Company Registration No. 07506276 (England and Wales)
HAKUNA LTD.
Unaudited accounts
for the period from 31 July 2016 to 31 July 2017
HAKUNA LTD.
Unaudited accounts
Contents
HAKUNA LTD.
Company Information
for the period from 31 July 2016 to 31 July 2017
Company Number
07506276 (England and Wales)
Registered Office
1 CLIFTON MEWS
CLIFTON HILL
BRIGHTON
SUSSEX
BN1 3HR
Accountants
R James Consult
HAKUNA LTD.
Statement of financial position
as at 31 July 2017
Intangible assets
1,659
1,659
Cash at bank and in hand
4
1,100
Creditors: amounts falling due within one year
(33,459)
(73,056)
Net current assets/(liabilities)
1,758
(1,409)
Profit and loss account
3,317
150
Shareholders' funds
3,417
250
For the period ending 31 July 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 29 March 2018.
David Pounds
Director
Company Registration No. 07506276
HAKUNA LTD.
Notes to the Accounts
for the period from 31 July 2016 to 31 July 2017
HAKUNA LTD. is a private company, limited by shares, registered in England and Wales, registration number 07506276. The registered office is 1 CLIFTON MEWS, CLIFTON HILL, BRIGHTON, SUSSEX, BN1 3HR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the period from 31 July 2016 to 31 July 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Goodwill
HAKUNA LTD.
Notes to the Accounts
for the period from 31 July 2016 to 31 July 2017
Accrued income and prepayments
30,000
-
6
Creditors: amounts falling due within one year
2017
2016
Trade creditors
32,684
72,074
Taxes and social security
775
688
7
Average number of employees
During the period the average number of employees was 0 (2016: 0).
