KTB Logistics Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08098598 (England and Wales)

ABBREVIATED UNAUDITED CESSATION ACCOUNTS

FOR THE PERIOD 1 JULY 2014 TO 31 MARCH 2015

FOR

KTB LOGISTICS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M Simpkins

REGISTERED OFFICE:

41 Barn End Road

Warton

Tamworth

Staffordshire

B79 0JD

REGISTERED NUMBER:

08098598 (England and Wales)

ACCOUNTANT:

Richards Associates Limited

Chartered Accountants

Suite 10

Hawkesyard Hall

Rugeley

Staffordshire

WS15 1PU

FIXED ASSETS

Tangible assets

2

-

554

CURRENT ASSETS

Debtors

3,341

1,889

Cash at bank

1

3,038

3,342

4,927

CREDITORS

Amounts falling due within one year

3,198

5,262

NET CURRENT ASSETS/(LIABILITIES)

144

(335

)

TOTAL ASSETS LESS CURRENT LIABILITIES

144

219

PROVISIONS FOR LIABILITIES

-

111

NET ASSETS

144

108

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

143

107

SHAREHOLDERS' FUNDS

144

108

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2015 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 April 2015 and were signed by:

M Simpkins - 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.

Tangible fixed assets

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

Computer equipment

-

33% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

959

Additions

400

Disposals

(1,359

)

At 31 March 2015

-

DEPRECIATION

At 1 July 2014

405

Charge for period

339

Eliminated on disposal

(744

)

At 31 March 2015

-

NET BOOK VALUE

At 31 March 2015

-

At 30 June 2014

554

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

30.6.14

value:

£

£

1

Ordinary

£1

1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2015 and

the year ended 30 June 2014:

31.3.15

30.6.14

£

£

M Simpkins

Balance outstanding at start of period

899

-

Amounts advanced

7,742

15,899

Amounts repaid

(5,300

)

(15,000

)

Balance outstanding at end of period

3,341

899

The full amount of this loan was repaid within nine months of the year end.

5.	CESSATION OF TRADING

The company ceased trading on 31 March 2015.