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 2016

KN ESTATES LIMITED Registered Number 08474193

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 576,325 550,000
576,325 550,000
Current assets
Cash at bank and in hand 2,579 3,763
2,579 3,763
Creditors: amounts falling due within one year (200,736) (549,704)
Net current assets (liabilities) (198,157) (545,941)
Total assets less current liabilities 378,168 4,059
Creditors: amounts falling due after more than one year (347,590) -
Total net assets (liabilities) 30,578 4,059
Capital and reserves
Called up share capital 1 1
Profit and loss account 30,577 4,058
Shareholders' funds 30,578 4,059
  • For the year ending 30 April 2016 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 2017

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 2016

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 comprises the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts

2Tangible fixed assets
£
Cost
At 1 May 2015 550,000
Additions 29,250
Disposals -
Revaluations -
Transfers -
At 30 April 2016 579,250
Depreciation
At 1 May 2015 -
Charge for the year 2,925
On disposals -
At 30 April 2016 2,925
Net book values
At 30 April 2016 576,325
At 30 April 2015 550,000