xbrl

2013-04-012014-03-3107327522falsetruehttp://www.companieshouse.gov.uk/cd:Director12013-04-012014-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12013-04-012014-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22013-04-012014-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22014-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12013-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22013-03-31http://www.companieshouse.gov.uk/2012-04-012013-03-31http://www.companieshouse.gov.uk/2013-04-012014-03-31http://www.companieshouse.gov.uk/2013-03-31http://www.companieshouse.gov.uk/2014-03-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2013-04-012014-03-31http://www.companieshouse.gov.uk/2013-03-31iso4217:GBPxbrli:sharesxbrli:pure


Registered number: 07327522






A.C. and K.H. Associates Limited


ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014
























Prepared By:
Pritchard & Co
Chartered Certified Accountants
Ffynnonddofn
74 High Steet
Fishguard
Pembrokeshire
SA65 9AU


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 31 March 2014

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 07327522


Registered Number: 07327522

BALANCE SHEET AT 31 MARCH 2014

			2014		2013
	Notes		£		£


CURRENT ASSETS
Debtors (amounts falling due within one year)	2	45,000		25,000
Cash at bank and in hand		8,758		139,829
		53,758		164,829
CREDITORS: Amounts falling due within one year		364,398		500,482
NET CURRENT LIABILITIES			(310,640)		(335,653)
TOTAL ASSETS LESS CURRENT LIABILITIES			(310,640)		(335,653)

CAPITAL AND RESERVES

Called up share capital	3		5,510		5,510
Profit and loss account			(316,150)		(341,163)
SHAREHOLDERS' FUNDS			(310,640)		(335,653)

For the year ending 31 March 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the board on 20 June 2014 and signed on their behalf by




Mr A Rees
Director




2. DEBTORS	2014	2013
	£	£

Amounts falling due within one year:
Other debtors	45,000	25,000
	45,000	25,000




3. SHARE CAPITAL	2014	2013
	£	£
Allotted, issued and fully paid:
10 Ordinary shares of £1 each	10	10
550000 Class E ordinary shares of £1 each	5500	5500
	5,510	5,510




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).




1b. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1c. Pension Costs
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.




1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




1e. Employer Financed Retirement Benefit Schemeefrbs
During 2012-13 the Company established an employer financed retirement benefit scheme for the benefit of its officers, employees and their wider families, The A.C. and K.H. Associates Limited 2012 EFRBS ("the Scheme").
In accordance with UITF Abstract 32 "Employee Benefit Trusts and other intermediate payment arrangements", the Company does not include the assets and liabilities of the Scheme on its balance sheet to the extent that it considers that it will not retain any future economic benefit from the assets of the Scheme and will not have control of the rights ot other access to those future economic benefits.




4. RELATED PARTY TRANSACTIONS
The directors have withdrawn £135,036 from (2013 - advanced £494,297 to) their loan to the company during the year; the balance due to the directors at the year end was £364,346 (2013 - £499,382).




5. CONTROLLING PARTY
The company is controlled by Mr A C Rees, director, on account of his holding 90% of the ordinary share capital.