Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Kennington Developments Ltd
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The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 5 ) have been prepared.
Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Kennington Developments Ltd
for the Year Ended 30 September 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Kennington Developments Ltd for the year ended 30 September 2016 set out on pages from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW) , we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/ .
This report is made solely to the Board of Directors of Kennington Developments Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Kennington Developments Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kennington Developments Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Kennington Developments Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Kennington Developments Ltd. You consider that Kennington Developments Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Kennington Developments Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Robinson Rice Associates Limited
Chartered Accountants, Statutory Auditors & Chartered Tax Advisors
49 Station Road
Ainsdale
Merseyside
PR8 3HH
6 January 2017
Kennington Developments Ltd
(Registration number: 05235934)
Abbreviated Balance Sheet at 30 September 2016
Note |
2016 |
2015 |
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£ |
£ |
£ |
£ |
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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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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( |
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Net current liabilities |
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( |
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Total assets less current liabilities |
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( |
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( |
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Creditors: Amounts falling due after more than one year |
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( |
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( |
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Net liabilities |
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( |
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( |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
( |
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( |
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Shareholders' deficit |
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( |
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( |
2
Kennington Developments Ltd
(Registration number: 05235934)
Abbreviated Balance Sheet at 30 September 2016
......... continued
Approved by the director on
Mr R T Hughes
Director
3
Kennington Developments Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued
Accounting policies |
Basis of preparation
Turnover
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Investment Properties |
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Office equipment |
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Deferred tax
Fixed assets |
Tangible assets
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Total
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Cost |
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At 1 October 2015 |
53,773 |
53,773 |
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At 30 September 2016 |
53,773 |
53,773 |
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Depreciation |
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At 1 October 2015 |
3,397 |
3,397 |
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Charge for the year |
1,098 |
1,098 |
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At 30 September 2016 |
4,495 |
4,495 |
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Net book value |
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At 30 September 2016 |
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At 30 September 2015 |
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Debtors |
Debtors includes £25,500 (2015 - £25,500) receivable after more than one year.
Kennington Developments Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued
Creditors |
Included in the creditors are the following amounts due after more than five years:
2016
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2015
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After more than five years by instalments |
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Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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Related party transactions |
Director's advances and credits |
2016 |
2016 |
2015 |
2015 |
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Mr R T Hughes |
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228,837 |
10,486 |