(674,173

)

(673,755

)

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

(674,273

)

(673,855

)

SHAREHOLDERS' FUNDS

(674,173

)

(673,755

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 22 December 2014 and were signed on its behalf by:

Ms K Shannon - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes

in market value is transferred to a revaluation reserve.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	INVESTMENT PROPERTY

Total

£

COST

At 1 May 2013

and 31 March 2014

1,221,000

NET BOOK VALUE

At 31 March 2014

1,221,000

At 30 April 2013

1,221,000

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

2014

2013

£

£

Repayable by instalments

1,359,930

1,351,184

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100