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REGISTERED NUMBER: 12167268 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

KAS-B Technologies Limited

KAS-B Technologies Limited (Registered number: 12167268)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 6

KAS-B Technologies Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: S Binny





REGISTERED OFFICE: Unit 3b
Wessex Gate
Portsmouth Road
Horndean
Hampshire
PO8 9LP





REGISTERED NUMBER: 12167268 (England and Wales)





ACCOUNTANTS: Johnston Wood Roach Limited
24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ

KAS-B Technologies Limited (Registered number: 12167268)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 65,054 64,685
Investments 5 2,783,568 2,783,568
2,848,622 2,848,253

CURRENT ASSETS
Debtors 6 387,436 689
Cash at bank 12,225 45,710
399,661 46,399
CREDITORS
Amounts falling due within one year 7 1,680,901 2,784,410
NET CURRENT LIABILITIES (1,281,240 ) (2,738,011 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,567,382

110,242

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,567,381 110,241
SHAREHOLDERS' FUNDS 1,567,382 110,242

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 March 2024 and were signed by:





S Binny - Director


KAS-B Technologies Limited (Registered number: 12167268)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

KAS-B Technologies 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

KAS-B Technologies Limited (Registered number: 12167268)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor
property fittings vehicles Totals
£    £    £    £   
COST
At 1 February 2023 36,757 - 46,187 82,944
Additions - 17,711 - 17,711
At 31 January 2024 36,757 17,711 46,187 100,655
DEPRECIATION
At 1 February 2023 9,022 - 9,237 18,259
Charge for year 3,676 4,428 9,238 17,342
At 31 January 2024 12,698 4,428 18,475 35,601
NET BOOK VALUE
At 31 January 2024 24,059 13,283 27,712 65,054
At 31 January 2023 27,735 - 36,950 64,685

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 February 2023
and 31 January 2024 2,783,568
NET BOOK VALUE
At 31 January 2024 2,783,568
At 31 January 2023 2,783,568

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 8,000 -
Other debtors 379,436 689
387,436 689

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Amounts owed to group undertakings 1,672,252 2,776,337
Taxation and social security 7,549 6,564
Other creditors 1,100 1,509
1,680,901 2,784,410

KAS-B Technologies Limited (Registered number: 12167268)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the Director owed the company £379,436 (2023: the company owed the Director £509).

KAS-B Technologies Limited

Report of the Accountants to the Director of
KAS-B Technologies Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2024 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Johnston Wood Roach Limited
24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ


Date: .............................................