Abbreviated Company Accounts - KIMBURNE LIMITED

03307931 KIMBURNE LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 03307931 2014-01-01 2014-12-31 03307931 2014-12-31 03307931 2013-12-31 03307931 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 03307931 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 03307931

KIMBURNE LIMITED

Abbreviated Accounts

31 December 2014

KIMBURNE LIMITED Registered Number 03307931

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	-	10,370
Investments	3	281,152	366,725
		281,152	377,095
Current assets
Debtors		100,087	415,531
Cash at bank and in hand		68,012	130,138
		168,099	545,669
Creditors: amounts falling due within one year		(564,462)	(769,925)
Net current assets (liabilities)		(396,363)	(224,256)
Total assets less current liabilities		(115,211)	152,839
Total net assets (liabilities)		(115,211)	152,839
Capital and reserves
Called up share capital	4	20,000	20,000
Profit and loss account		(135,211)	132,839
Shareholders' funds		(115,211)	152,839

For the year ending 31 December 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 12 September 2015

And signed on their behalf by:
R Granello, Director

KIMBURNE LIMITED Registered Number 03307931

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

Turnover policy
Turnover, which excludes Value Added Tax and trade discounts, represents the company’s income from overseas trading and UK trading.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class : Depreciation method and rate:

Office equipment : 25% reducing balance
Telephone system : 25% reducing balance
Fixtures and fittings : 25% reducing balance
Computer Equipment : 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 January 2014	169,870
Additions	38
Disposals	(169,908)
Revaluations	-
Transfers	-
At 31 December 2014	0
Depreciation
At 1 January 2014	159,500
Charge for the year	2,602
On disposals	(162,102)
At 31 December 2014	0
Net book values
At 31 December 2014	0
At 31 December 2013	10,370

3Fixed assets Investments
Investment includes 99% share capital in Sky View Estate.

The financial period end of Sky View Estate is 31 December 2013. The profit for the financial period of Sky View Estate was £3,129 and the aggregate amount of capital and reserves at the end of the period was £82,035.

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
20,000 Ordinary shares of £1 each	20,000	20,000