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REGISTERED NUMBER: 12810808 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 SEPTEMBER 2023 TO 30 JUNE 2024

FOR

KANAI LIMITED

KANAI LIMITED (REGISTERED NUMBER: 12810808)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 SEPTEMBER 2023 TO 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KANAI LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 SEPTEMBER 2023 TO 30 JUNE 2024







DIRECTORS: S Ghosh
Dr N Ghosh
A V Ghoah





REGISTERED OFFICE: 7 St John's Road
Harrow
Middlesex
HA1 2EY





REGISTERED NUMBER: 12810808 (England and Wales)





ACCOUNTANTS: Macalvins Limited
Chartered Accountants
7 St John's Road
Harrow
Middlesex
HA1 2EY

KANAI LIMITED (REGISTERED NUMBER: 12810808)

BALANCE SHEET
30 JUNE 2024

30.6.24 31.8.23
Notes £    £   
CURRENT ASSETS
Debtors 4 10,494 4,665
Cash at bank 40,058 88,921
50,552 93,586
CREDITORS
Amounts falling due within one year 5 40,517 43,442
NET CURRENT ASSETS 10,035 50,144
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,035

50,144

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 6 10,034 50,143
SHAREHOLDERS' FUNDS 10,035 50,144

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 August 2024 and were signed on its behalf by:





Dr N Ghosh - Director


KANAI LIMITED (REGISTERED NUMBER: 12810808)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 SEPTEMBER 2023 TO 30 JUNE 2024

1. STATUTORY INFORMATION

Kanai Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - 1 ).

4. DEBTORS
30.6.24 31.8.23
£    £   
Amounts falling due within one year:
Other debtors - 4,604
VAT 1 61
1 4,665

Amounts falling due after more than one year:
Trade debtors 10,493 -

Aggregate amounts 10,494 4,665

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 31.8.23
£    £   
Director's current account 40,517 39,942
Accruals and deferred income - 3,500
40,517 43,442

KANAI LIMITED (REGISTERED NUMBER: 12810808)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 SEPTEMBER 2023 TO 30 JUNE 2024

6. RESERVES
Retained
earnings
£   

At 1 September 2023 50,143
Deficit for the period (9,109 )
Dividends (31,000 )
At 30 June 2024 10,034

7. RELATED PARTY DISCLOSURES

During the period, total dividends of £31,000 were paid to the directors .

During the year £9,100 (2023: £9,100) remuneration paid to directors. Creditors include £40,517 (2023: £39,622) amount owed to the directors of the company.