KEG_ASSET_FINANCE_LTD - Accounts

KEG ASSET FINANCE LIMITED - Company Information

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Company Registration No. 06666895 (England and Wales)

KEG ASSET FINANCE LTD

UNAUDITED ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2016

KEG ASSET FINANCE LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

KEG ASSET FINANCE LTD

ABBREVIATED BALANCE SHEET

AS AT

31 JANUARY 2016

- 1 -

2016

2015

Notes

Current assets

Debtors

325,375

Cash at bank and in hand

420

382

325,795

325,757

Creditors: amounts falling due within one year

(519)

(386)

Total assets less current liabilities

325,276

325,371

Creditors: amounts falling due after more than one year

(48,271)

(48,162)

277,005

277,209

Capital and reserves

Called up share capital

280,000

Profit and loss account

(2,995)

(2,791)

Shareholders' funds

277,005

277,209

For the financial year ended 31 January 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 31 October 2016

Mr G Connolly

Director

Company Registration No. 06666895

KEG ASSET FINANCE LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The directors, having regard to the nature, size and complexity of the business, have assessed the financial risks affecting the company and its operations for the 12 months from the approval of the financial statements and consider it appropriate to prepare the financial statements on a going concern basis.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Debtors

Debtors include an amount of £325,000 (2015 - £325,000) which is due after more than one year.

Share capital

2016

2015

Allotted, called up and fully paid

280,000 Ordinary of £1 each

280,000