1 January 2023 false No description of principal activity Taxfiler 2024.1 11116622business:PrivateLimitedCompanyLtd2023-01-012023-12-31 111166222022-12-31 111166222023-01-012023-12-31 11116622business:AuditExemptWithAccountantsReport2023-01-012023-12-31 11116622business:FilletedAccounts2023-01-012023-12-31 111166222023-12-31 11116622business:Director12023-01-012023-12-31 11116622business:RegisteredOffice2023-01-012023-12-31 111166222022-12-31 11116622core:WithinOneYear2023-12-31 11116622core:WithinOneYear2022-12-31 11116622core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 11116622core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 11116622core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 11116622core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 11116622core:PreviouslyStatedAmount2023-12-31 11116622core:PreviouslyStatedAmount2022-12-31 11116622business:SmallEntities2023-01-012023-12-31 11116622countries:EnglandWales2023-01-012023-12-31 11116622core:FurnitureFittings2023-01-012023-12-31 11116622core:ComputerEquipment2023-01-012023-12-31 11116622core:MotorVehicles2022-12-31 11116622core:FurnitureFittings2022-12-31 11116622core:ComputerEquipment2022-12-31 11116622core:MotorVehicles2023-01-012023-12-31 11116622core:MotorVehicles2023-12-31 11116622core:FurnitureFittings2023-12-31 11116622core:ComputerEquipment2023-12-31 11116622business:OrdinaryShareClass12023-01-012023-12-31 11116622business:OrdinaryShareClass12022-01-012022-12-31 11116622business:Director112023-01-012023-12-31 11116622business:Director112022-12-31 11116622business:Director112023-12-31 111166222022-01-012022-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 11116622 (England and Wales)
Kenice International Ltd Unaudited accounts for the year ended 31 December 2023
Kenice International Ltd Unaudited accounts Contents
Page
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Kenice International Ltd Company Information for the year ended 31 December 2023
Director
Mr Y K Chan
Company Number
11116622 (England and Wales)
Registered Office
203 West Street Fareham PO16 0EN United Kingdom
Accountants
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN
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Kenice International Ltd Accountants' report
Accountants' report to the director of Kenice International Ltd on the preparation of the unaudited statutory accounts for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Kenice International Ltd for the year ended 31 December 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Kenice International Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Kenice International Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kenice International Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Kenice International Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Kenice International Ltd. You consider that Kenice International Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Kenice International Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN 16 February 2024
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Kenice International Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
59,955 
603 
Current assets
Debtors
1,410 
- 
Cash at bank and in hand
109,710 
113,114 
111,120 
113,114 
Creditors: amounts falling due within one year
(11,510)
(30,004)
Net current assets
99,610 
83,110 
Net assets
159,565 
83,713 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
159,465 
83,613 
Shareholders' funds
159,565 
83,713 
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 16 February 2024 and were signed on its behalf by
Mr Y K Chan Director Company Registration No. 11116622
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Kenice International Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Kenice International Ltd is a private company, limited by shares, registered in England and Wales, registration number 11116622. The registered office is 203 West Street, Fareham, PO16 0EN, United Kingdom.
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.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
- 
464 
821 
1,285 
Additions
61,025 
- 
538 
61,563 
At 31 December 2023
61,025 
464 
1,359 
62,848 
Depreciation
At 1 January 2023
- 
274 
408 
682 
Charge for the year
2,048 
47 
116 
2,211 
At 31 December 2023
2,048 
321 
524 
2,893 
Net book value
At 31 December 2023
58,977 
143 
835 
59,955 
At 31 December 2022
- 
190 
413 
603 
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Kenice International Ltd Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
1,410 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,855 
9,113 
Taxes and social security
4,340 
18,390 
Loans from directors
3,495 
1,121 
Accruals
1,820 
1,380 
11,510 
30,004 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr Y K Chan
Directors Loan Account
(1,121)
(7,980)
(5,606)
(3,495)
(1,121)
(7,980)
(5,606)
(3,495)
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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