KOKON TO ZAI LIMITED

Company Registration Number:
04615256 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

KOKON TO ZAI LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

KOKON TO ZAI LIMITED

Company Information

for the Period Ended 28 February 2023




Director: Sasko BEZOVSKI
Registered office: 86
Golborne Road
London
GBR
W10 5PS
Company Registration Number: 04615256 (England and Wales)

KOKON TO ZAI LIMITED

Directors' Report Period Ended 28 February 2023

The directors present their report with the financial statements of the company for the period ended 28 February 2023

Principal Activities

Retail sale of clothing in specialised stores.

Directors

The directors shown below have held office during the whole of the period from 01 March 2022 to 28 February 2023
Sasko BEZOVSKI

This report was approved by the board of directors on 26 December 2023
And Signed On Behalf Of The Board By:

Name: Sasko BEZOVSKI
Status: Director

KOKON TO ZAI LIMITED

Profit and Loss Account

for the Period Ended 28 February 2023


Notes

2023
£

2022
£
Turnover 19,804 77,521
Cost of sales ( 1,779 ) ( 57,366 )
Gross Profit or (Loss) 18,025 29,989
Income from coronavirus (COVID-19) business support grants - 9,834
Distribution Costs ( 1,618 ) ( 5,574 )
Administrative Expenses ( 79,131 ) ( 94,807 )
Operating Profit or (Loss) ( 62,724 ) ( 70,392 )
Interest Payable and Similar Charges ( 1,082 ) ( 910 )
Profit or (Loss) Before Tax ( 63,806 ) ( 71,302 )
Profit or (Loss) for Period ( 63,806 ) ( 71,302 )

The notes form part of these financial statements

KOKON TO ZAI LIMITED

Balance sheet

As at 28 February 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 1,690 2,253
Total fixed assets: 1,690 2,253
Current assets
Stocks: 4,755 14,735
Debtors: 5 7,630 3,225
Cash at bank and in hand: 4,511 3,038
Total current assets: 16,896 20,998
Creditors: amounts falling due within one year: 6 ( 163,865 ) ( 94,724 )
Net current assets (liabilities): ( 146,969 ) ( 73,726 )
Total assets less current liabilities: ( 145,279 ) ( 71,473 )
Creditors: amounts falling due after more than one year: 7 ( 35,833 ) ( 45,833 )
Total net assets (liabilities): ( 181,112 ) ( 117,306 )

The notes form part of these financial statements

KOKON TO ZAI LIMITED

Balance sheet continued

As at 28 February 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Revaluation reserve: 8 3,585 3,585
Profit and loss account: ( 184,699 ) ( 120,893 )
Shareholders funds: ( 181,112 ) ( 117,306 )

For the year ending 28 February 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 26 December 2023
And Signed On Behalf Of The Board By:

Name: Sasko BEZOVSKI
Status: Director

The notes form part of these financial statements

KOKON TO ZAI LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts
    and value added taxes. Turnover includes revenue earned from the sale of goods and from the
    rendering of services. Turnover from the sale of goods is recognised when the significant risks
    and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering
    of services is recognised by reference to the stage of completion of the contract. The stage of
    completion of a contract is measured by comparing the costs incurred for work performed to date
    to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative
    impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land,
    at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its
    expected useful life, as follows:

    Plant & Equipment: 25% Reducing balance

KOKON TO ZAI LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 3

KOKON TO ZAI LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No

KOKON TO ZAI LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 March 2022 13,050 13,050
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 28 February 2023 13,050 13,050
Depreciation
At 01 March 2022 10,797 10,797
Charge for year 563 563
On disposals - -
Other adjustments - -
At 28 February 2023 11,360 11,360
Net book value
At 28 February 2023 1,690 1,690
At 28 February 2022 2,253 2,253

KOKON TO ZAI LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Debtors


2023
£

2022
£
Other debtors 7,630 3,225
Total 7,630 3,225

KOKON TO ZAI LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 163,865 92,982
Taxation and social security 1,742
Total 163,865 94,724

KOKON TO ZAI LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 35,833 45,833
Total 35,833 45,833

KOKON TO ZAI LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

8. Revaluation reserve


2023
£
Balance at 01 March 2022 3,585
Surplus or deficit after revaluation 0
Balance at 28 February 2023 3,585