Abbreviated Company Accounts - KHANA HEADINGLY LIMITED
Abbreviated Company Accounts - KHANA HEADINGLY LIMITED
Registered Number 09602811
KHANA HEADINGLY LIMITED
Abbreviated Accounts
31 May 2016
KHANA HEADINGLY LIMITED Registered Number 09602811
Abbreviated Balance Sheet as at 31 May 2016
| Notes | 2016 | ||
|---|---|---|---|
| £ | |||
| Creditors: amounts falling due within one year |
( |
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| Net current assets (liabilities) |
( |
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| Total assets less current liabilities |
( |
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| Total net assets (liabilities) |
( |
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| Capital and reserves | |||
| Called up share capital | 2 |
|
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| Profit and loss account |
( |
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| Shareholders' funds |
( |
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For the year ending 31 May 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.
Approved by the Board on
And signed on their behalf by:
KHANA HEADINGLY LIMITED Registered Number 09602811
Notes to the Abbreviated Accounts for the period ended 31 May 2016
1Accounting Policies
Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
The company has net current liabilities of £20,197 and net liabilities of £20,197 at the balance sheet date. In order to continue to trade the company is reliant upon the support of its Directors and Shareholders. It has been indicated that this support will continue for the foreseeable future.
Other accounting policies
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.