Knexus Group Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07791056 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2014

for

Knexus Group Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

G E Foux

REGISTERED OFFICE:

Heydon Lodge

Flint Cross

Newmarket Road

Royston

Hertfordshire

SG8 7PN

REGISTERED NUMBER:

07791056 (England and Wales)

ACCOUNTANTS:

Ashcroft Anthony Limited

Chartered Accountants

Heydon Lodge

Flint Cross

Newmarket Road

Royston

Hertfordshire

SG8 7PN

CURRENT ASSETS

Debtors

3

462,980

98

Investments

2

2

TOTAL ASSETS LESS CURRENT LIABILITIES

462,982

100

CAPITAL AND RESERVES

Called up share capital

4

120

100

Share premium

462,862

-

SHAREHOLDERS' FUNDS

462,982

100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 29 September 2015 and were signed by:

G E Foux - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

The company was dormant throughout the current year and previous year.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	FIXED ASSET INVESTMENTS

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Knexus EMEA Limited

Nature of business: Provision of Cloud software

%

Class of shares:

holding

Ordinary

100.00

31.12.14

31.12.13

£

£

Aggregate capital and reserves

(32,433

)

(98,400

)

Profit/(loss) for the year

65,967

(39,688

)

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 462,980 (2013 - £ 98 )

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

120

Ordinary

£1

120

100

During the year the company issued 8 Ordinary £1 shares for par value and 12 Ordinary £1 shares for total

consideration of £500,000.

Share premium represents £499,988 less £37,126 cost associated with share subscription.