Accounts filed on 30-06-2016

Accounts filed on 30-06-2016

KHERION TECHNOLOGY LIMITED - Company Information

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KHERION TECHNOLOGY LIMITED

Company Registration Number:
04871526 (England and Wales)

Report of the Directors and Unaudited Financial Statements

Period of accounts

Start date: 01 July 2015

End date: 30 June 2016

KHERION TECHNOLOGY LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2016

Company Information
Report of the Directors
Profit and Loss Account
Gains and Losses
Balance sheet
Notes to the Financial Statements

KHERION TECHNOLOGY LIMITED

Company Information

for the Period Ended 30 June 2016




Director: James Patrick Mixon
Marc Creus
Secretary: James Patrick Mixon
Registered office: Cowley Road
Cambridge
CB4 0WS
Company Registration Number: 04871526 (England and Wales)

KHERION TECHNOLOGY LIMITED

Directors' Report Period Ended 30 June 2016

The directors present their report with the financial statements of the company for the period ended 30 June 2016

Principal Activities

The principal activity of the company is research into therapeutic technologies.

Directors
 The directors shown below have held office during the whole of the period from
01 July 2015 to 30 June 2016
James Patrick Mixon

The director(s) shown below resigned during the period
Marc Creus on 30 September 2015

Political and charitable donations

The company made no political or charitable contributions during the year (2015: £nil).

Company policy on the employment of disabled persons

n/a

Additional information

n/a

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on 08 August 2016
And Signed On Behalf Of The Board By:

Name: James Patrick Mixon
Status: Director

KHERION TECHNOLOGY LIMITED

Profit and Loss Account

for the Period Ended 30 June 2016


Notes
2016
£
2015
£
Turnover: 0 0
Cost of sales: 0 0
Gross profit or (loss): 0 0
Distribution costs: 0 0
Administrative expenses: 2, 3 ( 24,573 ) ( 14,517 )
Other operating income: 0 0
Operating profit or (loss): ( 24,573 ) ( 14,517 )
Interest receivable and similar income: 7 0
Interest payable and similar charges: ( 86 ) ( 79 )
Profit or (loss) on ordinary activities before taxation: ( 24,652 ) ( 14,596 )
Tax on profit or (loss) on ordinary activities: 0 0
Profit or (loss) for the financial year: ( 24,652 ) ( 14,596 )

The notes form part of these financial statements

KHERION TECHNOLOGY LIMITED

Statement of total recognised gains and losses

The company does not have any gains and losses other than Profit and Loss for the period to report

KHERION TECHNOLOGY LIMITED

Balance sheet

As at 30 June 2016


Notes
2016
£
2015
£
Fixed assets
Intangible assets: 0 0
Tangible assets: 0 0
Total fixed assets: 0 0
Current assets
Stocks: 0 0
Debtors: 4 1,186 633
Cash at bank and in hand: 5,058 4,238
Total current assets: 6,244 4,871
Creditors: amounts falling due within one year: 5 ( 159,393 ) ( 133,368 )
Net current assets (liabilities): ( 153,149 ) ( 128,497 )
Total assets less current liabilities: ( 153,149 ) ( 128,497 )
Creditors: amounts falling due after more than one year: 0 0
Provision for liabilities: 0 0
Total net assets (liabilities): ( 153,149 ) ( 128,497 )

The notes form part of these financial statements

KHERION TECHNOLOGY LIMITED

Balance sheet continued

As at 30 June 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 6 1,000 1,000
Revaluation reserve: 0 0
Profit and loss account: 7 ( 154,149 ) ( 129,497 )
Shareholders funds: ( 153,149 ) ( 128,497 )

For the year ending 30 June 2016 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors on 08 August 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: James Patrick Mixon
Status: Director

The notes form part of these financial statements

KHERION TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared in accordance with Financial Reporting Standard for Smaller Entities (effective January 2005) and under the historical cost accounting rules.

    Turnover policy

    n/a

    Tangible fixed assets depreciation policy

    n/a

    Intangible fixed assets amortisation policy

    n/a

    Valuation information and policy

    n/a

    Other accounting policies

    n/a

KHERION TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2016

  • 2. Directors' remuneration


    2016
    £
    2015
    £
    Directors' remuneration: 0 0
    Value of contributions to directors' pensions: 0 0
    TOTAL: 0 0

    Directors' emoluments are 'nil' for this accounting period.

KHERION TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2016

  • 3. Employees


    2016
    £
    2015
    £
    Wages and salaries: 0 0
    Social security costs: 0 0
    Pension costs: 0 0
    Total staff costs: 0 0
    Average number of employees including directors during the period: 1 1

    The company did not employ any staff during the year other than directors.

KHERION TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2016

  • 4. Debtors


    2016
    £
    2015
    £
    Trade debtors: 0 0
    Prepayments and accrued income: 0 0
    Other debtors: 1,186 633
    Total: 1,186 633

KHERION TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2016

  • 5. Creditors: amounts falling due within one year


    2016
    £
    2015
    £
    Accruals and deferred income: 7,397 6,388
    Other creditors: 151,996 126,980
    Total: 159,393 133,368

    Other creditors: Loans from directors

KHERION TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2016

  • 6. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1,000 1.00 1,000
    Preference shares: 0 0.00 0
    Total share capital (£): 1,000
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1,000 1.00 1,000
    Preference shares: 0 0.00 0
    Total share capital (£): 1,000

KHERION TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2016

  • 7. Profit and loss account


    2016
    £
    2015
    £
    Opening balance: ( 129,497 ) ( 114,901 )
    Profit or (loss) for the period: ( 24,652 ) ( 14,596 )
    Equity dividends paid: 0 0
    Retained profit: ( 154,149 ) ( 129,497 )

KHERION TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2016

  • 8. Related party disclosures

    Name of the ultimate controlling party during the period: James Patrick Mixon
    Name of related party: James Patrick Mixon
    Relationship: Director
    Description of the transaction Loan from Director
    Balance at 01 July 2015 70,669
    Balance at 30 June 2016 95,685
    Name of related party: Marc Creus
    Relationship: former Director
    Description of the transaction Loan
    Balance at 01 July 2015 56,311
    Balance at 30 June 2016 56,311

    Additional information

    The above loans are not interest bearing and as a result no interest was due at the end of the period.