Abbreviated Company Accounts - KNIGHT TRADING UK LIMITED

KNIGHT TRADING UK LIMITED - Company Information

06833024 KNIGHT TRADING UK LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 06833024 2014-04-01 2015-03-31 06833024 2015-03-31 06833024 2014-03-31 06833024 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 06833024 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-03-31 iso4217:GBP shares

Registered Number 06833024

KNIGHT TRADING UK LIMITED

Abbreviated Accounts

31 March 2015

KNIGHT TRADING UK LIMITED Registered Number 06833024

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	3,548	3,893
Investments	3	100	100
		3,648	3,993
Current assets
Stocks		-	-
Debtors		1,025,987	990,170
Investments		-	-
Cash at bank and in hand		194	194
		1,026,181	990,364
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(869,752)	(984,421)
Net current assets (liabilities)		156,429	5,943
Total assets less current liabilities		160,077	9,936
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		0	0
Total net assets (liabilities)		160,077	9,936
Capital and reserves
Called up share capital	4	4	4
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		160,073	9,932
Shareholders' funds		160,077	9,936

For the year ending 31 March 2015 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 27 January 2016

And signed on their behalf by:
V Varatharajan, Director

KNIGHT TRADING UK LIMITED Registered Number 06833024

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for services provided.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixture, fittings & equipment 20% reducing balance basis.

2Tangible fixed assets

	£
Cost
At 1 April 2014	7,831
Additions	0
Disposals	0
Revaluations	0
Transfers	0
At 31 March 2015	7,831
Depreciation
At 1 April 2014	3,938
Charge for the year	345
On disposals	0
At 31 March 2015	4,283
Net book values
At 31 March 2015	3,548
At 31 March 2014	3,893

3Fixed assets Investments
100% Investment in Euphoria Management Limited, a UK registered company.

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
3 Ordinary A shares shares of £1 each	3	3
1 Ordinary B shares of £1 shares of £1 each	1	1

Ordinary A shares: The shares have attached to them full voting, dividend and capital distribution (including on winding up) rights.

Ordinary B shares: The shares have attached to them full voting and capital distribution (including on winding up) rights. The Ordinary B shares shall be a separate class of shares for the declaration of dividends which shall be at the discretion of the A shareholders. The declaration of a dividend in respect of one class of share shall not compel a dividend at the same rate to be declared in respect of any other class of share. Save as above, the Ordinary B shares shall rank pari passu in all other respects.