Registered Number 05148866
1 1 K V LIMITED
Abbreviated Accounts
30 June 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Investments | 3 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital |
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Revaluation reserve |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Plant & Machinery - 25% straight line
Fixtures & Fittings - 25% straight line
Motor Vehicles - 25% straight line
Computer Equipment - 25% straight line
Other accounting policies
The company was under the control of Mr K G Hann throughout the current and previous year. Mr K G Hann is the sole director and shareholder.
During the year the company paid fees of £11,500 to Power Projects Racing Limited, a company controlled by the director. No other transactions with related parties were undertaken such as are required to be disclosed under the Financial Reporting Standard for Smaller Entities.
£ | |
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Cost | |
At 1 July 2013 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 June 2014 |
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Depreciation | |
At 1 July 2013 |
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Charge for the year |
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On disposals |
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At 30 June 2014 |
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Net book values | |
At 30 June 2014 | 20,573 |
At 30 June 2013 | 21,877 |
3
Fixed assets Investments
Available For Sale Investments
£
COST OR VALUATION
At 1st July 2013 31,764
Revaluations 2,082
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At 30th June 2014 33,846
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NET BOOK VALUE
At 30th June 2014 33,846
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At 30th June 2013 31,764
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