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Company Registration No. 12102516 (England and Wales)
KORSIMA HOUSING SERVICES LIMITED Unaudited accounts for the year ended 31 July 2023
KORSIMA HOUSING SERVICES LIMITED Unaudited accounts Contents
Page
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KORSIMA HOUSING SERVICES LIMITED Company Information for the year ended 31 July 2023
Director
Elizabeth Asaam
Company Number
12102516 (England and Wales)
Registered Office
14 ROYAL CLOSE LONDON SE8 5PR ENGLAND
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KORSIMA HOUSING SERVICES LIMITED Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,793 
15,385 
Current assets
Debtors
11,889 
- 
Cash at bank and in hand
1,130 
7,777 
13,019 
7,777 
Creditors: amounts falling due within one year
(792)
(1,675)
Net current assets
12,227 
6,102 
Total assets less current liabilities
24,020 
21,487 
Provisions for liabilities
Other provisions
(5,181)
- 
Net assets
18,839 
21,487 
Capital and reserves
Called up share capital
100 
100 
Capital contribution reserve
19,482 
19,482 
Profit and loss account
(743)
1,905 
Shareholders' funds
18,839 
21,487 
For the year ending 31 July 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 October 2023 and were signed on its behalf by
Elizabeth Asaam Director Company Registration No. 12102516
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KORSIMA HOUSING SERVICES LIMITED Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
KORSIMA HOUSING SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12102516. The registered office is 14 ROYAL CLOSE, LONDON, SE8 5PR, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15%
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2022
18,100 
- 
18,100 
Additions
- 
1,787 
1,787 
At 31 July 2023
18,100 
1,787 
19,887 
Depreciation
At 1 August 2022
2,715 
- 
2,715 
Charge for the year
5,021 
358 
5,379 
At 31 July 2023
7,736 
358 
8,094 
Net book value
At 31 July 2023
10,364 
1,429 
11,793 
At 31 July 2022
15,385 
- 
15,385 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
11,889 
- 
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KORSIMA HOUSING SERVICES LIMITED Notes to the Accounts for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
792 
1,675 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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