Khushi Information Security Services Lim - Abbreviated accounts 16.1

REGISTERED NUMBER: 08567366 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2016

for

Khushi Information Security Services

Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P P Agrawal

Mrs K Kumar

REGISTERED OFFICE:

27 Ashridge Way

Sunbury-on-Thames

TW16 7SF

REGISTERED NUMBER:

08567366 (England and Wales)

ACCOUNTANTS:

Low Cost Accounts

Chartered Accountants

Unit 24

Wilford Industrial Estate

Nottingham

Nottinghamshire

NG11 7EP

FIXED ASSETS

Tangible assets

2

246,352

284

CURRENT ASSETS

Debtors

12,540

-

Cash at bank

15,912

22,520

28,452

22,520

CREDITORS

Amounts falling due within one year

27,357

22,835

NET CURRENT ASSETS/(LIABILITIES)

1,095

(315

)

TOTAL ASSETS LESS CURRENT LIABILITIES

247,447

(31

)

CREDITORS

Amounts falling due after more than one year

3

214,770

-

NET ASSETS/(LIABILITIES)

32,677

(31

)

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

32,577

(131

)

SHAREHOLDERS' FUNDS

32,677

(31

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 6 September 2016 and were signed on its behalf by:

P P Agrawal - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

in accordance with the property

Plant and machinery etc

-

33% on cost

Deferred tax

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

at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

505

Additions

246,667

At 30 June 2016

247,172

DEPRECIATION

At 1 July 2015

221

Charge for year

599

At 30 June 2016

820

NET BOOK VALUE

At 30 June 2016

246,352

At 30 June 2015

284

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

30.6.16

30.6.15

£

£

Repayable otherwise than by instalments

40,000

-

Repayable by instalments

174,770

-

214,770

-

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

£

100

Ordinary

1

100

100