Company Registration No. 09721543 (England and Wales)
Kaysa Limited
Unaudited accounts
for the year ended 31 August 2023
Kaysa Limited
Unaudited accounts
Contents
Kaysa Limited
Company Information
for the year ended 31 August 2023
Company Number
09721543 (England and Wales)
Registered Office
167-169 GREAT PORTLAND STREET
5TH FLOOR
LONDON
W1W 5PF
ENGLAND
Kaysa Limited
Statement of financial position
as at 31 August 2023
Called up share capital not paid
80
80
Cash at bank and in hand
957
1,561
Creditors: amounts falling due within one year
21,365
4,413
Net current assets
65,836
47,296
Called up share capital
100
100
Profit and loss account
65,816
47,276
Shareholders' funds
65,916
47,376
For the year ending 31 August 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 her 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 9 August 2024 and were signed on its behalf by
A Sachtleben
Director
Company Registration No. 09721543
Kaysa Limited
Notes to the Accounts
for the year ended 31 August 2023
Kaysa Limited is a private company, limited by shares, registered in England and Wales, registration number 09721543. The registered office is 167-169 GREAT PORTLAND STREET, 5TH FLOOR, LONDON, W1W 5PF, 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.
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.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Amounts falling due within one year
Other debtors
43,514
41,322
Kaysa Limited
Notes to the Accounts
for the year ended 31 August 2023
5
Creditors: amounts falling due within one year
2023
2022
Trade creditors
1,964
1,964
Taxes and social security
7,710
1,367
Loans from directors
(33,660)
(9,540)
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's loan, interst free and repayable on demand
9,540
33,660
9,540
33,660
9,540
33,660
9,540
33,660
The loan was fully repaid within 9 months of the year end.
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).