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Company Registration No. 10007880 (England and Wales)
KANCHI TECHNOLOGIES LIMITED Unaudited accounts for the year ended 31 December 2023
KANCHI TECHNOLOGIES LIMITED Unaudited accounts Contents
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KANCHI TECHNOLOGIES LIMITED Company Information for the year ended 31 December 2023
Director
A SHANMUGAM
Company Number
10007880 (England and Wales)
Registered Office
8 LINEN LANE BUCKINGHAM MK18 7RX ENGLAND
Accountants
NSG & CO Chartered Certified Accountants Imperial Place 4 Maxwell Road Borehamwood Hertfordshire WD6 1JN
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KANCHI TECHNOLOGIES LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
613 
Current assets
Debtors
7,560 
2,400 
Cash at bank and in hand
16,485 
57,202 
24,045 
59,602 
Creditors: amounts falling due within one year
(8,373)
(41,936)
Net current assets
15,672 
17,666 
Net assets
15,672 
18,279 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
15,572 
18,179 
Shareholders' funds
15,672 
18,279 
For the year ending 31 December 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 11 March 2024 and were signed on its behalf by
A SHANMUGAM Director Company Registration No. 10007880
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KANCHI TECHNOLOGIES LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
KANCHI TECHNOLOGIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10007880. The registered office is 8 LINEN LANE, BUCKINGHAM, MK18 7RX, 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:
Computer equipment
20% Reduced Balance Basis
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
2,235 
At 31 December 2023
2,235 
Depreciation
At 1 January 2023
1,622 
Charge for the year
613 
At 31 December 2023
2,235 
Net book value
At 31 December 2023
- 
At 31 December 2022
613 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,560 
2,400 
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KANCHI TECHNOLOGIES LIMITED Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,827 
2,516 
Trade creditors
- 
28,800 
Taxes and social security
6,100 
9,272 
Loans from directors
371 
1,348 
Accruals
75 
- 
8,373 
41,936 
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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