Abbreviated Company Accounts - KEITH BAXTER LIMITED

Abbreviated Company Accounts - KEITH BAXTER LIMITED


Registered Number 06543399

KEITH BAXTER LIMITED

Abbreviated Accounts

31 March 2014

KEITH BAXTER LIMITED Registered Number 06543399

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 100 667
100 667
Current assets
Debtors 1,570 162
Cash at bank and in hand 34,887 21,242
36,457 21,404
Creditors: amounts falling due within one year (36,040) (26,651)
Net current assets (liabilities) 417 (5,247)
Total assets less current liabilities 517 (4,580)
Total net assets (liabilities) 517 (4,580)
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 516 (4,581)
Shareholders' funds 517 (4,580)
  • 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:
K Baxter, Director

KEITH BAXTER LIMITED Registered Number 06543399

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.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Equipment - 3 Years straight line

Other accounting policies
RELATED PARTY TRANSACTIONS

The company was under the control of Mr K Baxter throughout the current year. Mr K. Baxter is the managing director and majority shareholder. Included in other creditors is an amount of £28,372 (£23,664 - 2013) owing to the Director.

2Tangible fixed assets
£
Cost
At 1 April 2013 1,700
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 1,700
Depreciation
At 1 April 2013 1,033
Charge for the year 567
On disposals -
At 31 March 2014 1,600
Net book values
At 31 March 2014 100
At 31 March 2013 667
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
1 Ordinary shares of £1 each 1 1