Company Registration No. 11834168 (England and Wales)
KUNA FINTECH LIMITED
Unaudited accounts
for the period from 29 February 2020 to 31 December 2020
KUNA FINTECH LIMITED
Unaudited accounts
Contents
KUNA FINTECH LIMITED
Company Information
for the period from 29 February 2020 to 31 December 2020
Director
Mykhailo Chobanian
Company Number
11834168 (England and Wales)
Registered Office
7 Bell Yard
London
WC2A 2JR
England
Accountants
Business Atrium Limited
The Legacy Centre
85 Great Titchfield Street
London
W1W 6RJ
KUNA FINTECH LIMITED
Statement of financial position
as at
31 December 2020
Intangible assets
9,465
12,474
Cash at bank and in hand
1,335
1,768
Creditors: amounts falling due within one year
(2,807)
(16)
Net current assets
7,386
1,752
Total assets less current liabilities
16,851
14,226
Creditors: amounts falling due after more than one year
-
(5,912)
Called up share capital
10,000
10,000
Profit and loss account
6,851
(1,686)
Shareholders' funds
16,851
8,314
For the period ending 31 December 2020 the company was entitled to exemption from audit 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 February 2022 and were signed on its behalf by
Mykhailo Chobanian
Director
Company Registration No. 11834168
KUNA FINTECH LIMITED
Notes to the Accounts
for the period from 29 February 2020 to 31 December 2020
KUNA FINTECH LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11834168. The registered office is 7 Bell Yard, London, WC2A 2JR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Software - Straight Line over 3 years
Trade Mark - Straight Line over 10 years
4
Intangible fixed assets
Other
At 29 February 2020
12,775
At 31 December 2020
12,775
Charge for the period
3,009
At 31 December 2020
3,310
At 31 December 2020
9,465
At 28 February 2020
12,474
5
Debtors: amounts falling due within one year
31/12/2020
28/02/2020
KUNA FINTECH LIMITED
Notes to the Accounts
for the period from 29 February 2020 to 31 December 2020
6
Creditors: amounts falling due within one year
31/12/2020
28/02/2020
Taxes and social security
1,607
-
7
Creditors: amounts falling due after more than one year
31/12/2020
28/02/2020
8
Average number of employees
During the period the average number of employees was 0 (28/02/2020: 0).