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REGISTERED NUMBER: 08831479 (England and Wales)












Financial Statements for the Year Ended 31 January 2018

for

KNSI AVIATION ENGINEERING LIMITED

KNSI AVIATION ENGINEERING LIMITED (REGISTERED NUMBER: 08831479)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2018










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 2018







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 2018

31.1.18 31.1.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,703 7,674

CURRENT ASSETS
Debtors 5 - 6,242
Cash at bank and in hand 51,700 50,680
51,700 56,922
CREDITORS
Amounts falling due within one year 6 18,887 17,616
NET CURRENT ASSETS 32,813 39,306
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,516

46,980

CREDITORS
Amounts falling due after more than one year 7 20,104 29,887
NET ASSETS 24,412 17,093

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 24,312 16,993
SHAREHOLDERS' FUNDS 24,412 17,093

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 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 2018


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 29 May 2018 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 2018


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 7 (2017 - 8 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 February 2017 10,146
Additions 5,564
At 31 January 2018 15,710
DEPRECIATION
At 1 February 2017 2,472
Charge for year 1,535
At 31 January 2018 4,007
NET BOOK VALUE
At 31 January 2018 11,703
At 31 January 2017 7,674

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.18 31.1.17
£    £   
VAT - 6,242

KNSI AVIATION ENGINEERING LIMITED (REGISTERED NUMBER: 08831479)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2018


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.18 31.1.17
£    £   
Tax 13,794 11,136
Social security and other taxes 3,750 6,480
VAT 1,343 -
18,887 17,616

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.18 31.1.17
£    £   
Bank loans (see note 8) 20,104 29,887

8. LOANS

An analysis of the maturity of loans is given below:

31.1.18 31.1.17
£    £   
Amounts falling due between two and five years:
Bank loans (HSBC) 8,831 14,346
Bank Loans (BOC) 11,273 15,541
20,104 29,887

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.18 31.1.17
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 February 2017 16,993
Profit for the year 62,224
Dividends (54,905 )
At 31 January 2018 24,312