IRIS Accounts Production v17.2.1.52 08831479 Board of Directors 1.2.16 31.1.17 31.1.17 false true false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure 08831479 2016-01-31 08831479 2017-01-31 08831479 2016-02-01 2017-01-31 08831479 2015-01-31 08831479 2015-02-01 2016-01-31 08831479 2016-01-31 08831479 ns15:EnglandWales 2016-02-01 2017-01-31 08831479 ns14:PoundSterling 2016-02-01 2017-01-31 08831479 ns10:Director1 2016-02-01 2017-01-31 08831479 ns10:PrivateLimitedCompanyLtd 2016-02-01 2017-01-31 08831479 ns10:SmallEntities 2016-02-01 2017-01-31 08831479 ns10:AuditExempt-NoAccountantsReport 2016-02-01 2017-01-31 08831479 ns10:SmallCompaniesRegimeForDirectorsReport 2016-02-01 2017-01-31 08831479 ns10:SmallCompaniesRegimeForAccounts 2016-02-01 2017-01-31 08831479 ns10:FullAccounts 2016-02-01 2017-01-31 08831479 ns10:OrdinaryShareClass1 2016-02-01 2017-01-31 08831479 ns10:Director2 2016-02-01 2017-01-31 08831479 ns10:Director3 2016-02-01 2017-01-31 08831479 ns10:Director4 2016-02-01 2017-01-31 08831479 ns10:RegisteredOffice 2016-02-01 2017-01-31 08831479 ns5:CurrentFinancialInstruments 2017-01-31 08831479 ns5:CurrentFinancialInstruments 2016-01-31 08831479 ns5:Non-currentFinancialInstruments 2017-01-31 08831479 ns5:Non-currentFinancialInstruments 2016-01-31 08831479 ns5:ShareCapital 2017-01-31 08831479 ns5:ShareCapital 2016-01-31 08831479 ns5:RetainedEarningsAccumulatedLosses 2017-01-31 08831479 ns5:RetainedEarningsAccumulatedLosses 2016-01-31 08831479 ns5:ComputerEquipment 2016-01-31 08831479 ns5:ComputerEquipment 2016-02-01 2017-01-31 08831479 ns5:ComputerEquipment 2017-01-31 08831479 ns5:ComputerEquipment 2016-01-31 08831479 ns5:CurrentFinancialInstruments ns5:WithinOneYear 2017-01-31 08831479 ns5:CurrentFinancialInstruments ns5:WithinOneYear 2016-01-31 08831479 ns5:BetweenTwoFiveYears ns5:Non-currentFinancialInstruments 2017-01-31 08831479 ns5:BetweenTwoFiveYears ns5:Non-currentFinancialInstruments 2016-01-31 08831479 ns10:OrdinaryShareClass1 2017-01-31 08831479 ns5:RetainedEarningsAccumulatedLosses 2016-01-31 08831479 ns5:RetainedEarningsAccumulatedLosses 2016-02-01 2017-01-31


REGISTERED NUMBER: 08831479 (England and Wales)












Financial Statements for the Year Ended 31 January 2017

for

KNSI AVIATION ENGINEERING LIMITED

KNSI AVIATION ENGINEERING LIMITED (REGISTERED NUMBER: 08831479)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2017










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


KNSI AVIATION ENGINEERING LIMITED

Company Information
FOR THE YEAR ENDED 31 JANUARY 2017







DIRECTORS: K P B Obeysekara
Mrs N Obeysekara
S Obeysekara
A I B Obeysekara





REGISTERED OFFICE: Suite 11B
Diamond Hangar- Aviation Hub
Long Border Road
London Stansted
Essex
CM24 1RE





REGISTERED NUMBER: 08831479 (England and Wales)





ACCOUNTANTS: BBK Partnership
Chartered Accountants
1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ

KNSI AVIATION ENGINEERING LIMITED (REGISTERED NUMBER: 08831479)

Balance Sheet
31 JANUARY 2017

31.1.17 31.1.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,674 2,216

CURRENT ASSETS
Debtors 5 6,242 5,964
Cash at bank and in hand 50,680 72,918
56,922 78,882
CREDITORS
Amounts falling due within one year 6 17,616 23,592
NET CURRENT ASSETS 39,306 55,290
TOTAL ASSETS LESS CURRENT
LIABILITIES

46,980

57,506

CREDITORS
Amounts falling due after more than one
year

7

29,887

19,416
NET ASSETS 17,093 38,090

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 16,993 37,990
SHAREHOLDERS' FUNDS 17,093 38,090

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

KNSI AVIATION ENGINEERING LIMITED (REGISTERED NUMBER: 08831479)

Balance Sheet - continued
31 JANUARY 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 13 July 2017 and were signed on its behalf by:





K P B Obeysekara - Director


KNSI AVIATION ENGINEERING LIMITED (REGISTERED NUMBER: 08831479)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2017


1. STATUTORY INFORMATION

KNSI Aviation Engineering Limited is a private company, limited by shares , registered in England and Wales.
The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 February 2016 2,770
Additions 7,376
At 31 January 2017 10,146
DEPRECIATION
At 1 February 2016 554
Charge for year 1,918
At 31 January 2017 2,472
NET BOOK VALUE
At 31 January 2017 7,674
At 31 January 2016 2,216

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.17 31.1.16
£    £   
VAT 6,242 5,964

KNSI AVIATION ENGINEERING LIMITED (REGISTERED NUMBER: 08831479)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2017


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.17 31.1.16
£    £   
Bank loans and overdrafts (see note 8) - (2,491 )
Tax 11,136 25,277
Social security and other taxes 6,480 641
Directors' current accounts - 165
17,616 23,592

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.17 31.1.16
£    £   
Bank loans (see note 8) 29,887 19,416

8. LOANS

An analysis of the maturity of loans is given below:

31.1.17 31.1.16
£    £   
Amounts falling due within one year or on demand:
Bank loans (BOC) - (2,491 )

Amounts falling due between two and five years:
Bank loans (HSBC) 14,346 19,416
Bank Loans (BOC) 15,541 -
29,887 19,416

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.17 31.1.16
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 February 2016 37,990
Profit for the year 50,003
Dividends (71,000 )
At 31 January 2017 16,993