Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 10509704 Miss Kum Cheong iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10509704 2022-12-31 10509704 2023-12-31 10509704 2023-01-01 2023-12-31 10509704 frs-core:CurrentFinancialInstruments 2023-12-31 10509704 frs-core:Non-currentFinancialInstruments 2023-12-31 10509704 frs-core:PlantMachinery 2023-12-31 10509704 frs-core:PlantMachinery 2023-01-01 2023-12-31 10509704 frs-core:PlantMachinery 2022-12-31 10509704 frs-core:ShareCapital 2023-12-31 10509704 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10509704 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10509704 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 10509704 frs-bus:SmallEntities 2023-01-01 2023-12-31 10509704 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 10509704 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 10509704 frs-bus:Director1 2023-01-01 2023-12-31 10509704 frs-countries:EnglandWales 2023-01-01 2023-12-31 10509704 2021-12-31 10509704 2022-12-31 10509704 2022-01-01 2022-12-31 10509704 frs-core:CurrentFinancialInstruments 2022-12-31 10509704 frs-core:Non-currentFinancialInstruments 2022-12-31 10509704 frs-core:ShareCapital 2022-12-31 10509704 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 10509704
Kaifeng Kosher Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10509704
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,463 4,528
3,463 4,528
CURRENT ASSETS
Stocks 5 36,500 26,750
Cash at bank and in hand 41,256 98,527
77,756 125,277
Creditors: Amounts Falling Due Within One Year 6 (67,463 ) (73,304 )
NET CURRENT ASSETS (LIABILITIES) 10,293 51,973
TOTAL ASSETS LESS CURRENT LIABILITIES 13,756 56,501
Creditors: Amounts Falling Due After More Than One Year 7 (10,612 ) (34,443 )
NET ASSETS 3,144 22,058
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 3,143 22,057
SHAREHOLDERS' FUNDS 3,144 22,058
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For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Miss Kum Cheong
Director
18/09/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Kaifeng Kosher Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10509704 . The registered office is 51-53 Church Road, London, NW4 4DU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
These financial statements for the year ended 31 December 2023 are the company’s first financial statements that comply with FRS 102 Section 1A. The company’s date of transition to FRS 102 Section 1A is 1 January 2022. It's last financial statements prepared in accordance with the entity’s previous financial reporting framework of FRS105 were for the year-ended 31 December 2022.
The transition to FRS 102 section 1A has resulted in a number of changes to the company’s accounting policies compared to those used when applying the previous financial reporting framework.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25%
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. 
2.5. 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.
2.6. Going Concern
The directors have considered the working capital position of the company and future working capital requirements, including any impact from the ongoing conflict in Ukraine and the current high interest rates in the UK and are satisfied that the company will be able to meet its liabilities as they fall due for a period of not less than one year from date of approval of these financial statements.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2022: 9)
12 9
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4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 January 2023 8,913
As at 31 December 2023 8,913
Depreciation
As at 1 January 2023 4,385
Provided during the period 1,065
As at 31 December 2023 5,450
Net Book Value
As at 31 December 2023 3,463
As at 1 January 2023 4,528
5. Stocks
2023 2022
£ £
Stock 36,500 26,750
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 7,501
Bank loans and overdrafts 24,821 21,600
Other creditors 2,569 11,119
Taxation and social security 40,073 33,084
67,463 73,304
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 10,612 34,443
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
9. Dividends
2023 2022
£ £
On equity shares:
Final dividend paid 13,000 3,000
During the period, total dividends of £13,000 were paid to the director, Ms K. Cheong. 
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