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REGISTERED NUMBER: 06399171 (England and Wales)




















Financial Statements

for the Year Ended 31 March 2024

for

KIREI LIMITED

KIREI LIMITED (REGISTERED NUMBER: 06399171)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KIREI LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs H Moss
N Moss





SECRETARY: Mrs H Moss





REGISTERED OFFICE: Riverdale House
18 Riverdale Road
Twickenham
Middlesex
TW1 2BS





REGISTERED NUMBER: 06399171 (England and Wales)





ACCOUNTANTS: Alvis & Company (Accountants) Limited
143 Station Road
Hampton
Middlesex
TW12 2AL

KIREI LIMITED (REGISTERED NUMBER: 06399171)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 66,700 84,073

CURRENT ASSETS
Debtors 5 918,194 858,655
Cash at bank 593,255 236,983
1,511,449 1,095,638
CREDITORS
Amounts falling due within one year 6 (851,625 ) (780,990 )
NET CURRENT ASSETS 659,824 314,648
TOTAL ASSETS LESS CURRENT
LIABILITIES

726,524

398,721

CREDITORS
Amounts falling due after more than one
year

7

-

(31,833

)

PROVISIONS FOR LIABILITIES (16,675 ) (21,018 )
NET ASSETS 709,849 345,870

CAPITAL AND RESERVES
Called up share capital 8 2 1
Capital redemption reserve 1 1
Retained earnings 709,846 345,868
SHAREHOLDERS' FUNDS 709,849 345,870

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

KIREI LIMITED (REGISTERED NUMBER: 06399171)

Balance Sheet - continued
31 March 2024


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 29 August 2024 and were signed on its behalf by:




Mrs H Moss - Director



N Moss - Director


KIREI LIMITED (REGISTERED NUMBER: 06399171)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Kirei 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.

Turnover
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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Website - Straight line over 3 years
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on cost
Computer equipment - Straight line over 3 years

Taxation
Taxation for the year 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 year 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.

Foreign currencies
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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

KIREI LIMITED (REGISTERED NUMBER: 06399171)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
Website fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 3,835 57,381 70,627 10,163 142,006
Additions - 2,308 - 484 2,792
Disposals - - - (154 ) (154 )
At 31 March 2024 3,835 59,689 70,627 10,493 144,644
DEPRECIATION
At 1 April 2023 3,835 22,549 23,432 8,117 57,933
Charge for year - 9,285 9,696 1,184 20,165
Eliminated on disposal - - - (154 ) (154 )
At 31 March 2024 3,835 31,834 33,128 9,147 77,944
NET BOOK VALUE
At 31 March 2024 - 27,855 37,499 1,346 66,700
At 31 March 2023 - 34,832 47,195 2,046 84,073

KIREI LIMITED (REGISTERED NUMBER: 06399171)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2023
and 31 March 2024 70,627
DEPRECIATION
At 1 April 2023 23,432
Charge for year 9,696
At 31 March 2024 33,128
NET BOOK VALUE
At 31 March 2024 37,499
At 31 March 2023 47,195

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 833,267 792,104
Other debtors 84,927 66,551
918,194 858,655

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 31,833 9,920
Trade creditors 622,480 616,453
Taxation and social security 174,060 118,884
Other creditors 23,252 35,733
851,625 780,990

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts - 31,833

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
2 Ordinary £1 2 1

1 Ordinary share of £1 was issued during the year for cash of £ 1 .