Company Registration No. 5371395 (England and Wales)
Ki-an (Uk) Limited
Unaudited accounts
for the year ended 29 February 2024
Ki-an (Uk) Limited
Unaudited accounts
Contents
Ki-an (Uk) Limited
Company Information
for the year ended 29 February 2024
Company Number
5371395 (England and Wales)
Registered Office
33 Springfield Crescent
Horsham
West Sussex
RH12 2PP
Accountants
M&T Accounting Limited
24 Great Lime Kilns
Southwater
Horsham
West Sussex
RH13 9JL
Ki-an (Uk) Limited
Statement of financial position
as at 29 February 2024
Tangible assets
4,122
4,567
Cash at bank and in hand
348,312
374,626
Creditors: amounts falling due within one year
(3,798)
(30,372)
Net current assets
344,537
345,204
Total assets less current liabilities
348,659
349,771
Provisions for liabilities
Net assets
347,876
348,903
Called up share capital
4
4
Profit and loss account
347,872
348,899
Shareholders' funds
347,876
348,903
For the year ending 29 February 2024 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 August 2024 and were signed on its behalf by
A Quek
Director
Company Registration No. 5371395
Ki-an (Uk) Limited
Notes to the Accounts
for the year ended 29 February 2024
Ki-an (Uk) Limited is a private company, limited by shares, registered in England and Wales, registration number 5371395. The registered office is 33 Springfield Crescent, Horsham, West Sussex, RH12 2PP.
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 as modified by the revaluation of certain fixed assets.
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.
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
20% on reducing balance
Computer equipment
20% on reducing balance
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.
Ki-an (Uk) Limited
Notes to the Accounts
for the year ended 29 February 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
11,873
4,391
16,264
At 29 February 2024
12,264
4,533
16,797
At 1 March 2023
9,396
2,301
11,697
Charge for the year
548
430
978
At 29 February 2024
9,944
2,731
12,675
At 29 February 2024
2,320
1,802
4,122
At 28 February 2023
2,477
2,090
4,567
Amounts falling due within one year
Accrued income and prepayments
-
950
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,036
29,354
Loans from directors
2,317
618
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4
4
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).