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Reports Dated : 13/09/2024 Registered Number: 12996866
England and Wales

 

 

 

KANDON TECHNOLOGIES LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 January 2023

End date: 31 December 2023
Report to the directors on the preparation of the unaudited statutory accounts of Kandon Technologies Ltd for the year ended 31 December 2023

In order to assist you to fulfill your duties under the Companies Act 2006, we have prepared for your approval the accounts of Kandon Technologies Ltd for the year ended 31 December 2023 which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/

This report is made solely to the Board of Directors of Kandon Technologies Ltd, as a body, in accordance with the terms of our engagement letter.
Our work has been undertaken solely to prepare for your approval the accounts of Kandon Technologies Ltd and state those matters that we have agreed to state to the Board of Directors of Kandon Technologies Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kandon Technologies Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Kandon Technologies Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position, and profit of Kandon Technologies Ltd.  You consider that Kandon Technologies Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Kandon Technologies Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.



....................................................
Accountancy Enterprise Ltd
71-75 Shelton Street
Covent Garden
WC2H 9JQ
13 September 2024
1
 
 
Notes
 
2023
£
  2022
£
Current assets      
Debtors 107,651    101,000 
Cash at bank and in hand 118,467   
226,118    101,000 
Creditors: amount falling due within one year (6,651)  
Net current assets 219,467    101,000 
 
Total assets less current liabilities 219,467    101,000 
Creditors: amount falling due after more than one year (119,392)  
Net assets 100,075    101,000 
 

Capital and reserves
     
Called up share capital 3 101,000    101,000 
Profit and loss account (925)  
Shareholders' funds 100,075    101,000 
 


For the year to 31 December 2023, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the companies act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 13 September 2024 and were signed on its behalf by:


-------------------------------
Peter Obinwanne Owunna
Director
2
General Information



1.

Accounting policies

Significant accounting policies
Kandon Technologies Limited is a private company, limited by shares, registered in England and Wales. 

The financial statements are prepared in sterling which is the functional currency of the company.

These financial statements have been prepared in compliance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements have been prepared under the historical cost convention.
2.

Average number of employees

Average number of employees during the year was 1 (2022 : 1).
3.

Share Capital

Allotted, called up and fully paid
2023
£
  2022
£
101,000 Class A shares of £1.00 each 101,000    101,000 
101,000    101,000 

3