KOMAINU UK LIMITED

Company Registration Number:
11841450 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

KOMAINU UK LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

KOMAINU UK LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 36,148 36,148
Tangible assets: 4 81,583 66,415
Investments:   0 0
Total fixed assets: 117,731 102,563
Current assets
Stocks: 0 0
Debtors:   174,053 432,254
Cash at bank and in hand: 861,375 672,107
Investments:   0 0
Total current assets: 1,035,428 1,104,361
Creditors: amounts falling due within one year:   (824,137) (1,043,587)
Net current assets (liabilities): 211,291 60,774
Total assets less current liabilities: 329,022 163,337
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 329,022 163,337
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 328,922 163,237
Shareholders funds: 329,022 163,337

The notes form part of these financial statements

KOMAINU UK LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 September 2024
and signed on behalf of the board by:

Name: Anthony Larkin
Status: Director

The notes form part of these financial statements

KOMAINU UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

KOMAINU UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 25 19

KOMAINU UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible Assets

Total
Cost £
At 01 January 2023 36,148
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2023 36,148
Amortisation
At 01 January 2023 0
Charge for year 0
On disposals 0
Other adjustments 0
At 31 December 2023 0
Net book value
At 31 December 2023 36,148
At 31 December 2022 36,148

KOMAINU UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 85,372
Additions 50,719
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2023 136,091
Depreciation
At 01 January 2023 18,957
Charge for year 35,551
On disposals 0
Other adjustments 0
At 31 December 2023 54,508
Net book value
At 31 December 2023 81,583
At 31 December 2022 66,415

KOMAINU UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Related party transactions

Name of the related party: Komainu Holdings Limited ('KHL')
Relationship:
Shareholder
Description of the Transaction: KHL settled expenditure of £4,256,787 (2022: £3,795,202) on behalf of the Company during the year. £342,631 was owed by the Company to KHL at 31 December 2023 (2022: £553,512).
£
Balance at 01 January 2023 553,512
Balance at 31 December 2023 342,631
Name of the related party: Nomura International PLC
Relationship:
UBO
Description of the Transaction: The Company settled expenditure of £768,262 related to services provided to Nomura International PLC during the year (2022: £696,415). £48,857 was owed to the Company at 31 December 2023 (2022: £334,888).
£
Balance at 01 January 2023 334,888
Balance at 31 December 2023 48,857