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Company Registration No. 13017635 (England and Wales)
KAI10 LIMITED Unaudited accounts for the year ended 30 November 2023
KAI10 LIMITED Unaudited accounts Contents
Page
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KAI10 LIMITED Company Information for the year ended 30 November 2023
Director
Sebastian Hicks
Company Number
13017635 (England and Wales)
Registered Office
APARTMENT 22 RIVER HEIGHTS 636-638 HIGH LONDON N17 0FD ENGLAND
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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KAI10 LIMITED Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
969 
1,292 
Investment property
206,609 
206,609 
207,578 
207,901 
Current assets
Cash at bank and in hand
494 
2,221 
Creditors: amounts falling due within one year
(208,071)
(209,697)
Net current liabilities
(207,577)
(207,476)
Net assets
1 
425 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
- 
424 
Shareholders' funds
1 
425 
For the year ending 30 November 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 12 July 2024 and were signed on its behalf by
Sebastian Hicks Director Company Registration No. 13017635
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KAI10 LIMITED Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
KAI10 LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13017635. The registered office is APARTMENT 22 RIVER HEIGHTS 636-638 HIGH , LONDON, N17 0FD, 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.
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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
5 years useful life
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KAI10 LIMITED Notes to the Accounts for the year ended 30 November 2023
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 December 2022
1,615 
At 30 November 2023
1,615 
Depreciation
At 1 December 2022
323 
Charge for the year
323 
At 30 November 2023
646 
Net book value
At 30 November 2023
969 
At 30 November 2022
1,292 
5
Investment property
2023 
£ 
Fair value at 1 December 2022
206,609 
At 30 November 2023
206,609 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
58 
- 
Loans from directors
207,750 
209,434 
Accruals
263 
263 
208,071 
209,697 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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