KONCEPTX LIMITED,Ltd - Accounts

KONCEPTX LIMITED,Ltd - Accounts

KONCEPTX LIMITED - Company Information

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2014-09-01 false false Private Limited Company 08641604 2015-08-31 08641604 2014-09-01 2015-08-31 08641604 2014-08-31 08641604 2013-08-08 2014-08-31 08641604 uk-bus:Director1 2014-09-01 2015-08-31 08641604 uk-gaap:ComputerEquipment 2014-09-01 2015-08-31 08641604 uk-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP
KONCEPTX LIMITED
For the year ended 31 August 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 08641604
2
Contents Page
KONCEPTX LIMITED
For the year ended 31 August 2015
1
Balance Sheet
2 to 3
Notes to the Abbreviated Financial Statements
3
Abbreviated Balance Sheet
KONCEPTX LIMITED
As at 31 August 2015
08641604
Registered Number :
£
£
2015
Notes
2014
Fixed assets
Tangible assets
2
50
100
50
100
Current assets
Debtors
-
3,991
Cash at bank and in hand
29,642
-
33,633
-
Creditors: amounts falling due within one year
(1,834)
(9,112)
(1,834)
24,521
Net current assets
Total assets less current liabilities
24,571
(1,734)
24,571
Net assets/liabilities
(1,734)
Capital and reserves
Called up share capital
1
3
1
Profit and loss account
24,570
(1,735)
24,571
(1,734)
Shareholders funds
For the year ended 31 August 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) 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 in accordance with the provisions applicable to companies subject to the small companies' regime.
Date approved by the board: 07 November 2015
Konrad Xuereb Director
Signed on behalf of the board of directors
1 of 3
4
Notes to the Abbreviated Financial Statements
KONCEPTX LIMITED
For the year ended 31 August 2015
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Research and development expenditure
Research and development expenditure is charged to the profit and loss account in the period in which it is incurred.
Website Cost
Planning and operating costs for the company's website are charged to the profit and loss account as incurred.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment
33% Straight line
2 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
150
At 01 September 2014
At 31 August 2015
150
Depreciation
50
At 01 September 2014
50
Charge for year
100
At 31 August 2015
Net book values
At 31 August 2015
50
100
At 31 August 2014
2 of 3
5
Notes to the Abbreviated Financial Statements
KONCEPTX LIMITED
For the year ended 31 August 2015
3 Share capital
Allotted called up and fully paid
2015
2014
£
£
1 Ordinary shares of £1.00 each
1
1
1
1
3 of 3