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REGISTERED NUMBER: 09182079 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

KOJIN LIMITED

KOJIN LIMITED (REGISTERED NUMBER: 09182079)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KOJIN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTOR: J A Smart





REGISTERED OFFICE: 52.11 Woolyard
Bermondsey Street
London
SE1 3UD





REGISTERED NUMBER: 09182079 (England and Wales)





ACCOUNTANTS: Galloways Accounting
Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE

KOJIN LIMITED (REGISTERED NUMBER: 09182079)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investments 4 1 1

CURRENT ASSETS
Debtors 5 711,314 1,077,728
Cash in hand 1 1
711,315 1,077,729
CREDITORS
Amounts falling due within one year 6 (1,729,791 ) (1,872,283 )
NET CURRENT LIABILITIES (1,018,476 ) (794,554 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,018,475

)

(794,553

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (1,018,476 ) (794,554 )
SHAREHOLDERS' FUNDS (1,018,475 ) (794,553 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 September 2023 and were signed by:





J A Smart - Director


KOJIN LIMITED (REGISTERED NUMBER: 09182079)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

Kojin 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Financial instruments
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets
Basic financial assets are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method. Financial assets classified as receivable within one year are not amortised.

Financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting its liabilities.

Basic financial liabilities are initially recognised at transaction price unless the arrangement constitutes a financing transaction.

Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Financial liabilities classified as payable within one year are not amortised.

Going concern
The company is owed money from an associated property development company of which they own 10%. On assessing the value of the property the Director has reviewed the recoverability of the amount owed to Kojin Limited and have made a provision to impair the recoverability of the loan.

The company continues to be supported by other group companies and the director considers that there is adequate group cash facilities to continue to support the company on a going concern basis.

Other income
Income from interest is recognised on a receivable basis.

Investment in associates
Investments in associate undertakings are recognised at cost.

3. EMPLOYEES

The average number of employees during the year was NIL (2022 - NIL).

KOJIN LIMITED (REGISTERED NUMBER: 09182079)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


4. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST
At 1 July 2022
and 30 June 2023 1
NET BOOK VALUE
At 30 June 2023 1
At 30 June 2022 1

5. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Amounts owed by group undertakings - 384,857

Amounts falling due after more than one year:
Other debtors 711,314 692,871

Aggregate amounts 711,314 1,077,728

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 1,728,111 1,870,603
Other creditors 1,680 1,680
1,729,791 1,872,283

7. ULTIMATE CONTROLLING PARTY

The controlling party is Urban Eye Properties Ltd, of which the registered office is Unit 52.11, Woolyard, Bermondsey Street, London, SE1 3UD.