Key Investments 2 Limited - Limited company - abbreviated - 11.6

Key Investments 2 Limited - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 06393559 (England and Wales)















KEY INVESTMENTS 2 LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014






KEY INVESTMENTS 2 LIMITED (REGISTERED NUMBER: 06393559)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014










Page

Company Information 1

Report of the Accountants 2

Abbreviated Balance Sheet 3

Notes to the Abbreviated Accounts 4

KEY INVESTMENTS 2 LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2014







DIRECTOR: Mr Pavendeep Panesar





SECRETARY: Mr Inderjit Panesar





REGISTERED OFFICE: 18 - 22 Stoney Lane
Yardley
Birmingham
West Midlands
B25 8YP





BUSINESS ADDRESS: 177 Foleshill Road
Coventry
West Midlands
CV1 4LF





REGISTERED NUMBER: 06393559 (England and Wales)





ACCOUNTANTS: Shareef & Co
Chartered Accountants
18 - 22 Stoney Lane
Yardley
Birmingham
West Midlands
B25 8YP

KEY INVESTMENTS 2 LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
KEY INVESTMENTS 2 LIMITED


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 four)
have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended
31 March 2014 set out on pages four to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to
fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Shareef & Co
Chartered Accountants
18 - 22 Stoney Lane
Yardley
Birmingham
West Midlands
B25 8YP


23 December 2014

KEY INVESTMENTS 2 LIMITED (REGISTERED NUMBER: 06393559)

ABBREVIATED BALANCE SHEET
31 MARCH 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 2,659,290 2,666,388

CURRENT ASSETS
Debtors 71,964 17,543
Cash at bank 11,681 4,601
83,645 22,144
CREDITORS
Amounts falling due within one year 2,917,161 2,918,013
NET CURRENT LIABILITIES (2,833,516 ) (2,895,869 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(174,226
)
(229,481
)

CAPITAL AND RESERVES
Called up share capital 3 200 200
Profit and loss account (174,426 ) (229,681 )
SHAREHOLDERS' FUNDS (174,226 ) (229,481 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 23 December 2014 and were signed by:





Mr Pavendeep Panesar - Director


KEY INVESTMENTS 2 LIMITED (REGISTERED NUMBER: 06393559)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014


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 April 2008).

Turnover
Turnover represents net invoiced sales of storage space, 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.

Plant and machinery - 5% on reducing balance
Fixtures and fittings - 5% on reducing balance

Deferred tax
Deferred tax is recognised, if material, in respect of all timing differences that have originated but not reversed
at the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2013 2,705,829
Additions 1,521
At 31 March 2014 2,707,350
DEPRECIATION
At 1 April 2013 39,441
Charge for year 8,619
At 31 March 2014 48,060
NET BOOK VALUE
At 31 March 2014 2,659,290
At 31 March 2013 2,666,388

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
200 Ordinary £1 200 200