Konix Ltd,Ltd - Accounts

KONIX LIMITED - Company Information

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Konix Ltd

For the year ended 30 April 2015

Unaudited Abbreviated Report and Financial Statements

England and Wales

Registered Number: 08027489

Contents Page

Konix Ltd

For the year ended 30 April 2015

Balance Sheet

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Notes to the Abbreviated Financial Statements

Abbreviated Balance Sheet

Konix Ltd

As at 30 April 2015

08027489

Registered Number :

2015

Notes

2014

Fixed assets

Tangible assets

3,330

4,440

3,330

4,440

Current assets

Debtors

45,162

7,545

45,162

Creditors: amounts falling due within one year

(34,471)

(8,267)

10,691

(722)

Net current liabilities

Total assets less current liabilities

2,608

15,131

2,608

Net assets

15,131

Capital and reserves

Called up share capital

100

Profit and loss account

2,508

15,031

2,608

15,131

Shareholders funds

For the year ended 30 April 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

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

The accounts have been prepared in accordance with the micro-entity provisions. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Date approved by the board: 15 September 2015

F Rota Director

Signed on behalf of the board of directors

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Notes to the Abbreviated Financial Statements

Konix Ltd

For the year ended 30 April 2015

1 Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

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

Operating lease rentals

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

Dividends

Proposed dividends are only included as liabilities in the financial statements when their payment has been approved

by the shareholders prior to the balance sheet date.

Tangible fixed assets

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:

Motor Vehicles

25% Reducing balance

Stocks

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.

2 Tangible fixed assets

Tangible fixed

assets

Cost or valuation

5,920

At 01 May 2014

At 30 April 2015

5,920

Depreciation

1,480

At 01 May 2014

1,110

Charge for year

2,590

At 30 April 2015

Net book values

At 30 April 2015

3,330

4,440

At 30 April 2014

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Notes to the Abbreviated Financial Statements

Konix Ltd

For the year ended 30 April 2015

3 Share capital

Allotted called up and fully paid

2015

2014

100 Ordinary shares of £1.00 each

100

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