KATANA GROUP LIMITED

KATANA GROUP LIMITED

KATANA GROUP LIMITED - Company Information

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KATANA GROUP LIMITED

Company Registration Number:
10525566 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2017

Period of accounts

Start date: 14 December 2016

End date: 31 December 2017

KATANA GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2017

Balance sheet
Notes

KATANA GROUP LIMITED

Balance sheet

As at 31 December 2017


Notes
13 months to 31 December 2017


£
Fixed assets
Investments: 2 1,827,459
Total fixed assets: 1,827,459
Current assets
Debtors: 3 6,925
Cash at bank and in hand: 36,985
Total current assets: 43,910
Creditors: amounts falling due within one year: 4 (422,677)
Net current assets (liabilities): (378,767)
Total assets less current liabilities: 1,448,692
Creditors: amounts falling due after more than one year:   (1,475,089)
Provision for liabilities: (19,100)
Total net assets (liabilities): (45,497)
Capital and reserves
Called up share capital: 2,000
Revaluation reserve:596,500
Profit and loss account: (143,997)
Shareholders funds: (45,497)

The notes form part of these financial statements

KATANA GROUP LIMITED

Balance sheet statements

For the year ending 31 December 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 Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 01 September 2018
and signed on behalf of the board by:

Name: T Nabetani
Status: Director

The notes form part of these financial statements

KATANA GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

KATANA GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

2. Fixed investments

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.No depreciation is provided in the respect of investment properties.

KATANA GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

3. Debtors

13 months to 31 December 2017
£
Debtors due after more than one year: 6,925

KATANA GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

4. Creditors: amounts falling due within one year note

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

KATANA GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

5. Revaluation reserve

13 months to 31 December 2017
£
Surplus or deficit after revaluation 96,500
Balance at 31 December 2017 96,500