Abbreviated Company Accounts - KN ESTATES LIMITED

Abbreviated Company Accounts - KN ESTATES LIMITED

KN ESTATES LIMITED - Company Information

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Registered Number 08474193

KN ESTATES LIMITED

Abbreviated Accounts

30 April 2015

KN ESTATES LIMITED Registered Number 08474193

Abbreviated Balance Sheet as at 30 April 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 550,000 -
550,000 -
Current assets
Cash at bank and in hand 3,763 3,177
3,763 3,177
Creditors: amounts falling due within one year (4,704) (3,200)
Net current assets (liabilities) (941) (23)
Total assets less current liabilities 549,059 (23)
Creditors: amounts falling due after more than one year (545,000) -
Total net assets (liabilities) 4,059 (23)
Capital and reserves
Called up share capital 1 1
Profit and loss account 4,058 (24)
Shareholders' funds 4,059 (23)
  • For the year ending 30 April 2015 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 31 January 2016

And signed on their behalf by:
Mr N Oates, Director

KN ESTATES LIMITED Registered Number 08474193

Notes to the Abbreviated Accounts for the period ended 30 April 2015

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 represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
No depreciation on Buildings

2Tangible fixed assets
£
Cost
At 1 May 2014 -
Additions 550,000
Disposals -
Revaluations -
Transfers -
At 30 April 2015 550,000
Depreciation
At 1 May 2014 -
Charge for the year -
On disposals -
At 30 April 2015 -
Net book values
At 30 April 2015 550,000
At 30 April 2014 -