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REGISTERED NUMBER: 04964035 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

KANJI CONSULTANTS LIMITED

KANJI CONSULTANTS LIMITED (REGISTERED NUMBER: 04964035)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KANJI CONSULTANTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr A S Kanji
Mr K Kanji



REGISTERED OFFICE: 1 Egerton Place
London
SW3 2EF



REGISTERED NUMBER: 04964035 (England and Wales)



ACCOUNTANTS: David Beckman & Co Ltd
62 The Street
Ashtead
Surrey
KT21 1AT



BANKERS: HSBC
Knightsbridge Premier Centre
102 Brompton Road
London
SW3 1JJ

KANJI CONSULTANTS LIMITED (REGISTERED NUMBER: 04964035)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 89,519 94,368
89,519 94,368

CURRENT ASSETS
Debtors 7 60,543 60,950
Investments 8 3,445,354 3,281,610
Cash at bank 101,205 238,790
3,607,102 3,581,350
CREDITORS
Amounts falling due within one year 9 (65,409 ) (27,054 )
NET CURRENT ASSETS 3,541,693 3,554,296
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,631,212

3,648,664

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 3,631,210 3,648,662
SHAREHOLDERS' FUNDS 3,631,212 3,648,664

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

KANJI CONSULTANTS LIMITED (REGISTERED NUMBER: 04964035)

BALANCE SHEET - continued
31 MARCH 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 November 2024 and were signed on its behalf by:





Mr A S Kanji - Director


KANJI CONSULTANTS LIMITED (REGISTERED NUMBER: 04964035)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Kanji Consultants 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 £ sterling.

2. STATEMENT OF COMPLIANCE

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. There were no material departures from the standard.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The principal accounting policies adopted in the preparation of the financial statements are set out below.

Significant judgements and estimates
The preparation of financial statements in compliance with FRS 102 requires management to exercise judgement in applying the company accounting policies and the use of certain critical accounting estimates.

The items in the financial statements where these judgement and estimates have been made include:

Judgements

- The method to arrive at the valuation of the assets held by the company.
- Art pieces held by the company are not expected to decrease in value over time.

Estimates

- The useful life of fixed assets.

Turnover
Turnover represents the net invoiced sales of services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration based on the extent to which work has been performed.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, has been amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

KANJI CONSULTANTS LIMITED (REGISTERED NUMBER: 04964035)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

3. ACCOUNTING POLICIES - continued

Tangible fixed assets
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Depreciation is calculated to write down the cost less estimated residual value of all tangible fixed assets over their expected useful life, using a straight line method.

The rates applicable are:

Plant and machinery20% on Cost
Fixtures and fittings15% on Cost
Computer equipment20% on Cost
Motor vehicles 20% Reducing Balance
Improvements to propertyno depreciation

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans from third parties.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Current asset investments
Current asset investments are held at their market value. Revaluation gains and losses are taken to the profit and loss account.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term creditors are measured at transaction price.

KANJI CONSULTANTS LIMITED (REGISTERED NUMBER: 04964035)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 338,200
AMORTISATION
At 1 April 2023
and 31 March 2024 338,200
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

6. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 141,891
Additions 3,099
At 31 March 2024 144,990
DEPRECIATION
At 1 April 2023 47,523
Charge for year 7,948
At 31 March 2024 55,471
NET BOOK VALUE
At 31 March 2024 89,519
At 31 March 2023 94,368

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 60,543 60,950

KANJI CONSULTANTS LIMITED (REGISTERED NUMBER: 04964035)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Market Value of Listed
Investments 3,445,354 3,281,610
3,445,354 3,281,610

The original cost of the investments was £3,561,004 (2023 £3,477,482)

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 4,247 4,762
Taxation and social security 57,287 18,388
Other creditors 3,875 3,904
65,409 27,054

10. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 36,280 33,000

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
Mr A S Kanji
Balance outstanding at start of year - -
Amounts advanced 9,995 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,995 -