Registration number:
trading as
Unaudited Abbreviated Accounts
for the Year Ended
A Kitching and Sons Ltd
trading as A KItching and Sons Ltd
Contents
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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 6 ) have been prepared.
Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
A Kitching and Sons Ltd
trading as A KItching and Sons Ltd
for the Year Ended 30 November 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of A Kitching and Sons Ltd for the year ended 30 November 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 A Kitching and Sons 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 A Kitching and Sons 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 A Kitching and Sons Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that A Kitching and Sons 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 A Kitching and Sons Ltd. You consider that A Kitching and Sons 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 A Kitching and Sons 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.
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Darnbrough & Co Ltd
8 York Place
Knaresborough
North Yorkshire
HG5 0AA
24 March 2017
A Kitching and Sons Ltd
trading as A KItching and Sons Ltd
(Registration number: 09327115)
Abbreviated Balance Sheet at 30 November 2016
Note |
30 November 2016
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30 November 2015
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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 assets |
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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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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 Board on
2
A Kitching and Sons Ltd
trading as A KItching and Sons Ltd
(Registration number: 09327115)
Abbreviated Balance Sheet at 30 November 2016
......... continued
.........................................
Mr Peter Kitching
Director
3
A Kitching and Sons Ltd
trading as A KItching and Sons Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 November 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 |
Motor Vehicles |
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Plant and machinery |
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Stock and work in progress
Hire purchase and leasing
Financial instruments
A Kitching and Sons Ltd
trading as A KItching and Sons Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 November 2016
......... continued
Fixed assets |
Tangible assets
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Total
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Cost |
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At 1 December 2015 |
53,996 |
53,996 |
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Additions |
3,823 |
3,823 |
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Disposals |
(2,168) |
(2,168) |
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At 30 November 2016 |
55,651 |
55,651 |
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Depreciation |
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At 1 December 2015 |
11,739 |
11,739 |
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Charge for the year |
9,366 |
9,366 |
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Eliminated on disposals |
(325) |
(325) |
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At 30 November 2016 |
20,780 |
20,780 |
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Net book value |
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At 30 November 2016 |
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At 30 November 2015 |
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Creditors |
Creditors includes the following liabilities, on which security has been given by the company:
30 November 2016
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30 November 2015
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Amounts falling due within one year |
9,250 |
10,293 |
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Amounts falling due after more than one year |
7,400 |
16,650 |
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Total secured creditors |
16,650 |
26,943 |
Share capital |
Allotted, called up and fully paid shares
30 November 2016 |
30 November 2015 |
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No. |
£ |
No. |
£ |
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A Kitching and Sons Ltd
trading as A KItching and Sons Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 November 2016
......... continued
Related party transactions |
Directors' advances and credits |
Year ended 30 November 2016 |
Year ended 30 November 2016 |
25 November 2014 to 30 November 2015 |
25 November 2014 to 30 November 2015 |
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Mr Paul Kitching |
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- |
- |
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- |
9,723 |
- |
21,531 |
9,723 |
9,723 |
- |
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Mr Peter Kitching |
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- |
- |
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- |
22,583 |
- |
43,721 |
22,583 |
22,583 |
- |
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