Khalsmith Limited - Limited company - abbreviated - 11.9
Khalsmith Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 March 2015 |
| for |
| Khalsmith Limited |
| Khalsmith Limited (Registered number: 05282501) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 March 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Khalsmith Limited |
| Company Information |
| for the Year Ended 31 March 2015 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Khalsmith Limited (Registered number: 05282501) |
| Abbreviated Balance Sheet |
| 31 March 2015 |
| 31.3.15 | 31.3.14 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| Investment property | 4 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
5 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Revaluation reserve |
| Profit and loss account | ( |
) |
| SHAREHOLDERS' FUNDS |
| 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. |
| Khalsmith Limited (Registered number: 05282501) |
| Abbreviated Balance Sheet - continued |
| 31 March 2015 |
| The financial statements were approved by the Board of Directors on by: |
| Khalsmith Limited (Registered number: 05282501) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 March 2015 |
| 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 rental income receivable, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes |
| in market value is transferred to a revaluation reserve. |
| 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 April 2014 |
| Additions |
| At 31 March 2015 |
| DEPRECIATION |
| At 1 April 2014 |
| Charge for year |
| At 31 March 2015 |
| NET BOOK VALUE |
| At 31 March 2015 |
| At 31 March 2014 |
| Khalsmith Limited (Registered number: 05282501) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 March 2015 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| Additions | 2 |
| At 31 March 2015 | 2 |
| NET BOOK VALUE |
| At 31 March 2015 |
| Loans |
| £ |
| Additions | 103,414 |
| At 31 March 2015 | 103,414 |
| 4. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST |
| At 1 April 2014 |
| Additions |
| Disposals | ( |
) |
| At 31 March 2015 |
| NET BOOK VALUE |
| At 31 March 2015 |
| At 31 March 2014 |
| 5. | CREDITORS |
| Creditors include an amount of £ |
| They also include the following debts falling due in more than five years: |
| 31.3.15 | 31.3.14 |
| £ | £ |
| Repayable otherwise than by instalments | 34,292 | 34,292 |
| Repayable by instalments | 30,101 | 51,773 |
| 64,393 | 86,065 |
| Khalsmith Limited (Registered number: 05282501) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 March 2015 |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.3.15 | 31.3.14 |
| value: | £ | £ |
| Ordinary | £1 |