Kilpatrick PR Limited - Abbreviated accounts

KILPATRICK PR LIMITED - Company Information

Registered number

04234620

Kilpatrick PR Limited

Abbreviated Accounts

31 October 2016

Kilpatrick PR Limited
Registered number:		04234620
Abbreviated Balance Sheet
as at 31 October 2016

Notes			2016			2015
£				£
Fixed assets
Intangible assets	2		1			1
Tangible assets	3		23,666			27,433
			23,667			27,434

Current assets
Debtors		278,319			277,221
Cash at bank and in hand		207,205			173,751
		485,524			450,972

Creditors: amounts falling due within one year		(158,191)			(224,498)

Net current assets			327,333			226,474

Total assets less current liabilities			351,000			253,908


Provisions for liabilities			(4,039)			(4,899)


Net assets			346,961			249,009

Capital and reserves
Called up share capital	4		99			99
Share premium			1			1
Capital redemption reserve			1			1
Profit and loss account			346,860			248,908

Shareholders' funds			346,961			249,009

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Caroline Kilpatrick
Director
Approved by the board on 15 June 2017

Kilpatrick PR Limited
Notes to the Abbreviated Accounts
for the year ended 31 October 2016

1	Accounting policies

	Basis of preparation
	The accounts 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 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.

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

	Plant and machinery			25% reducing balance


	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

	Pensions
	The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.


2	Intangible fixed assets					£

	Cost
	At 1 November 2015					1
	At 31 October 2016					1

	Amortisation
	At 31 October 2016					-

	Net book value
	At 31 October 2016					1
	At 31 October 2015					1


3	Tangible fixed assets					£

	Cost
	At 1 November 2015					71,972
	Additions					3,599
	At 31 October 2016					75,571

	Depreciation
	At 1 November 2015					44,539
	Charge for the year					7,366
	At 31 October 2016					51,905

	Net book value
	At 31 October 2016					23,666
	At 31 October 2015					27,433


4	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£0.01 each		21,000		21		21
	B Ordinary shares	£0.01 each		78,000		78		78
						99		99