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REGISTERED NUMBER: 09945398 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

Kayana Limited

Kayana Limited (Registered number: 09945398)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Kayana Limited

Company Information
for the Year Ended 31 January 2023







DIRECTORS: Mr N Sidhu
Mrs P L Sidhu





REGISTERED OFFICE: Pinnacle House
1 Pinnacle Way
Derby
Derbyshire
DE24 8ZS





REGISTERED NUMBER: 09945398 (England and Wales)





ACCOUNTANTS: Underwood Green
Pinnacle House
1 Pinnacle Way
Derby
Derbyshire
DE24 8ZS

Kayana Limited (Registered number: 09945398)

Balance Sheet
31 January 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 675,000 489,491

CURRENT ASSETS
Debtors 5 103 150
Cash at bank 1,834 1,560
1,937 1,710
CREDITORS
Amounts falling due within one year 6 316,442 304,902
NET CURRENT LIABILITIES (314,505 ) (303,192 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

360,495

186,299

CREDITORS
Amounts falling due after more than one
year

7

(167,296

)

(177,926

)

PROVISIONS FOR LIABILITIES (45,612 ) -
NET ASSETS 147,587 8,373

CAPITAL AND RESERVES
Called up share capital 8 100 100
Non distributable reserve 9 136,836 -
Retained earnings 10,651 8,273
SHAREHOLDERS' FUNDS 147,587 8,373

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.

Kayana Limited (Registered number: 09945398)

Balance Sheet - continued
31 January 2023


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 Board of Directors and authorised for issue on 20 October 2023 and were signed on its behalf by:





Mr N Sidhu - Director


Kayana Limited (Registered number: 09945398)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Kayana 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rents received.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

A transfer is made from retained earnings to the non distributable reserve for the amount of any market value surplus or deficit net of deferred tax provided.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2022 489,491
Additions 3,060
Revaluations 182,449
At 31 January 2023 675,000
NET BOOK VALUE
At 31 January 2023 675,000
At 31 January 2022 489,491

Kayana Limited (Registered number: 09945398)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

4. INVESTMENT PROPERTY - continued

Fair value at 31 January 2023 is represented by:
£   
Valuation in 2023 182,449
Cost 492,551
675,000

If investment property had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 492,551 489,491

Investment property was valued on an open market basis on 31 January 2023 by the director, Mr N Sidhu .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Prepayments 103 150

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,746 10,358
Trade creditors - 90
Tax 1,496 1,161
Other creditors 2,060 -
Directors' current accounts 301,150 292,333
Accruals and deferred income 990 960
316,442 304,902

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 11,153 10,751
Bank loans - 2-5 years 36,061 34,759
Bank loans - more than 5 years 120,082 132,416
167,296 177,926

Amounts falling due in more than five years:

Repayable by instalments
Bank loans - more than 5 years 120,082 132,416

Kayana Limited (Registered number: 09945398)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Non
distributable
reserve
£   
Transfer between reserves 136,836

At 31 January 2023 136,836