KSYL INVESTMENTS LTD

Company Registration Number:
06029160 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

KSYL INVESTMENTS LTD

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

KSYL INVESTMENTS LTD

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Fixed assets
Investments: 3 2,347,566 1,943,464
Total fixed assets: 2,347,566 1,943,464
Current assets
Debtors: 4 8,239,419 7,907,009
Cash at bank and in hand: 1,953,345 1,217,403
Total current assets: 10,192,764 9,124,412
Creditors: amounts falling due within one year: 5 (10,933,765) (9,334,898)
Net current assets (liabilities): (741,001) (210,486)
Total assets less current liabilities: 1,606,565 1,732,978
Total net assets (liabilities): 1,606,565 1,732,978
Capital and reserves
Called up share capital: 1,131,085 1,131,085
Revaluation reserve:6362,141203,880
Profit and loss account: 113,339 398,013
Shareholders funds: 1,606,565 1,732,978

The notes form part of these financial statements

KSYL INVESTMENTS LTD

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 September 2023
and signed on behalf of the board by:

Name: Daniel Skordis
Status: Director

The notes form part of these financial statements

KSYL INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

KSYL INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 4 4

KSYL INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Fixed investments

Investments in subsidiaries - GBP 2,347,566

KSYL INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Debtors

Trade debtors - GBP 1,362,973 / Amounts owed by group undertakings - GBP 134,376 / Shareholder Loan - GBP181,220 / Other debtors - GBP 6,560,850

KSYL INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

Trade creditors - GBP 5,515,228 / Amounts owed to group undertakings - GBP 5,174,630 / Other creditors - GBP 243,907

KSYL INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Revaluation reserve

2022
£
Balance at 01 January 2022 203,880
Surplus or deficit after revaluation 158,261
Balance at 31 December 2022 362,141