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REGISTERED NUMBER: 13202745 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 MARCH 2023 TO 31 DECEMBER 2023

FOR

KEMEXON UK LIMITED

KEMEXON UK LIMITED (REGISTERED NUMBER: 13202745)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2023 TO 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KEMEXON UK LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 MARCH 2023 TO 31 DECEMBER 2023







Directors: Mr E R Grisay
Mr L A Bricout





Secretary: Accomplish Secretaries Limited





Registered office: 7th Floor 50 Broadway
London
SW1H 0DB





Registered number: 13202745 (England and Wales)






KEMEXON UK LIMITED (REGISTERED NUMBER: 13202745)

BALANCE SHEET
31 DECEMBER 2023

31/12/23 28/2/23
Notes £    £   
FIXED ASSETS
Tangible assets 4 19,027 11,943

CURRENT ASSETS
Debtors 5 38,276 46,846
Prepayments and accrued income 16,301 -
Cash at bank 75,538 14,502
130,115 61,348
CREDITORS
Amounts falling due within one year 6 (58,497 ) (53,726 )
NET CURRENT ASSETS 71,618 7,622
TOTAL ASSETS LESS CURRENT
LIABILITIES

90,645

19,565

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 90,545 19,465
SHAREHOLDERS' FUNDS 90,645 19,565

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

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

The directors acknowledge their 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.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2024 and were signed on its behalf by:





Mr L A Bricout - Director


KEMEXON UK LIMITED (REGISTERED NUMBER: 13202745)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2023 TO 31 DECEMBER 2023

1. STATUTORY INFORMATION

KEMEXON UK LIMITED 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The company's functional and presentational currency is pounds sterling (GBP) and the financial statements have been rounded to the nearest pound (£).

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Tangible fixed assets are stated at historical cost less depreciation.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer & equipment - 33.33%

Furniture & Fixtures - 25%

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

Basic financial liabilities
Basic financial liabilities, including creditors, and loans from fellow group companies are initially recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are initially recognised at transaction price.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

KEMEXON UK LIMITED (REGISTERED NUMBER: 13202745)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2023 TO 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
Cost
At 1 March 2023 5,999 10,333 16,332
Additions 9,725 3,005 12,730
At 31 December 2023 15,724 13,338 29,062
Depreciation
At 1 March 2023 2,040 2,349 4,389
Charge for period 2,368 3,278 5,646
At 31 December 2023 4,408 5,627 10,035
Net book value
At 31 December 2023 11,316 7,711 19,027
At 28 February 2023 3,959 7,984 11,943

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 28/2/23
£    £   
Trade debtors 15,710 15,709
Other debtors 14,400 14,400
Directors' loan accounts - 4,456
VAT 8,166 12,281
38,276 46,846

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 28/2/23
£    £   
Trade creditors 1,384 24,849
Tax 27,330 850
Other creditors 770 514
Shareholder loan 22,263 22,263
Accrued expenses 6,750 5,250
58,497 53,726