2023-04-012024-03-312024-03-31false13976863KERIS ENTERPRISE LTD2024-04-1656101iso4217:GBPxbrli:pure139768632023-04-01139768632024-03-31139768632023-04-012024-03-31139768632022-03-15139768632023-03-31139768632022-03-152023-03-3113976863bus:SmallEntities2023-04-012024-03-3113976863bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3113976863bus:FullAccounts2023-04-012024-03-3113976863bus:PrivateLimitedCompanyLtd2023-04-012024-03-3113976863core:WithinOneYear2024-03-3113976863core:AfterOneYear2024-03-3113976863core:WithinOneYear2023-03-3113976863core:AfterOneYear2023-03-3113976863core:ShareCapital2024-03-3113976863core:SharePremium2024-03-3113976863core:RevaluationReserve2024-03-3113976863core:OtherReservesSubtotal2024-03-3113976863core:RetainedEarningsAccumulatedLosses2024-03-3113976863core:ShareCapital2023-03-3113976863core:SharePremium2023-03-3113976863core:RevaluationReserve2023-03-3113976863core:OtherReservesSubtotal2023-03-3113976863core:RetainedEarningsAccumulatedLosses2023-03-3113976863core:LandBuildings2024-03-3113976863core:PlantMachinery2024-03-3113976863core:Vehicles2024-03-3113976863core:FurnitureFittings2024-03-3113976863core:OfficeEquipment2024-03-3113976863core:NetGoodwill2024-03-3113976863core:IntangibleAssetsOtherThanGoodwill2024-03-3113976863core:ListedExchangeTraded2024-03-3113976863core:UnlistedNon-exchangeTraded2024-03-3113976863core:LandBuildings2023-03-3113976863core:PlantMachinery2023-03-3113976863core:Vehicles2023-03-3113976863core:FurnitureFittings2023-03-3113976863core:OfficeEquipment2023-03-3113976863core:NetGoodwill2023-03-3113976863core:IntangibleAssetsOtherThanGoodwill2023-03-3113976863core:ListedExchangeTraded2023-03-3113976863core:UnlistedNon-exchangeTraded2023-03-3113976863core:LandBuildings2023-04-012024-03-3113976863core:PlantMachinery2023-04-012024-03-3113976863core:Vehicles2023-04-012024-03-3113976863core:FurnitureFittings2023-04-012024-03-3113976863core:OfficeEquipment2023-04-012024-03-3113976863core:NetGoodwill2023-04-012024-03-3113976863core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3113976863core:ListedExchangeTraded2023-04-012024-03-3113976863core:UnlistedNon-exchangeTraded2023-04-012024-03-3113976863core:MoreThanFiveYears2023-04-012024-03-3113976863core:Non-currentFinancialInstruments2024-03-3113976863core:Non-currentFinancialInstruments2023-03-3113976863dpl:CostSales2023-04-012024-03-3113976863dpl:DistributionCosts2023-04-012024-03-3113976863core:LandBuildings2023-04-012024-03-3113976863core:PlantMachinery2023-04-012024-03-3113976863core:Vehicles2023-04-012024-03-3113976863core:FurnitureFittings2023-04-012024-03-3113976863core:OfficeEquipment2023-04-012024-03-3113976863dpl:AdministrativeExpenses2023-04-012024-03-3113976863core:NetGoodwill2023-04-012024-03-3113976863core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3113976863dpl:GroupUndertakings2023-04-012024-03-3113976863dpl:ParticipatingInterests2023-04-012024-03-3113976863dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3113976863core:ListedExchangeTraded2023-04-012024-03-3113976863dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3113976863core:UnlistedNon-exchangeTraded2023-04-012024-03-3113976863dpl:CostSales2022-03-152023-03-3113976863dpl:DistributionCosts2022-03-152023-03-3113976863core:LandBuildings2022-03-152023-03-3113976863core:PlantMachinery2022-03-152023-03-3113976863core:Vehicles2022-03-152023-03-3113976863core:FurnitureFittings2022-03-152023-03-3113976863core:OfficeEquipment2022-03-152023-03-3113976863dpl:AdministrativeExpenses2022-03-152023-03-3113976863core:NetGoodwill2022-03-152023-03-3113976863core:IntangibleAssetsOtherThanGoodwill2022-03-152023-03-3113976863dpl:GroupUndertakings2022-03-152023-03-3113976863dpl:ParticipatingInterests2022-03-152023-03-3113976863dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-152023-03-3113976863core:ListedExchangeTraded2022-03-152023-03-3113976863dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-152023-03-3113976863core:UnlistedNon-exchangeTraded2022-03-152023-03-3113976863core:NetGoodwill2024-03-3113976863core:IntangibleAssetsOtherThanGoodwill2024-03-3113976863core:LandBuildings2024-03-3113976863core:PlantMachinery2024-03-3113976863core:Vehicles2024-03-3113976863core:FurnitureFittings2024-03-3113976863core:OfficeEquipment2024-03-3113976863core:AfterOneYear2024-03-3113976863core:WithinOneYear2024-03-3113976863core:ListedExchangeTraded2024-03-3113976863core:UnlistedNon-exchangeTraded2024-03-3113976863core:ShareCapital2024-03-3113976863core:SharePremium2024-03-3113976863core:RevaluationReserve2024-03-3113976863core:OtherReservesSubtotal2024-03-3113976863core:RetainedEarningsAccumulatedLosses2024-03-3113976863core:NetGoodwill2023-03-3113976863core:IntangibleAssetsOtherThanGoodwill2023-03-3113976863core:LandBuildings2023-03-3113976863core:PlantMachinery2023-03-3113976863core:Vehicles2023-03-3113976863core:FurnitureFittings2023-03-3113976863core:OfficeEquipment2023-03-3113976863core:AfterOneYear2023-03-3113976863core:WithinOneYear2023-03-3113976863core:ListedExchangeTraded2023-03-3113976863core:UnlistedNon-exchangeTraded2023-03-3113976863core:ShareCapital2023-03-3113976863core:SharePremium2023-03-3113976863core:RevaluationReserve2023-03-3113976863core:OtherReservesSubtotal2023-03-3113976863core:RetainedEarningsAccumulatedLosses2023-03-3113976863core:NetGoodwill2022-03-1513976863core:IntangibleAssetsOtherThanGoodwill2022-03-1513976863core:LandBuildings2022-03-1513976863core:PlantMachinery2022-03-1513976863core:Vehicles2022-03-1513976863core:FurnitureFittings2022-03-1513976863core:OfficeEquipment2022-03-1513976863core:AfterOneYear2022-03-1513976863core:WithinOneYear2022-03-1513976863core:ListedExchangeTraded2022-03-1513976863core:UnlistedNon-exchangeTraded2022-03-1513976863core:ShareCapital2022-03-1513976863core:SharePremium2022-03-1513976863core:RevaluationReserve2022-03-1513976863core:OtherReservesSubtotal2022-03-1513976863core:RetainedEarningsAccumulatedLosses2022-03-1513976863core:AfterOneYear2023-04-012024-03-3113976863core:WithinOneYear2023-04-012024-03-3113976863core:Non-currentFinancialInstrumentscore:CostValuation2023-04-012024-03-3113976863core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-012024-03-3113976863core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-012024-03-3113976863core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-012024-03-3113976863core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-012024-03-3113976863core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-012024-03-3113976863core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3113976863core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3113976863core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3113976863core:Non-currentFinancialInstrumentscore:CostValuation2024-03-3113976863core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-03-3113976863core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-03-3113976863core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-03-3113976863core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-03-3113976863core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-03-3113976863core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-03-3113976863core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-03-3113976863core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-03-3113976863core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3113976863core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3113976863core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3113976863core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3113976863core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3113976863core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3113976863core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3113976863core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3113976863core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3113976863bus:Director12023-04-012024-03-3113976863bus:Director22023-04-012024-03-31

KERIS ENTERPRISE LTD

Registered Number
13976863
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

KERIS ENTERPRISE LTD
Company Information
for the year from 1 April 2023 to 31 March 2024

Directors

LEE, Yap Koi
PANG, Kuin Poi

Registered Address

12 John Princes Street
London
W1G 0JR

Place of Business

35-39 Inverness Terrace

London

W2 3JS


Registered Number

13976863 (England and Wales)
KERIS ENTERPRISE LTD
Statement of Financial Position
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets322,52120,714
22,52120,714
Current assets
Debtors163,13737,241
Cash at bank and on hand172,846147,389
335,983184,630
Creditors amounts falling due within one year4(251,330)(176,924)
Net current assets (liabilities)84,6537,706
Total assets less current liabilities107,17428,420
Net assets107,17428,420
Capital and reserves
Called up share capital100100
Profit and loss account107,07428,320
Shareholders' funds107,17428,420
The financial statements were approved and authorised for issue by the Board of Directors on 16 April 2024, and are signed on its behalf by:
LEE, Yap Koi
Director
PANG, Kuin Poi
Director

Registered Company No. 13976863
KERIS ENTERPRISE LTD
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
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.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery25
Office Equipment25
2.Average number of employees

20242023
Average number of employees during the year2513
3.Tangible fixed assets

Plant & machinery

Office Equipment

Total

£££
Cost or valuation
At 01 April 2319,3418,27727,618
Additions-9,3149,314
At 31 March 2419,34117,59136,932
Depreciation and impairment
At 01 April 234,8352,0696,904
Charge for year3,6273,8807,507
At 31 March 248,4625,94914,411
Net book value
At 31 March 2410,87911,64222,521
At 31 March 2314,5066,20820,714
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables110,61592,766
Bank borrowings and overdrafts31,66430,000
Taxation and social security88,57346,157
Accrued liabilities and deferred income20,4788,001
Total251,330176,924
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.