Khunu Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09739702 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 19 August 2015 to 31 August 2016

for

Khunu Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J H Wilson

REGISTERED OFFICE:

Kemp House

152-160 City Road

London

EC1V 2NX

REGISTERED NUMBER:

09739702 (England and Wales)

CURRENT ASSETS

Stocks

15,137

Debtors

12,992

Cash at bank

2,751

30,880

CREDITORS

Amounts falling due within one year

(30,779

)

NET CURRENT ASSETS

101

TOTAL ASSETS LESS CURRENT LIABILITIES

101

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

1

SHAREHOLDERS' FUNDS

101

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 12 May 2017 and were signed by:

J H Wilson - 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

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

the balance sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

100 Ordinary shares of £1 were issued during the period for cash of £ 100 .

3.	ULTIMATE PARENT COMPANY

Khunu Limited (incorporated in Hong Kong ) is regarded by the director as being the company's

ultimate parent company.