Company Registration No. 10441160 (England and Wales)
CONET LTD
Unaudited accounts
for the period from 24 October 2016 to 31 October 2017
CONET LTD
Unaudited accounts
Contents
CONET LTD
Company Information
for the period from 24 October 2016 to 31 October 2017
Company Number
10441160 (England and Wales)
Registered Office
Unit 58b Whitehill & Bordon Enterprise
Budds Lane
Bordon
Hampshire
GU35 0FJ
England
Accountants
FURUICHOI & CO
Chartered Accountants
259-269 Old Marylebone Road
London
NW1 5RA
CONET LTD
Statement of financial position
as at 31 October 2017
Cash at bank and in hand
4,063
Creditors: amounts falling due within one year
(20,296)
Net current liabilities
(5,658)
Called up share capital
1,000
Profit and loss account
(5,067)
Shareholders' funds
(4,067)
For the period ending 31 October 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 18 July 2018.
Mr Tae Soo SHIN
Director
Company Registration No. 10441160
CONET LTD
Notes to the Accounts
for the period from 24 October 2016 to 31 October 2017
CONET LTD is a private company, limited by shares, registered in England and Wales, registration number 10441160. The registered office is Unit 58b Whitehill & Bordon Enterprise , Budds Lane, Bordon, Hampshire, GU35 0FJ, England.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
CONET LTD
Notes to the Accounts
for the period from 24 October 2016 to 31 October 2017
4
Tangible fixed assets
Plant & machinery
7
Creditors: amounts falling due within one year
2017
Taxes and social security
1,186
Loans from directors
3,000
Kenit Co., Ltd
(Registration No. 117-81-59905)
823, Lifecombi Building, 32, 63-Ro, Yeongdeungpo-Gu, Seoul, South Korea
9
Average number of employees
During the period the average number of employees was 0.
