Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
K G Ell Decorations Limited
(Registration number: 04509037)
Abbreviated Balance Sheet at 30 September 2015
Note |
2015
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2014
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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Stock and work in progress |
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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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1
K G Ell Decorations Limited
(Registration number: 04509037)
Abbreviated Balance Sheet at 30 September 2015
......... continued
Approved by the director on
.........................................
Mr K G Ell
Director
2
K G Ell Decorations Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 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 |
Plant and machinrey |
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Motor vehicles |
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Stock
Deferred tax
K G Ell Decorations Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2015
......... continued
Hire purchase and leasing
Financial instruments
Pensions
K G Ell Decorations Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2015
......... continued
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 October 2014 |
25,000 |
37,304 |
62,304 |
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Additions |
- |
4,107 |
4,107 |
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At 30 September 2015 |
25,000 |
41,411 |
66,411 |
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Depreciation |
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At 1 October 2014 |
25,000 |
24,807 |
49,807 |
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Charge for the year |
- |
4,151 |
4,151 |
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At 30 September 2015 |
25,000 |
28,958 |
53,958 |
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Net book value |
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At 30 September 2015 |
- |
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At 30 September 2014 |
- |
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Related party transactions |
Other related party transactions |
During the year the company made the following related party transactions: |
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