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Company Registration No. 14950377 (England and Wales)
Kakn Property Limited Unaudited accounts for the period from 21 June 2023 to 30 June 2024
Kakn Property Limited Unaudited accounts Contents
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Kakn Property Limited Company Information for the period from 21 June 2023 to 30 June 2024
Directors
Yang Li Lian Wei Xu
Company Number
14950377 (England and Wales)
Registered Office
ROSELEA HOUSE CATSASH ROAD LANGSTONE NEWPORT NP18 2LZ WALES
Accountants
Evans Entwistle Venta House Maes-glas Newport NP20 2NS
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Kakn Property Limited for the period from 21 June 2023 to 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Kakn Property Limited for the period from 21 June 2023 to 30 June 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice Venta House Maes-glas Newport NP20 2NS 6 September 2024
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Kakn Property Limited Statement of financial position as at 30 June 2024
2024 
Notes
£ 
Fixed assets
Investment property
349,650 
Current assets
Cash at bank and in hand
362 
Creditors: amounts falling due within one year
(15,580)
Net current liabilities
(15,218)
Total assets less current liabilities
334,432 
Creditors: amounts falling due after more than one year
(394,910)
Net liabilities
(60,478)
Capital and reserves
Called up share capital
2 
Profit and loss account
(60,480)
Shareholders' funds
(60,478)
For the period ending 30 June 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
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 of Directors and authorised for issue on 6 September 2024 and were signed on its behalf by
Lian Wei Xu Director Company Registration No. 14950377
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Kakn Property Limited Notes to the Accounts for the period from 21 June 2023 to 30 June 2024
1
Statutory information
Kakn Property Limited is a private company, limited by shares, registered in England and Wales, registration number 14950377. The registered office is ROSELEA HOUSE CATSASH ROAD, LANGSTONE, NEWPORT, NP18 2LZ, WALES.
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 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.
4
Share capital
2024 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
5
Average number of employees
During the period the average number of employees was 0.
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