K D Camden-Smith Ltd - Limited company - abbreviated

REGISTERED NUMBER: 07249848 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 May 2014

for

K D Camden-Smith Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Dr K D Camden-Smith

SECRETARY:

Mrs C J Camden-Smith

REGISTERED OFFICE:

7 Lindum Terrace

Lincoln

Lincolnshire

LN2 5RP

REGISTERED NUMBER:

07249848 (England and Wales)

ACCOUNTANTS:

Stanbridge Associates Limited

7 Lindum Terrace

Lincoln

Lincolnshire

LN2 5RP

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

2,238

2,761

2,238

2,761

CURRENT ASSETS

Debtors

517

3,549

Cash at bank

83,095

64,693

83,612

68,242

CREDITORS

Amounts falling due within one year

39,426

46,118

NET CURRENT ASSETS

44,186

22,124

TOTAL ASSETS LESS CURRENT
LIABILITIES

46,424

24,885

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

46,422

24,883

SHAREHOLDERS' FUNDS

46,424

24,885

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

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

The director acknowledges his 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 director on 27 February 2015 and were signed by:

Dr K D Camden-Smith - 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 trading income accrued during the period shown by these financial

statements.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of two years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Deferred tax

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

reversed at the balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

and 31 May 2014

57,731

AMORTISATION

At 1 June 2013

and 31 May 2014

57,731

NET BOOK VALUE

At 31 May 2014

-

At 31 May 2013

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

and 31 May 2014

5,129

DEPRECIATION

At 1 June 2013

2,368

Charge for year

523

At 31 May 2014

2,891

NET BOOK VALUE

At 31 May 2014

2,238

At 31 May 2013

2,761

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

2

Ordinary

1

2

K D Camden-Smith Ltd - Limited company - abbreviated - 11.6

K D Camden-Smith Ltd - Limited company - abbreviated - 11.6