Kompelec Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08630238 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 30 JULY 2013 TO 31 JULY 2014

FOR

KOMPELEC LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Miss K Hall

REGISTERED OFFICE:

5th Floor

The Margolis Building

37 Turner Street

Manchester

M4 1DW

REGISTERED NUMBER:

08630238 (England and Wales)

ACCOUNTANTS:

Tree Accountancy Limited

Chartered Certified Accountants

5th Floor

The Margolis Building

37 Turner Street

Manchester

M4 1DW

FIXED ASSETS

Tangible assets

2

2,032

CURRENT ASSETS

Debtors

28,943

Cash at bank and in hand

232

29,175

CREDITORS

Amounts falling due within one year

23,749

NET CURRENT ASSETS

5,426

TOTAL ASSETS LESS CURRENT LIABILITIES

7,458

CREDITORS

Amounts falling due after more than one year

173

NET ASSETS

7,285

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

7,185

SHAREHOLDERS' FUNDS

7,285

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

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

The director acknowledges her 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 19 April 2015 and were signed by:

Miss K Hall - 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 goods and services, excluding value added tax.

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

-

20% on cost

Computer equipment

-

25% on cost

Deferred tax

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

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

2,297

At 31 July 2014

2,297

DEPRECIATION

Charge for period

265

At 31 July 2014

265

NET BOOK VALUE

At 31 July 2014

2,032

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.