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Company Registration No. 12645738 (England and Wales)
Kaizen Reece Group Ltd Unaudited accounts for the year ended 30 June 2023
Kaizen Reece Group Ltd Unaudited accounts Contents
Page
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Kaizen Reece Group Ltd Company Information for the year ended 30 June 2023
Directors
Harpreet Singh Sandhu Simran Jit Kaur Sandhu
Company Number
12645738 (England and Wales)
Registered Office
UNIT 2, BURLEY HOUSE ROWDITCH PLACE DERBY DE22 3LR ENGLAND
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Kaizen Reece Group Ltd Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,213 
1,299 
Investments
151 
151 
2,364 
1,450 
Current assets
Debtors
130,472 
118,234 
Cash at bank and in hand
5,052 
36,130 
135,524 
154,364 
Creditors: amounts falling due within one year
(6,787)
(60,501)
Net current assets
128,737 
93,863 
Total assets less current liabilities
131,101 
95,313 
Creditors: amounts falling due after more than one year
(115,960)
(111,844)
Net assets/(liabilities)
15,141 
(16,531)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
15,041 
(16,631)
Shareholders' funds
15,141 
(16,531)
For the year ending 30 June 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 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 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 of Directors and authorised for issue on 13 March 2024 and were signed on its behalf by
Simran Jit Kaur Sandhu Director Company Registration No. 12645738
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Kaizen Reece Group Ltd Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Kaizen Reece Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 12645738. The registered office is UNIT 2, BURLEY HOUSE, ROWDITCH PLACE, DERBY, DE22 3LR, 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
25% reduction Balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2022
1,299 
Additions
914 
At 30 June 2023
2,213 
Depreciation
At 30 June 2023
- 
Net book value
At 30 June 2023
2,213 
At 30 June 2022
1,299 
5
Investments
Other investments 
£ 
Valuation at 1 July 2022
151 
Valuation at 30 June 2023
151 
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Kaizen Reece Group Ltd Notes to the Accounts for the year ended 30 June 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
130,472 
118,234 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
4,520 
- 
Loans from directors
- 
59,072 
Accruals
2,267 
1,429 
6,787 
60,501 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
27,470 
27,470 
Other creditors
88,490 
84,374 
115,960 
111,844 
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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