Accounts Submission

Accounts Submission

KERNEXIONS LIMITED - Company Information

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KERNEXIONS LIMITED

Company Registration Number:
SC340490 (Scotland)

Unaudited micro entity accounts for the year ended 05 April 2020

Period of accounts

Start date: 06 April 2019

End date: 05 April 2020

Page 1

KERNEXIONS LIMITED

Contents of the Financial Statements

for the Period Ended 05 April 2020

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Footnotes to the Balance Sheet - 8

Page 2

KERNEXIONS LIMITED

Company Information

for the Period Ended 05 April 2020




Director: Neal Kerr
Registered office: Summit House
4-5 Mitchell Street
Edinburgh
GB-SCT
EH6 7BD
Company Registration Number: SC340490 (Scotland)

Page 3

KERNEXIONS LIMITED

Directors' Report Period Ended 05 April 2020

The directors present their report with the financial statements of the company for the period ended 05 April 2020

Principal Activities

The company's principal activity during the reporting period was for the provision of project engineer support to the Ministry of Defence.

Political and charitable donations

None.

Company policy on the employment of disabled persons

It is the policy of Kernexions Limited to employ people with the right attitude and not just the right skills. The company is and shall continue to be committed to recruiting and training employees on the basis of competency and performance irrespective of age or disability.

Directors

The directors shown below have held office during the whole of the period from 06 April 2019 to 05 April 2020
Neal Kerr

This report was approved by the board of directors on 30 December 2020
And Signed On Behalf Of The Board By:

Name: Neal Kerr
Status: Director

Page 4

KERNEXIONS LIMITED

Profit and Loss Account

for the Period Ended 05 April 2020


2020
£
2019
£
Turnover 15,000 127,192
Other Income 1,788 5,860
Cost of Materials ( 0 ) ( 0 )
Staff Costs ( 3,260 ) ( 6,966 )
Depreciation and Writeoffs ( 12,078 ) ( 12,077 )
Other charges ( 16,507 ) ( 28,388 )
Tax on Profit ( 0 ) ( 16,268 )
Profit or (Loss) for Period ( 15,057 ) 69,353

Page 5

KERNEXIONS LIMITED

Balance sheet

As at 05 April 2020


2020
£
2019
£
Called up share capital not paid: 0 0
FixedAssets: 58,707 70,256
Current assets: 110,117 159,543
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 1,865 ) ( 20,740 )
Net current assets (liabilities): 108,252 138,803
Total assets less current liabilities: 166,959 209,059
Creditors: amounts falling due after more than one year: ( 0 ) ( 0 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 166,959 209,059
Capital and reserves: 166,959 209,059

Page 6

KERNEXIONS LIMITED

Balance sheet continued

For the year ending 5 April 2020 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 30 December 2020
And Signed On Behalf Of The Board By:

Name: Neal Kerr
Status: Director

The notes form part of these financial statements

Page 7

KERNEXIONS LIMITED

Footnotes to the Financial Statements

for the Period Ended 05 April 2020

  • 1. Employee Information

    Average number of employees: 1

Page 8

KERNEXIONS LIMITED

Footnotes to the Financial Statements

for the Period Ended 05 April 2020

  • 2. Off balance sheet disclosure

    No

Page 9