For the year ended 31 August 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 08641604
KONCEPTX LIMITED
For the year ended 31 August 2015
1
Balance Sheet
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Notes to the Abbreviated Financial Statements
Notes to the Abbreviated Financial Statements |
KONCEPTX LIMITED
For the year ended 31 August 2015
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 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.
Planning and operating costs for the company's website are charged to the profit and loss account as incurred.
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
150
150
50
50
Charge for year
100
50
100
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Notes to the Abbreviated Financial Statements |
KONCEPTX LIMITED
For the year ended 31 August 2015
Allotted called up and fully paid |
2015
2014
1 Ordinary shares of £1.00 each |
1
1
1
1
3 of 3