A G KELLY LTD |
Registered number: |
04423234 |
Abbreviated Balance Sheet |
as at 30 September 2015 |
|
Notes |
|
|
2015 |
|
|
2014 |
£ |
£ |
Fixed assets |
Intangible assets |
2 |
|
|
- |
|
|
1,808 |
Tangible assets |
3 |
|
|
5,908 |
|
|
17,355 |
|
|
|
|
5,908 |
|
|
19,163 |
|
Current assets |
Debtors |
|
|
20,582 |
|
|
62,264 |
Cash at bank and in hand |
|
|
83,411 |
|
|
21,060 |
|
|
|
103,993 |
|
|
83,324 |
|
Creditors: amounts falling due within one year |
|
|
(15,600) |
|
|
(15,148) |
|
Net current assets |
|
|
|
88,393 |
|
|
68,176 |
|
Net assets |
|
|
|
94,301 |
|
|
87,339 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
4 |
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
94,201 |
|
|
87,239 |
|
Shareholder's funds |
|
|
|
94,301 |
|
|
87,339 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
The director acknowledges his 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. |
|
|
|
ANTHONY KELLY |
Director |
Approved by the board on 24 March 2016 |
|
A G KELLY LTD |
Notes to the Abbreviated Accounts |
for the year ended 30 September 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 |
|
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% reducing balance |
|
Motor vehicles |
20% reducing balance |
|
|
Intangible fixed assets |
|
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impaired of intangible assets is reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable. |
|
|
2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 October 2014 |
18,035 |
|
At 30 September 2015 |
18,035 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 October 2014 |
16,227 |
|
Provided during the year |
1,808 |
|
At 30 September 2015 |
18,035 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2015 |
- |
|
At 30 September 2014 |
1,808 |
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 October 2014 |
33,052 |
|
Additions |
430 |
|
Disposals |
(13,000) |
|
At 30 September 2015 |
20,482 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 October 2014 |
15,697 |
|
Charge for the year |
1,477 |
|
On disposals |
(2,600) |
|
At 30 September 2015 |
14,574 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2015 |
5,908 |
|
At 30 September 2014 |
17,355 |
|
|
|
|
|
|
|
|
4 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|