Registered number
08485060
KOREA HEALTH INDUSTRY DEVELOPMENT INSTITUTE (KHIDI) UK LTD
Abbreviated Accounts
31 December 2015
KOREA HEALTH INDUSTRY DEVELOPMENT INSTITUTE (KHIDI) UK LTD
Report to the director on the preparation of the unaudited abbreviated accounts of KOREA HEALTH INDUSTRY DEVELOPMENT INSTITUTE (KHIDI) UK LTD for the year ended 31 December 2015
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of KOREA HEALTH INDUSTRY DEVELOPMENT INSTITUTE (KHIDI) UK LTD for the year ended 31 December 2015 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
Chartered Certified Accountants
MSUK Accounting & Business Ltd
1st Floor, Unit 4 Leigh Close
New Malden
Surrey
KT3 3NW
26 September 2016
KOREA HEALTH INDUSTRY DEVELOPMENT INSTITUTE (KHIDI) UK LTD
Registered number: 08485060
Abbreviated Balance Sheet
as at 31 December 2015
Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 1,772 1,212
Current assets
Cash at bank and in hand 26,337 19,762
Creditors: amounts falling due within one year (3,215) (1,733)
Net current assets 23,122 18,029
Total assets less current liabilities 24,894 19,241
Creditors: amounts falling due after more than one year (661,347) (411,480)
Net liabilities (636,453) (392,239)
Capital and reserves
Called up share capital 3 100 100
Profit and loss account (636,553) (392,339)
Shareholder's funds (636,453) (392,239)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
Jae Won Lee
Director
Approved by the board on 26 September 2016
KOREA HEALTH INDUSTRY DEVELOPMENT INSTITUTE (KHIDI) UK LTD
Notes to the Abbreviated Accounts
for the year ended 31 December 2015
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Office Equipment 25% straight line
Foreign currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.
2 Tangible fixed assets £
Cost
At 1 January 2015 2,021
Additions 1,633
At 31 December 2015 3,015
Depreciation
At 1 January 2015 809
Charge for the year 754
At 31 December 2015 1,243
Net book value
At 31 December 2015 1,772
At 31 December 2014 1,212
3 Share capital Nominal 2015 2015 2014
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £10 each 10 100 100
KOREA HEALTH INDUSTRY DEVELOPMENT INSTITUTE (KHIDI) UK LTD 08485060 false true 2015-01-01 2015-12-31 2015-12-31 Jae Won Lee 08485060 uk-bus:OrdinaryShareClass1 2014-12-31 08485060 2015-01-01 2015-12-31 08485060 uk-bus:Director40 2015-01-01 2015-12-31 08485060 uk-gaap:PlantMachinery 2015-01-01 2015-12-31 08485060 uk-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 08485060 2015-12-31 08485060 uk-bus:OrdinaryShareClass1 2015-12-31 08485060 2014-12-31 iso4217:GBP xbrli:shares

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