REGISTERED NUMBER: 03300084 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

KILRUSH CONSULTANCY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr J N G Penn ACIB

Mrs C G Penn AMIMC

SECRETARY:

Mr J N G Penn ACIB

REGISTERED OFFICE:

Thistle Down Barn

Holcot Lane

Sywell

Northampton

Northamptonshire

NN6 0BG

REGISTERED NUMBER:

03300084 (England and Wales)

ACCOUNTANTS:

Elsby & Company Ltd

Thistle Down Barn

Holcot Lane

Sywell

Northampton

Northamptonshire

NN6 0BG

FIXED ASSETS

Tangible assets

2

1,570

2,688

CURRENT ASSETS

Debtors

3

52,192

61,529

Cash at bank and in hand

23,575

47,148

75,767

108,677

CREDITORS

Amounts falling due within one year

15,887

32,931

NET CURRENT ASSETS

59,880

75,746

TOTAL ASSETS LESS CURRENT LIABILITIES

61,450

78,434

CAPITAL AND RESERVES

Called up share capital

4

1,000

1,000

Profit and loss account

60,450

77,434

SHAREHOLDERS' FUNDS

61,450

78,434

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 directors acknowledge their 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 Board of Directors on 3 July 2014 and were signed on its behalf by:

Mrs C G Penn AMIMC - Director

Mr J N G Penn ACIB - Director

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 goods, 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 & computer 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

28,886

Additions

481

At 31 December 2013

29,367

DEPRECIATION

At 1 January 2013

26,198

Charge for year

1,599

At 31 December 2013

27,797

NET BOOK VALUE

At 31 December 2013

1,570

At 31 December 2012

2,688

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 43,368 (2012 - £ 42,940 )

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

1,000

Ordinary

£1

1,000

1,000

5.	RELATED PARTY DISCLOSURES

During the year, total dividends of £51,000 were paid to the directors .

Kilrush Estates Limited

A company in which Mr J N G Penn and Mrs C G Penn are directors and

The loan is unsecured, interest bearing and there are no fixed terms of repayment.

Interest charged on the loan during the year amounted to £429 (2012: £429).

2013

2012

£

£

Amount due from related party at the balance sheet date

43,369

42,939

Mrs C G Penn AMIMC

A director and shareholder of the company

2013

2012

£

£

Amount due to related party at the balance sheet date

1,209

3,997

Mr J N G Penn ACIB

A director and shareholder of the company

2013

2012

£

£

Amount due to related party at the balance sheet date

750

3,700

6.

CONTROL

The company is under the control of the directors who own the entire issued share capital.