Abbreviated Company Accounts - A & K KENNEDY LIMITED

06442392 A & K KENNEDY LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 06442392 2015-04-01 2016-03-31 06442392 2016-03-31 06442392 2015-03-31 06442392 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 06442392 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 06442392

A & K KENNEDY LIMITED

Abbreviated Accounts

31 March 2016

A & K KENNEDY LIMITED Registered Number 06442392

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	6,475	8,632
		6,475	8,632
Current assets
Debtors		80,445	51,274
Cash at bank and in hand		3,776	15,052
		84,221	66,326
Creditors: amounts falling due within one year		(48,122)	(45,644)
Net current assets (liabilities)		36,099	20,682
Total assets less current liabilities		42,574	29,314
Creditors: amounts falling due after more than one year		(29,000)	(29,000)
Total net assets (liabilities)		13,574	314
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		12,574	(686)
Shareholders' funds		13,574	314

For the year ending 31 March 2016 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 7 December 2016

And signed on their behalf by:
Alan KENNEDY, Director

A & K KENNEDY LIMITED Registered Number 06442392

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant and machinery - 25% Reducing balance
Fixtures, fittings and equipment - 25% Reducing balance
Motor vehicles - 25% Reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2015	40,643
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	40,643
Depreciation
At 1 April 2015	32,011
Charge for the year	2,157
On disposals	-
At 31 March 2016	34,168
Net book values
At 31 March 2016	6,475
At 31 March 2015	8,632

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1,000 Ordinary shares of £1 each	1,000	1,000