Abbreviated Company Accounts - K2 MANAGEMENT CONSULTANTS LIMITED

K2 MANAGEMENT CONSULTANTS LIMITED - Company Information

SC252612 K2 MANAGEMENT CONSULTANTS LIMITED 2014-05-31 false 2013-06-01 2014-05-31 true SC252612 2013-06-01 2014-05-31 SC252612 2014-05-31 SC252612 2013-05-31 SC252612 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 SC252612 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:Director3 2013-06-01 2014-05-31 uk-gaap-cd-bus:Director3 2014-05-31 uk-gaap-cd-bus:Director3 2013-05-31 iso4217:GBP shares

Registered Number SC252612

K2 MANAGEMENT CONSULTANTS LIMITED

Abbreviated Accounts

31 May 2014

K2 MANAGEMENT CONSULTANTS LIMITED Registered Number SC252612

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets		-	-
Tangible assets	2	220	583
Investments		-	-
		220	583
Current assets
Stocks		-	-
Debtors	3	16,012	22,825
Investments		-	-
Cash at bank and in hand		15,971	-
		31,983	22,825
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(7,985)	(14,911)
Net current assets (liabilities)		23,998	7,914
Total assets less current liabilities		24,218	8,497
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		0	0
Accruals and deferred income		(1,500)	(900)
Total net assets (liabilities)		22,718	7,597
Capital and reserves
Called up share capital		2	2
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		22,716	7,595
Shareholders' funds		22,718	7,597

For the year ending 31 May 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 18 May 2015

And signed on their behalf by:
Kenneth Allstaff, Director

K2 MANAGEMENT CONSULTANTS LIMITED Registered Number SC252612

Notes to the Abbreviated Accounts for the period ended 31 May 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.

2Tangible fixed assets

	£
Cost
At 1 June 2013	3,978
Additions	0
Disposals	0
Revaluations	0
Transfers	0
At 31 May 2014	3,978
Depreciation
At 1 June 2013	3,395
Charge for the year	363
On disposals	0
At 31 May 2014	3,758
Net book values
At 31 May 2014	220
At 31 May 2013	583

3Debtors

	2014 £	2013 £
Debtors include the following amounts due after more than one year	16,012	22,825

Amounts shown in debtors for the year include transactions to Conjunct Ltd a Company in which Kenneth Allstaff is a director and shareholder. Conjunct were invoiced during the year for consultancy fees to the value of £36706 (2013 £11090). These transactions were carried out on a commercial basis. The amount due at the year end from Conjunct was £10762
During the year the Company was repaid £6500 by Conjunct for a loan made in the previous year but a further loan of £5250 was extended to Conjunct during the current year.

4Transactions with directors

Name of director receiving advance or credit:	Kenneth Allstaff
Description of the transaction:	Loan
Balance at 1 June 2013:	£ 4,758
Advances or credits made:	-
Advances or credits repaid:	£ 4,758
Balance at 31 May 2014:	£ 0

The loan to the Company from Kenneth Allstaff was repaid by the Company during the year.