Kellands (Central UK) Limited - Limited company - abbreviated - 11.0.0

KELLANDS (CENTRAL UK) LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTOR:

S M C Kelland

SECRETARY:

C A Rowley

REGISTERED OFFICE:

Kelland House

Quays Office Park

Conference Avenue

Portishead

Bristol

BS20 7LZ

REGISTERED NUMBER:

04066158 (England and Wales)

ACCOUNTANTS:

T P Lewis & Partners

Chartered Accountants

3/5 College Street

Burnham on Sea

Somerset

TA8 1AR

BANKERS:

HSBC Bank plc

The Cross

Gloucester

Gloucestershire

GL1 2AB

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to six)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Kellands (Central UK) Limited for the year ended 31 December 2013 which comprise the Profit

and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information

and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject

to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Kellands (Central UK) Limited in accordance with our terms of engagement.

Our work has been undertaken solely to prepare for your approval the financial statements of Kellands (Central UK)

Limited and state those matters that we have agreed to state to the director of Kellands (Central UK) Limited in this

report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do

not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Kellands (Central UK) Limited has kept adequate accounting records and to prepare

statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of

Kellands (Central UK) Limited. You consider that Kellands (Central UK) Limited is exempt from the statutory audit

requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Kellands (Central UK)

Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

T P Lewis & Partners

Chartered Accountants

3/5 College Street

Burnham on Sea

Somerset

TA8 1AR

30 July 2014

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

6,205

4,482

Investments

4

1

1

6,206

4,483

CURRENT ASSETS

Debtors

166,635

196,469

Cash at bank

13,784

16,767

180,419

213,236

CREDITORS

Amounts falling due within one year

30,278

39,877

NET CURRENT ASSETS

150,141

173,359

TOTAL ASSETS LESS CURRENT LIABILITIES

156,347

177,842

CAPITAL AND RESERVES

Called up share capital

5

984

984

Profit and loss account

155,363

176,858

SHAREHOLDERS' FUNDS

156,347

177,842

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 29 July 2014 and were signed by:

S M C Kelland - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The company and its subsidiary undertaking comprise a group. The company has taken advantage of the

exemption provided by the Companies Act 2006 not to prepare group accounts on the basis that inclusion of the

subsidiary is not material for the purpose of a true and fair view. The accounts therefore present the information

about the company as an individual undertaking and not about its group.

The financial statements have been prepared on the going concern basis which assumes that the company will

continue in operational existence for the foreseeable future. The company has the financial support of the

directors and other associated companies. Should the going concern basis of preparation of the financial

statements be found inappropriate, certain assets may need revaluing and further liabilities provided for, both

potential adjustments having consequent effects on the profit and loss account. The financial statements do not

include any such adjustments.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with

applicable accounting standards.The accounts have also been prepared in accordance with the going concern

basis. The balance sheet shows liabilities outweigh total assets however, the company has the support of the

directors and the bank and this basis is therefore appropriate.

Turnover

Turnover represents the amount derived from the provision of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all 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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

8,181

AMORTISATION

At 1 January 2013

and 31 December 2013

8,181

NET BOOK VALUE

At 31 December 2013

-

At 31 December 2012

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

96,487

Additions

4,364

At 31 December 2013

100,851

DEPRECIATION

At 1 January 2013

92,005

Charge for year

2,641

At 31 December 2013

94,646

NET BOOK VALUE

At 31 December 2013

6,205

At 31 December 2012

4,482

4.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2013

and 31 December 2013

1

NET BOOK VALUE

At 31 December 2013

1

At 31 December 2012

1

The company's investments at the balance sheet date in the share capital of companies include the following:

Kelland & Partners (Trustee) Limited

Nature of business: Non-trading company

%

Class of shares:

holding

Ordinary £1

100.00

2013

2012

£

£

Aggregate capital and reserves

1

1

5.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2013

2012

value:

£

£

40,000

Ordinary

1p

400

400

58,350

Ordinary "A"

1p

584

584

984

984

6.	ULTIMATE CONTROLLING PARTY

Carole Ann is the ultimate controlling party