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REGISTERED NUMBER: 10459157 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

KAISHEI INVESTMENTS LIMITED

KAISHEI INVESTMENTS LIMITED (REGISTERED NUMBER: 10459157)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 NOVEMBER 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


KAISHEI INVESTMENTS LIMITED

COMPANY INFORMATION
for the Year Ended 30 NOVEMBER 2023







DIRECTOR: T F Cousins





REGISTERED OFFICE: 1 Manor Gardens
Beaworthy
Halwill Junction
Devon
EX21 5US





REGISTERED NUMBER: 10459157 (England and Wales)





ACCOUNTANTS: Knight & Company Ltd
11 Castle Hill
Maidenhead
Berkshire
SL6 4AA

KAISHEI INVESTMENTS LIMITED (REGISTERED NUMBER: 10459157)

ABRIDGED BALANCE SHEET
30 NOVEMBER 2023

30/11/23 30/11/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 720,000 692,000

CURRENT ASSETS
Cash at bank 13,738 7,578

CREDITORS
Amounts falling due within one year 192,817 192,298
NET CURRENT LIABILITIES (179,079 ) (184,720 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

540,921

507,280

CREDITORS
Amounts falling due after more than one
year

5

(437,565

)

(437,164

)

PROVISIONS FOR LIABILITIES (17,872 ) (12,551 )
NET ASSETS 85,484 57,565

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 6 94,060 66,060
Retained earnings (8,676 ) (8,595 )
SHAREHOLDERS' FUNDS 85,484 57,565

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

KAISHEI INVESTMENTS LIMITED (REGISTERED NUMBER: 10459157)

ABRIDGED BALANCE SHEET - continued
30 NOVEMBER 2023


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 November 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 18 April 2024 and were signed by:





T F Cousins - Director


KAISHEI INVESTMENTS LIMITED (REGISTERED NUMBER: 10459157)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Kaishei Investments 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 as modified by the revaluation of certain assets.

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 asset
Investment property is included at fair value with any fair value gains or losses being recognised in the income statement.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST OR VALUATION
At 1 December 2022 692,000
Revaluations 28,000
At 30 November 2023 720,000
NET BOOK VALUE
At 30 November 2023 720,000
At 30 November 2022 692,000

KAISHEI INVESTMENTS LIMITED (REGISTERED NUMBER: 10459157)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 NOVEMBER 2023

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 30 November 2023 is represented by:

Totals
£   
Valuation in 2020 29,036
Valuation in 2021 37,024
Valuation in 2023 28,000
Cost 625,940
720,000

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
30/11/23 30/11/22
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 353,504 353,103

6. RESERVES
Revaluation
reserve
£   
At 1 December 2022 66,060
Revaluation reserve 28,000

At 30 November 2023 94,060

7. RELATED PARTY DISCLOSURES

In other creditors there is an amount owed
to the director of £173,758 (2022 - £173,758) by the company.