Konx Wales Ltd - Period Ending 2019-10-31
Konx Wales Ltd - Period Ending 2019-10-31
Registration number:
Konx Wales Ltd
for the Year Ended 31 October 2019
Chartered Accountants
D S House
306 High Street
Croydon
Surrey
CR0 1NG
Konx Wales Ltd
Company Information
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Directors |
Mr Robin James R J Stanton-Gleaves Mr James Alexander Clark |
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Registered office |
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Accountants |
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Page 1 |
Konx Wales Ltd
Directors' Report for the Year Ended 31 October 2019
The directors present their report and the financial statements for the year ended 31 October 2019.
Directors of the company
The directors who held office during the year were as follows:
Small companies provision statement
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
Approved by the
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Director
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Konx Wales Ltd
(Registration number: 05599691)
Balance Sheet as at 31 October 2019
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Note |
2019 |
2018 |
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Current assets |
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Debtors |
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Capital and reserves |
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Called up share capital |
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Total equity |
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For the financial year ending 31 October 2019 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
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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.
Approved and authorised by the
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Director
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Konx Wales Ltd
Notes to the Financial Statements for the Year Ended 31 October 2019
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
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Konx Wales Ltd
Notes to the Financial Statements for the Year Ended 31 October 2019 (continued)
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Debtors |
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2019 |
2018 |
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Other debtors |
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Share capital |
Allotted, called up and fully paid shares
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2019 |
2018 |
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No. |
£ |
No. |
£ |
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Ordinary shares of £1 each |
897 |
897 |
897 |
897 |
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'A' Ordinary shares of £1 each |
15 |
15 |
15 |
15 |
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Ultimate parent company |
The company's immediate parent company is Apogee Group Limited, a company incorporated in England and Wales.
Following the acquisition of the company on 2 November 2018, the ultimate parent company is HP Inc, a company incorporated in United Sates of America.
The smallest group in which the results of the company were consolidated is that headed by Manzana Bidco Limited. The consolidated accounts of this company are available to the public and may be obtained from Companies House.
The largest group in which the results of the company were consolidated is that headed by HP Inc. The consolidated accounts of this company are available to the public and may be obtained from the company's head office, 1501 Page Mill Road, Palo Alto, CA 94304, United States.
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