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REGISTERED NUMBER: 08831479 (England and Wales)



Financial Statements for the Year Ended 31 January 2019

for

KNSI Aviation Engineering Limited

KNSI Aviation Engineering Limited (Registered number: 08831479)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2019










Page

Company Information 1

Statement of Financial Position 2 to 3

Notes to the Financial Statements 4 to 5


KNSI Aviation Engineering Limited

Company Information
FOR THE YEAR ENDED 31 JANUARY 2019







DIRECTORS: K P B Obeysekara
Mrs N Obeysekara
S Obeysekara
Dr 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)

Statement of Financial Position
31 JANUARY 2019

31.1.19 31.1.18
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,115 11,703

CURRENT ASSETS
Cash at bank and in hand 31,983 51,700

CREDITORS
Amounts falling due within one year 5 19,248 15,203
NET CURRENT ASSETS 12,735 36,497
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,850

48,200

CREDITORS
Amounts falling due after more than one year 6 2,978 20,104
NET ASSETS 21,872 28,096

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 21,772 27,996
SHAREHOLDERS' FUNDS 21,872 28,096

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2019 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)

Statement of Financial Position - continued
31 JANUARY 2019


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 11 April 2019 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 2019


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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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 (2018 - 7 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 February 2018 15,710
Additions 1,640
At 31 January 2019 17,350
DEPRECIATION
At 1 February 2018 4,007
Charge for year 1,228
At 31 January 2019 5,235
NET BOOK VALUE
At 31 January 2019 12,115
At 31 January 2018 11,703

KNSI Aviation Engineering Limited (Registered number: 08831479)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2019


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.19 31.1.18
£    £   
Tax (5,099 ) 9,950
Social security and other taxes 7,921 3,750
VAT 4,642 1,343
Directors' current accounts 11,424 160
Accrued expenses 360 -
19,248 15,203

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.19 31.1.18
£    £   
Bank loans (see note 7) 2,978 20,104

7. LOANS

An analysis of the maturity of loans is given below:

31.1.19 31.1.18
£    £   
Amounts falling due between two and five years:
Bank loans (HSBC) 2,978 8,831
Bank Loans (BOC) - 11,273
2,978 20,104

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.19 31.1.18
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 February 2018 27,996
Deficit for the year (6,224 )
At 31 January 2019 21,772