Micro-entity Accounts - KONAR LIMITED

03471636 KONAR LIMITED 2017-02-28 false 2016-02-29 2017-02-28 true 03471636 2016-02-29 2017-02-28 03471636 2017-02-28 03471636 2016-02-28 03471636 uk-gaap-cd-bus:Director1 2016-02-29 2017-02-28 03471636 uk-gaap-cd-bus:Director2 2016-02-29 2017-02-28 03471636 uk-gaap-cd-bus:AllEntityOfficers 2016-02-29 2017-02-28 iso4217:GBP shares

Registered Number 03471636

KONAR LIMITED

Micro-entity Accounts

28 February 2017

KONAR LIMITED Registered Number 03471636

Micro-entity Balance Sheet as at 28 February 2017

	2017	2016
	£	£
Fixed Assets	5,632	10,373
Current Assets	207,741	177,988
Creditors: amounts falling due within one year	(57,587)	(41,235)
Net current assets (liabilities)	150,154	136,753
Total assets less current liabilities	155,786	147,126
Total net assets (liabilities)	155,786	147,126
Capital and reserves	155,786	147,126

For the year ending 28 February 2017 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 April 2017

And signed on their behalf by:
W L Heffernan, Director

KONAR LIMITED Registered Number 03471636

Notes to the Micro-entity Accounts for the period ended 28 February 2017

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected uswful life, as follows:
Fixtures, fittings and equip - 15% straight line
Motor vehicles - 25% straight line