Abbreviated Company Accounts - KINGDOM ESTATES LIMITED

Abbreviated Company Accounts - KINGDOM ESTATES LIMITED


Registered Number 04475209

KINGDOM ESTATES LIMITED

Abbreviated Accounts

31 March 2014

KINGDOM ESTATES LIMITED Registered Number 04475209

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 4,412 5,882
4,412 5,882
Current assets
Debtors - 6,000
Cash at bank and in hand 718 -
718 6,000
Creditors: amounts falling due within one year (802) (11,262)
Net current assets (liabilities) (84) (5,262)
Total assets less current liabilities 4,328 620
Total net assets (liabilities) 4,328 620
Capital and reserves
Called up share capital 3 4 4
Profit and loss account 4,324 616
Shareholders' funds 4,328 620
  • 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 23 December 2014

And signed on their behalf by:
D J Yarnold, Director

KINGDOM ESTATES LIMITED Registered Number 04475209

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, which is stated net of value added tax, represents amounts invoiced to third parties in the normal course of business.

Tangible assets depreciation policy
All fixed assets are initially recorded at cost. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value based on prices prevailing at the date of acquisition, of each asset evenly over its expected useful life as follows:

Office equipment - 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 April 2013 32,161
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 32,161
Depreciation
At 1 April 2013 26,279
Charge for the year 1,470
On disposals -
At 31 March 2014 27,749
Net book values
At 31 March 2014 4,412
At 31 March 2013 5,882
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
4 Ordinary shares of £1 each 4 4