Company registration number 13366411 (England and Wales)
KULA TECHNOLOGIES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022
KULA TECHNOLOGIES LIMITED
COMPANY INFORMATION
Directors
Mr N E Jones
Mr S Mehan
Company number
13366411
Registered office
18 St Christopher's Way
Pride Park
Derby
DE24 8JY
Accountants
HSKSG
18 St Christopher's Way
Pride Park
Derby
DE24 8JY
Business address
Unit 225
75 Whitechapel Road
London
E1 1DU
KULA TECHNOLOGIES LIMITED
CONTENTS
Page
Accountants' report
1
Statement of financial position and notes to the financial statements
2 - 3
KULA TECHNOLOGIES LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF KULA TECHNOLOGIES LIMITED FOR THE PERIOD ENDED 31 DECEMBER 2022
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kula Technologies Limited for the period ended 31 December 2022, which comprise the statement of financial position, from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the board of directors of Kula Technologies Limited, as a body, in accordance with the terms of our engagement letter 9 December 2022. Our work has been undertaken solely to prepare for your approval the financial statements of Kula Technologies Limited and state those matters that we have agreed to state to the board of directors of Kula Technologies Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kula Technologies Limited and its board of directors as a body, for our work or for this report.

It is your duty to ensure that Kula Technologies Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Kula Technologies Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Kula Technologies Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

HSKSG
3 November 2023
Chartered Accountants
18 St Christopher's Way
Pride Park
Derby
DE24 8JY
KULA TECHNOLOGIES LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2022
31 December 2022
- 2 -
31 December 2022
31 March 2022
£
£
£
£
Fixed assets
2,083
-
0
Current assets
85,595
209,746
Prepayments and accrued income
50
2,300
Creditors: amounts falling due within one year
(314,662)
(30,144)
Net current (liabilities)/assets
(229,017)
181,902
Total assets less current liabilities
(226,934)
181,902
Creditors: amounts falling due after more than one year
(300,000)
(300,000)
Net liabilities
(526,934)
(118,098)
Capital and reserves
(526,934)
(118,098)
Notes to the financial statements
1
Employees

The average number of persons, including directors, employed by the company during the period was as follows:

2022
2022
Number
Number
Employees
7
2

Kula Technologies Limited is a private company limited by shares incorporated in England and Wales. The registered office is 18 St Christopher's Way, Pride Park, Derby, DE24 8JY.

For the period ended 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

KULA TECHNOLOGIES LIMITED
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2022
31 December 2022
- 3 -
The financial statements were approved by the board of directors and authorised for issue on 2 November 2023 and are signed on its behalf by:
..............................................
..............................................
Mr N E Jones
Mr S Mehan
Director
Director
Company registration number 13366411 (England and Wales)
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