REGISTERED NUMBER: |
Report of the Director and |
Financial Statements for the Year Ended 30 April 2013 |
for |
A & K Sustain Ltd |
REGISTERED NUMBER: |
Report of the Director and |
Financial Statements for the Year Ended 30 April 2013 |
for |
A & K Sustain Ltd |
A & K Sustain Ltd (Registered number: 06217136) |
Contents of the Financial Statements |
for the Year Ended 30 April 2013 |
Page |
Company Information | 1 |
Report of the Director | 2 |
Profit and Loss Account | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 5 |
A & K Sustain Ltd |
Company Information |
for the Year Ended 30 April 2013 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
A & K Sustain Ltd (Registered number: 06217136) |
Report of the Director |
for the Year Ended 30 April 2013 |
The director presents her report with the financial statements of the company for the year ended 30 April 2013. |
PRINCIPAL ACTIVITY |
The principal activity of the company in the year under review was that of energy assessment. |
DIRECTOR |
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small |
companies. |
ON BEHALF OF THE BOARD: |
A & K Sustain Ltd (Registered number: 06217136) |
Profit and Loss Account |
for the Year Ended 30 April 2013 |
2013 | 2012 |
Notes | £ | £ |
TURNOVER |
Cost of sales |
GROSS PROFIT |
Administrative expenses |
OPERATING PROFIT | 2 |
Interest payable and similar charges | 3 |
PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION |
Tax on profit on ordinary activities | 4 |
PROFIT FOR THE FINANCIAL YEAR |
A & K Sustain Ltd (Registered number: 06217136) |
Balance Sheet |
30 April 2013 |
2013 | 2012 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 6 |
CURRENT ASSETS |
Debtors | 7 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 8 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 9 |
Profit and loss account | 10 |
SHAREHOLDERS' FUNDS |
The director acknowledges her 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 financial statements were approved by the director on |
A & K Sustain Ltd (Registered number: 06217136) |
Notes to the Financial Statements |
for the Year Ended 30 April 2013 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The director of the company has confirmed that the company is going concern and the financial statements has been prepared |
on the going concern basis. |
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 |
Plant and machinery | - |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
2. | OPERATING PROFIT |
The operating profit is stated after charging: |
2013 | 2012 |
£ | £ |
Depreciation - owned assets |
Director's remuneration |
3. | INTEREST PAYABLE AND SIMILAR CHARGES |
Interest payable and similar charges includes the following: |
2013 | 2012 |
£ | £ |
Bank interest | 7 | 4 |
4. | TAXATION |
Analysis of the tax charge |
The tax charge on the profit on ordinary activities for the year was as follows: |
2013 | 2012 |
£ | £ |
Current tax: |
UK corporation tax |
Tax on profit on ordinary activities |
5. | DIVIDENDS |
2013 | 2012 |
£ | £ |
Ordinary shares of £1 each |
Final | - | 2,500 |
A & K Sustain Ltd (Registered number: 06217136) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2013 |
6. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
£ |
COST |
At 1 May 2012 |
and 30 April 2013 |
DEPRECIATION |
At 1 May 2012 |
Charge for year |
At 30 April 2013 |
NET BOOK VALUE |
At 30 April 2013 |
At 30 April 2012 |
7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2013 | 2012 |
£ | £ |
Trade debtors | 280 | 1,926 |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2013 | 2012 |
£ | £ |
Tax |
Directors' current accounts | 122 | 980 |
Accrued expenses | 1,140 | 660 |
9. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2013 | 2012 |
value: | £ | £ |
Ordinary | £1 |
10. | RESERVES |
Profit |
and loss |
account |
£ |
At 1 May 2012 |
Profit for the year |
At 30 April 2013 |
A & K Sustain Ltd (Registered number: 06217136) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2013 |
11. | RELATED PARTY DISCLOSURES |
During the year under review the company had related party transactions with its director Mrs K Kerr. The company paid |
commission of £1,152 (2012: £6,000) to the director and subscription of £2,970 (2012: £3,011) were paid on her behalf. |
There were also interest free loans made to the company by the director. No dividend was paid for the year ended 30 April |
2013 (2012: £2,500) to the director of the company in her capacity as shareholder. |
At the close of business on 30 April 2013 the company owed the directors £122 (2012: £980) |
12. | ULTIMATE CONTROLLING PARTY |
The holding 100% of the share capital of the company. |