Kendall & Davies Limited - Abbreviated accounts 16.1
Kendall & Davies Limited - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| KENDALL & DAVIES LIMITED |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| KENDALL & DAVIES LIMITED (REGISTERED NUMBER: 02942278) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 | to | 3 |
| Notes to the Abbreviated Accounts | 4 | to | 6 |
| KENDALL & DAVIES LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| KENDALL & DAVIES LIMITED (REGISTERED NUMBER: 02942278) |
| ABBREVIATED BALANCE SHEET |
| 31 MARCH 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| 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. |
| KENDALL & DAVIES LIMITED (REGISTERED NUMBER: 02942278) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 MARCH 2016 |
| The financial statements were approved by the Board of Directors on by: |
| KENDALL & DAVIES LIMITED (REGISTERED NUMBER: 02942278) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| 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 January 2015). |
| Turnover |
| Turnover represents revenue earned under a wide variety of contracts to provide professional services and advice |
| to third parties. |
| Revenue is recognised as earned when, and to the extent that, the firm obtains the right to consideration in |
| exchange for its performance under those contracts. |
| It is measured at the fair value of the right to consideration, which represents amounts chargeable to clients, |
| including recoverable expenses and disbursements, but excluding Value Added Tax. |
| For incomplete contracts, an assessment is made of the extent to which revenue has been earned. This |
| assessment takes into account the nature of the assignment, its stage of completion and the relevant contract |
| terms. |
| Revenue in respect of contingent fee arrangements is recognised when the contingent event occurs and the |
| recoverability of the fee is assured. |
| Unbilled revenue is included in debtors, under 'amounts recoverable on contract'. |
| Goodwill |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Computer equipment | - |
| Deferred tax |
| Deferred tax is recognised in respect of all material 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. |
| KENDALL & DAVIES LIMITED (REGISTERED NUMBER: 02942278) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2015 |
| and 31 March 2016 |
| AMORTISATION |
| At 1 April 2015 |
| Amortisation for year |
| At 31 March 2016 |
| NET BOOK VALUE |
| At 31 March 2016 |
| At 31 March 2015 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2015 |
| Additions |
| At 31 March 2016 |
| DEPRECIATION |
| At 1 April 2015 |
| Charge for year |
| At 31 March 2016 |
| NET BOOK VALUE |
| At 31 March 2016 |
| At 31 March 2015 |
| KENDALL & DAVIES LIMITED (REGISTERED NUMBER: 02942278) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| B Ordinary | £1 |
| C Ordinary | £1 |
| D Ordinary | £1 |
| E Ordinary | £1 |
| 400 | 200 |
| Allotted and issued: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Share capital 1 | £1 |
| The following shares were issued during the year for cash at par : |