Abbreviated Company Accounts - KIRK & RANDALL LTD

KIRK & RANDALL LTD - Company Information

Registered Number 04471537

KIRK & RANDALL LTD

Abbreviated Accounts

31 December 2015

KIRK & RANDALL LTD Registered Number 04471537

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	169,271	93,497
Investments		-	-
		169,271	93,497
Current assets
Stocks		1,641,326	808,941
Debtors		1,170,203	1,057,636
Investments		-	-
Cash at bank and in hand		511	617
		2,812,040	1,867,194
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(189,869)	(136,719)
Net current assets (liabilities)		2,622,171	1,730,475
Total assets less current liabilities		2,791,442	1,823,972
Creditors: amounts falling due after more than one year		(4,697,080)	(3,466,883)
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		(1,905,638)	(1,642,911)
Capital and reserves
Called up share capital		1	1
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		(1,905,639)	(1,642,912)
Shareholders' funds		(1,905,638)	(1,642,911)

For the year ending 31 December 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 30 September 2016

And signed on their behalf by:
C D P Vaughan, Director

KIRK & RANDALL LTD Registered Number 04471537

Notes to the Abbreviated Accounts for the period ended 31 December 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 20% straight line
Motor vehicles 25% straight line

2Tangible fixed assets

	£
Cost
At 1 January 2015	224,842
Additions	151,864
Disposals	0
Revaluations	0
Transfers	0
At 31 December 2015	376,706
Depreciation
At 1 January 2015	131,345
Charge for the year	76,090
On disposals	0
At 31 December 2015	207,435
Net book values
At 31 December 2015	169,271
At 31 December 2014	93,497