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REGISTERED NUMBER: 11486344 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Kj&G Sushi Ltd

Kj&G Sushi Ltd (Registered number: 11486344)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Kj&G Sushi Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTORS: K Matsumoto
K S Eum





REGISTERED OFFICE: 58 Windsor Road
London
E7 0QY





REGISTERED NUMBER: 11486344 (England and Wales)





ACCOUNTANTS: L&W Chartered Certified Accountants
30 Charing Cross Road
London
London
WC2H 0DE

Kj&G Sushi Ltd (Registered number: 11486344)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,500 1,875

CURRENT ASSETS
Stocks 5 4,539 2,155
Debtors 6 57,706 24,493
Cash at bank and in hand 5,380 5,072
67,625 31,720
CREDITORS
Amounts falling due within one year 7 44,019 14,747
NET CURRENT ASSETS 23,606 16,973
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,106

18,848

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 25,006 18,748
SHAREHOLDERS' FUNDS 25,106 18,848

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

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

Kj&G Sushi Ltd (Registered number: 11486344)

Balance Sheet - continued
31 July 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 Income Statement has not been delivered.

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




K S Eum - Director



K Matsumoto - Director


Kj&G Sushi Ltd (Registered number: 11486344)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Kj&G Sushi 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.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 year was 5 (2023 - 5 ) .

Kj&G Sushi Ltd (Registered number: 11486344)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 August 2023
and 31 July 2024 5,606 441 6,047
DEPRECIATION
At 1 August 2023 3,731 441 4,172
Charge for year 375 - 375
At 31 July 2024 4,106 441 4,547
NET BOOK VALUE
At 31 July 2024 1,500 - 1,500
At 31 July 2023 1,875 - 1,875

5. STOCKS
31.7.24 31.7.23
£    £   
Stocks 4,539 2,155

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 10,629 17,529
Other debtors 11,967 6,203
VAT 2,073 236
Prepayments and accrued income 33,037 525
57,706 24,493

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 1,888 7,290
Tax 6,837 7,443
Other creditors 35,000 -
Accrued expenses 294 14
44,019 14,747

Kj&G Sushi Ltd (Registered number: 11486344)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
100 Ordinary 100 100 100

9. RESERVES
Retained
earnings
£   

At 1 August 2023 18,748
Profit for the year 28,017
Dividends (21,759 )
At 31 July 2024 25,006