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REGISTERED NUMBER: 10186431 (England and Wales)















Report of the Director and

Unaudited Financial Statements for the Year Ended 31 December 2023

for

Kots Holding Ltd.

Kots Holding Ltd. (Registered number: 10186431)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Report of the Director 2

Chartered Accountants' Report 3

Income Statement 4

Other Comprehensive Income 5

Balance Sheet 6

Statement of Changes in Equity 8

Notes to the Financial Statements 9


Kots Holding Ltd.

Company Information
for the Year Ended 31 December 2023







DIRECTOR: R Stokholm





REGISTERED OFFICE: 823 Salisbury House
29 Finsbury Circus
London
EC2M 5QQ





REGISTERED NUMBER: 10186431 (England and Wales)





ACCOUNTANTS: Krogh & Partners Limited
823 Salisbury House
29 Finsbury Circus
London
EC2M 5QQ

Kots Holding Ltd. (Registered number: 10186431)

Report of the Director
for the Year Ended 31 December 2023

The director presents his report with the financial statements of the company for the year ended 31 December 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of being a holding company.

DIVIDENDS
The total distribution of dividends for the year ended 31 December 2023 will be GBP 2,000

DIRECTOR
R Stokholm held office during the whole of the period from 1 January 2023 to the date of this report.

RESULTS
The company's profit for the year amounted to GBP 62,594.

POST BALANCE SHEET EVENTS
No post balance sheet events have occurred since 31 December 2023 which requires reporting or disclosing in the accounts.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES
The director is responsible for preparing the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

ON BEHALF OF THE BOARD:





R Stokholm - Director


24 September 2024

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Kots Holding Ltd. (Registered number: 10186431)


In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kots Holding Ltd. for the year ended 31 December 2023 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Kots Holding Ltd. in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Kots Holding Ltd. and state those matters that we have agreed to state to the director of Kots Holding Ltd. in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kots Holding Ltd. and its director for our work or for this report.

It is your duty to ensure that Kots Holding Ltd. has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Kots Holding Ltd.. You consider that Kots Holding 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 financial statements of Kots Holding 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 financial statements.






Krogh & Partners Limited
823 Salisbury House
29 Finsbury Circus
London
EC2M 5QQ


24 September 2024

Kots Holding Ltd. (Registered number: 10186431)

Income Statement
for the Year Ended 31 December 2023

2023 2022
Notes £    £    £    £   

TURNOVER - -

Administrative expenses 8,984 4,594
OPERATING LOSS (8,984 ) (4,594 )

Income from shares in group undertakings 24,136 -
Income from participating interests 25,635 -
Interest receivable and similar income 23,105 150
72,876 150
63,892 (4,444 )

Interest payable and similar expenses 56 50,587
PROFIT/(LOSS) BEFORE TAXATION 63,836 (55,031 )

Tax on profit/(loss) 4 1,242 -
PROFIT/(LOSS) FOR THE FINANCIAL
YEAR

62,594

(55,031

)

Kots Holding Ltd. (Registered number: 10186431)

Other Comprehensive Income
for the Year Ended 31 December 2023

2023 2022
Notes £    £   

PROFIT/(LOSS) FOR THE YEAR 62,594 (55,031 )


OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR

62,594

(55,031

)

Kots Holding Ltd. (Registered number: 10186431)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 5 44,016 45,982

CURRENT ASSETS
Debtors 6 - 2,533
Investments 7 471,077 448,023
Cash at bank 312,910 271,406
783,987 721,962
CREDITORS
Amounts falling due within one year 8 5,402 2,360
NET CURRENT ASSETS 778,585 719,602
TOTAL ASSETS LESS CURRENT
LIABILITIES

822,601

765,584

CREDITORS
Amounts falling due after more than one
year

9

173,810

177,387
NET ASSETS 648,791 588,197

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 648,691 588,097
SHAREHOLDERS' FUNDS 648,791 588,197

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Kots Holding Ltd. (Registered number: 10186431)

Balance Sheet - continued
31 December 2023


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 24 September 2024 and were signed by:





R Stokholm - Director


Kots Holding Ltd. (Registered number: 10186431)

Statement of Changes in Equity
for the Year Ended 31 December 2023

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1 January 2022 100 652,628 652,728

Changes in equity
Dividends - (9,500 ) (9,500 )
Total comprehensive income - (55,031 ) (55,031 )
Balance at 31 December 2022 100 588,097 588,197

Changes in equity
Dividends - (2,000 ) (2,000 )
Total comprehensive income - 62,594 62,594
Balance at 31 December 2023 100 648,691 648,791

Kots Holding Ltd. (Registered number: 10186431)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Kots Holding Ltd. 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.

Investments in associates
Investments in associate undertakings are recognised at cost.

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.

Debtors
Debtors are valued individually and provisions are made according to this valuation.

Creditors
Creditors are carried at payment or settlement amounts. Where the time value of money is material, creditors are carried at amortized cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
2023 2022
£    £   
Current tax:
UK corporation tax 1,242 -
Tax on profit/(loss) 1,242 -

Kots Holding Ltd. (Registered number: 10186431)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1 January 2023 45,982
Disposals (1,966 )
At 31 December 2023 44,016
NET BOOK VALUE
At 31 December 2023 44,016
At 31 December 2022 45,982

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax - 2,533

7. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Investments 471,077 448,023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 1,242 -
Directors' current accounts 560 560
Accruals and deferred income 3,600 1,800
5,402 2,360

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 173,810 177,387

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100

Kots Holding Ltd. (Registered number: 10186431)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

11. RESERVES
Retained
earnings
£   

At 1 January 2023 588,097
Profit for the year 62,594
Dividends (2,000 )
At 31 December 2023 648,691

12. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

13. ULTIMATE CONTROLLING PARTY

The controlling party is R Stokholm.