K D Engineering Services Limited - Limited company - abbreviated

REGISTERED NUMBER: 04635662 (England and Wales)

Abbreviated Unaudited Accounts

For The Year Ended 31 March 2014

for

K D Engineering Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

K D Thomas

D G Thomas

Mrs P A Thomas

SECRETARY:

Mrs P A Thomas

REGISTERED OFFICE:

11 St Mary's Way

Weedon

Northamptonshire

NN7 4QL

REGISTERED NUMBER:

04635662 (England and Wales)

ACCOUNTANTS:

Cottons Accountants LLP

Regency House

3 Albion Place

Northampton

Northants

NN1 1UD

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

13,988

2,102

13,988

2,102

CURRENT ASSETS

Stocks

700

750

Debtors

10,715

5,015

Cash at bank

6,595

20,198

18,010

25,963

CREDITORS

Amounts falling due within one year

14,012

12,738

NET CURRENT ASSETS

3,998

13,225

TOTAL ASSETS LESS CURRENT
LIABILITIES

17,986

15,327

CREDITORS

Amounts falling due after more than one
year

(8,488

)

-

PROVISIONS FOR LIABILITIES

(2,429

)

-

NET ASSETS

7,069

15,327

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

6,969

15,227

SHAREHOLDERS' FUNDS

7,069

15,327

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 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 31 August 2014 and were signed on its behalf by:

K D Thomas - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

30,000

AMORTISATION

At 1 April 2013

and 31 March 2014

30,000

NET BOOK VALUE

At 31 March 2014

-

At 31 March 2013

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

27,307

Additions

16,550

At 31 March 2014

43,857

DEPRECIATION

At 1 April 2013

25,205

Charge for year

4,664

At 31 March 2014

29,869

NET BOOK VALUE

At 31 March 2014

13,988

At 31 March 2013

2,102

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/14

31/3/13

value:

£

100

Ordinary

£1

100