Kiln Cliff (Mundesley) Limited - Limited company - abbreviated

REGISTERED NUMBER: 00489175 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2014

for

Kiln Cliff (Mundesley) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Report of the Accountants

5

DIRECTORS:

Mrs P K Malone

G Malone

SECRETARY:

Mrs J Silver

REGISTERED OFFICE:

18 Princes Street

Norwich

Norfolk

NR3 1AE

REGISTERED NUMBER:

00489175 (England and Wales)

ACCOUNTANTS:

Aston Shaw

Chartered Certified Accountants

18 Princes Street

Norwich

NR3 1AE

FIXED ASSETS

Tangible assets

2

260,354

276,413

CURRENT ASSETS

Stocks

2,000

21,021

Debtors

7,799

13,597

Cash at bank

342,777

273,467

352,576

308,085

CREDITORS

Amounts falling due within one year

39,869

44,387

NET CURRENT ASSETS

312,707

263,698

TOTAL ASSETS LESS CURRENT
LIABILITIES

573,061

540,111

PROVISIONS FOR LIABILITIES

35,832

38,764

NET ASSETS

537,229

501,347

CAPITAL AND RESERVES

Called up share capital

3

100

Revaluation reserve

81,252

Profit and loss account

455,877

419,995

SHAREHOLDERS' FUNDS

537,229

501,347

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 22 April 2015 and were signed on its behalf by:

G Malone - Director

Mrs P K Malone - 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 amounts receivable for goods and services provided, 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.

Freehold property

-

4% on cost and not provided

Caravans

-

10% on reducing balance

Fittings and equipment

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Deferred tax

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

balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

546,533

Additions

16,334

Disposals

(14,138

)

At 30 November 2014

548,729

DEPRECIATION

At 1 December 2013

270,120

Charge for year

24,045

Eliminated on disposal

(5,790

)

At 30 November 2014

288,375

NET BOOK VALUE

At 30 November 2014

260,354

At 30 November 2013

276,413

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.14

30.11.13

value:

£

1,000

Ordinary

10p

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2014 and

30 November 2013:

30.11.14

30.11.13

£

G Malone

Balance outstanding at start of year

3,740

4,604

Amounts repaid

(2,808

)

(864

)

Balance outstanding at end of year

932

3,740

5.	ULTIMATE CONTROLLING PARTY

Mr G Malone has ultimate control over the company.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 30 November 2014 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Aston Shaw

Chartered Certified Accountants

18 Princes Street

Norwich

NR3 1AE

22 April 2015

Kiln Cliff (Mundesley) Limited - Limited company - abbreviated - 11.6

Kiln Cliff (Mundesley) Limited - Limited company - abbreviated - 11.6