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Logo On Report
Registered Number: 11803426
England and Wales

 

 

 

KAO LEGACY LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 March 2023

End date: 29 February 2024
Director Kofi Osei
Registered Number 11803426
Registered Office 103 Gough Road
Birmingham
B15 2JG
1
  2024   2023
    £ £   £ £
Current assets 34      1   
Creditors: amount falling due within one year (5,006)     (4,817)  
Net current assets   (4,972)     (4,816)
Total assets less current liabilities   (4,972)     (4,816)
Net assets   (4,972)     (4,816)
 

         
Capital and reserves   (4,972)     (4,816)
 
NOTES TO THE ACCOUNTS

General Information
KAO Legacy Ltd is a private company, limited by shares, registered in England and Wales, registration number 11803426, registration address 103 Gough Road, Birmingham, B15 2JG.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Current tax is recognised for the amount of income tax payable in respect of the taxable profit for the current or past reporting periods using the tax rates and laws that that have been enacted or substantively enacted by the reporting date. 
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the year was 0 (2023 : 0).


For the year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 04 October 2024 and were signed by:


--------------------------------
Kofi Osei
Director
2