Registered number
K Risk Limited
Abbreviated Accounts
30 November 2015
K Risk Limited
Registered number: SC463071
Abbreviated Balance Sheet
as at 30 November 2015
Notes 2015 2014
£ £
Current assets
Debtors 16,600 3,882
Cash at bank and in hand 624 449
17,224 4,331
Creditors: amounts falling due within one year (20,437) (4,143)
Net current (liabilities)/assets (3,213) 188
Net (liabilities)/assets (3,213) 188
Capital and reserves
Called up share capital 2 100 100
Profit and loss account (3,313) 88
Shareholders' funds (3,213) 188
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.
Mr G Kennedy
Approved by the board on 14 April 2016
K Risk Limited
Notes to the Abbreviated Accounts
for the year ended 30 November 2015
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 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.
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.
2 Share capital Nominal 2015 2015 2014
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 100 100 100
Nominal Number Amount
value £
Shares issued during the period:
Ordinary shares £1 each 100 100
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