Registration number:
trading as
for the Year Ended
Karen Campbell Limited
trading as Campbell & Galloway
Contents
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Karen Campbell Limited
trading as Campbell & Galloway
(Registration number: SC397657)
Abbreviated Balance Sheet at 31 May 2015
Note |
2015
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2014
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Fixed assets |
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Intangible fixed assets |
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Tangible fixed assets |
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Current assets |
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Stocks |
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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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Net current liabilities |
( |
( |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
- |
( |
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Provisions for liabilities |
( |
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Net assets |
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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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Shareholders' funds |
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Approved by the director on
Dr Karen Campbell
Director
1
Karen Campbell Limited
trading as Campbell & Galloway
Notes to the Abbreviated Accounts for the Year Ended 31 May 2015
......... continued
Accounting policies |
Basis of preparation
Turnover
Goodwill
Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.
Amortisation
Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Amortisation method and rate |
Goodwill |
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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 |
Motor vehicles |
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Fixtures and equipment |
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Leasehold improvements |
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Stock
Deferred tax
Hire purchase and leasing
Karen Campbell Limited
trading as Campbell & Galloway
Notes to the Abbreviated Accounts for the Year Ended 31 May 2015
......... continued
Financial instruments
Pensions
Fixed assets |
Intangible assets
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Tangible assets
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Total
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Cost |
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At 1 June 2014 |
208,650 |
80,317 |
288,967 |
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Additions |
- |
6,324 |
6,324 |
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At 31 May 2015 |
208,650 |
86,641 |
295,291 |
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Depreciation |
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At 1 June 2014 |
31,300 |
25,597 |
56,897 |
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Charge for the year |
10,433 |
9,302 |
19,735 |
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At 31 May 2015 |
41,733 |
34,899 |
76,632 |
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Net book value |
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At 31 May 2015 |
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At 31 May 2014 |
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Karen Campbell Limited
trading as Campbell & Galloway
Notes to the Abbreviated Accounts for the Year Ended 31 May 2015
......... continued
Share capital |
Allotted, called up and fully paid shares
2015 |
2014 |
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No. |
£ |
No. |
£ |
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