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KONIX LIMITED - Company Information

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Konix Limited

Registered Number:08027489

For the year ended 30 April 2021

England and Wales

Unaudited Financial Statements

For the year ended 30 April 2021

Konix Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

Registered Number :

08027489

As at 30 April 2021

Konix Limited

Statement of Financial Position

2020

2021

Notes

Fixed assets

Property, plant and equipment

2,327

1,241

2,327

1,241

Current assets

Inventories

848

Trade and other receivables

90,997

159,120

220

Cash and cash equivalents

21,739

180,859

92,065

Trade and other payables: amounts falling due within one

year

(86,534)

(136,858)

5,531

44,001

Net current assets

Total assets less current liabilities

46,328

6,772

46,328

Net assets

6,772

Capital and reserves

Called up share capital

100

Retained earnings

46,228

6,672

46,328

6,772

Shareholders' funds

For the year ended 30 April 2021 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2021 in accordance with Section 476 of the Companies Act 2006

The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

F Rota Director

These financial statements were approved and authorised for issue by the Board on 26 January 2022 and were signed by:

The notes form part of these financial statements

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For the year ended 30 April 2021

Konix Limited

Notes to the Financial Statements

Statutory Information

Konix Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number

08027489.

Principal place of business:

43A The Coach House,St Mary's Business Centre

66-70 Bourne Road

Bexley

Kent

DA5 1LU

Registered address:

266-268 Wickham Road

Shirley

Croydon

CR0 8BJ

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover represents amounts receivable for services. Amounts receivable for services performed over time are based upon the stage of completion of the services performed.

Intangible assets

The intangible asset is the Company's website, which is being amortised over 3 years on a straight line basis.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

25% Reducing balance

Computer equipment

25% Reducing balance

Motor vehicles

Inventories

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

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For the year ended 30 April 2021

Konix Limited

Notes to the Financial Statements Continued

2. Intangible fixed assets

Website

Cost or valuation

At 01 May 2020

2,499

At 30 April 2021

2,499

Amortisation

At 01 May 2020

2,499

At 30 April 2021

2,499

Net book value

At 30 April 2021

At 30 April 2020

3. Property, plant and equipment

Computer

equipment

Cost or

valuation

At 01 May 2020

2,499

1,861

Additions

At 30 April 2021

4,360

Provision for depreciation and impairment

At 01 May 2020

1,258

Charge for year

775

At 30 April 2021

2,033

At 30 April 2021

Net book value

2,327

At 30 April 2020

1,241

4. Inventories

2020

2021

Stocks

848

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For the year ended 30 April 2021

Konix Limited

Notes to the Financial Statements Continued

5. Trade and other receivables

2020

2021

Trade debtors

152,714

88,706

Other debtors

6,406

2,291

90,997

159,120

6. Trade and other payables: amounts falling due within one year

2020

2021

Trade creditors

23,145

37,499

Taxation and social security

41,074

38,927

Other creditors

72,639

10,108

136,858

86,534

7. Average number of persons employed

During the year the average number of employees was 4 (2020 : 2)

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