KU-AK INTERNATIONAL LIMITED Accounts filed on 31-03-2014

KU-AK INTERNATIONAL LIMITED Accounts filed on 31-03-2014


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KU-AK INTERNATIONAL LIMITED




Company Registration Number:
02868500 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st April 2013

End date: 31st March 2014

SUBMITTED

KU-AK INTERNATIONAL LIMITED

Company Information
for the Period Ended
31st March 2014




Director: K Akeredolu
Registered office: Ku-Ak House
3 Sickleholm Drive
Stoneygate
Leicester
LE5 5TS
Company Registration Number: 02868500 (England and Wales)

KU-AK INTERNATIONAL LIMITED

Abbreviated Balance sheet
As at 31st March 2014

Notes 2014
£
2013
£
Fixed assets
Tangible assets: 2 5,023 8,243
Total fixed assets: 5,023 8,243
Current assets
Debtors: 42,326 10,776
Cash at bank and in hand: 13 670
Total current assets: 42,339 11,446
Creditors
Creditors: amounts falling due within one year 26,079 10,827
Net current assets (liabilities): 16,260 619
Total assets less current liabilities: 21,283 8,862
Total net assets (liabilities): 21,283 8,862

The notes form part of these financial statements

KU-AK INTERNATIONAL LIMITED

Abbreviated Balance sheet
As at 31st March 2014
continued

Notes 2014
£
2013
£
Capital and reserves
Called up share capital: 3 2 2
Profit and Loss account: 21,281 8,860
Total shareholders funds: 21,283 8,862

For the year ending 31 March 2014 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 09 December 2014

SIGNED ON BEHALF OF THE BOARD BY:

Name: K Akeredolu
Status: Director

The notes form part of these financial statements

KU-AK INTERNATIONAL LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st March 2014

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial staements have been prepared under the historical cost basis and in accordance with applicable accounting standards FRSSE effective April 2008

    Turnover policy

    Turnover represents the sales of the company for the year net of VAT and trade discounts.

    Tangible fixed assets depreciation policy

    Fixed assets are depreciated at 25% straight line.

KU-AK INTERNATIONAL LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st March 2014

  • 2. Tangible assets

    Total
    Cost £
    At 01st April 2013: 15,923
    Additions: 1,010
    At 31st March 2014: 16,933
    Depreciation
    At 01st April 2013: 7,680
    Charge for year: 4,230
    At 31st March 2014: 11,910
    Net book value
    At 31st March 2014: 5,023
    At 31st March 2013: 8,243

KU-AK INTERNATIONAL LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st March 2014

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period 2013
    Class Number of shares Nominal value per share Total
    Ordinary shares: 2 1.00
    1.00
    2
    Total share capital: 2
    Current period 2014
    Class Number of shares Nominal value per share Total
    Ordinary shares: 2 1.00
    1.00
    2
    Total share capital: 2