7 March 2023 0 14713183 ns1:FRS102 2023-03-07 2024-03-31 14713183 ns1:FullAccounts 2023-03-07 2024-03-31 14713183 ns1:PrivateLimitedCompanyLtd 2023-03-07 2024-03-31 14713183 ns1:AuditExemptWithAccountantsReport 2023-03-07 2024-03-31 14713183 2023-03-07 2024-03-31 14713183 2024-03-31 14713183 2023-03-07 2024-03-31 14713183 ns1:Director1 2023-03-07 2024-03-31 14713183 ns1:Director2 2023-03-07 2024-03-31 14713183 ns1:Director3 2023-03-07 2024-03-31 14713183 ns1:Director4 2023-03-07 2024-03-31 14713183 ns1:Director5 2023-03-07 2024-03-31 14713183 ns1:Director6 2023-03-07 2024-03-31 14713183 ns1:Director7 2023-03-07 2024-03-31 14713183 ns1:Director8 2023-03-07 2024-03-31 14713183 ns1:Director9 2023-03-07 2024-03-31 14713183 ns1:Director10 2023-03-07 2024-03-31 14713183 ns1:Director11 2023-03-07 2024-03-31 14713183 ns1:Director12 2023-03-07 2024-03-31 14713183 ns1:Director13 2023-03-07 2024-03-31 14713183 ns1:Director14 2023-03-07 2024-03-31 14713183 ns1:Director15 2023-03-07 2024-03-31 14713183 ns1:Director16 2023-03-07 2024-03-31 14713183 ns1:Director17 2023-03-07 2024-03-31 14713183 ns1:Director18 2023-03-07 2024-03-31 14713183 ns1:Director19 2023-03-07 2024-03-31 14713183 ns1:Director20 2023-03-07 2024-03-31 14713183 ns1:RegisteredOffice 2023-03-07 2024-03-31 14713183 ns1:CompanySecretary1 2023-03-07 2024-03-31 14713183 ns3:FurnitureFittings 2024-03-31 14713183 ns3:LandBuildings ns3:OwnedOrFreeholdAssets 2024-03-31 14713183 ns3:LandBuildings ns3:OwnedOrFreeholdAssets 2023-03-07 2024-03-31 14713183 ns3:LandBuildings ns3:LongLeaseholdAssets 2024-03-31 14713183 ns3:LandBuildings ns3:LongLeaseholdAssets 2023-03-07 2024-03-31 14713183 ns3:NetGoodwill 2024-03-31 14713183 ns3:NetGoodwill 2023-03-07 2024-03-31 14713183 ns1:OrdinaryShareClass1 2024-03-31 14713183 ns1:OrdinaryShareClass2 2024-03-31 14713183 ns1:OrdinaryShareClass3 2024-03-31 14713183 ns3:IntangibleAssetsOtherThanGoodwill 2024-03-31 14713183 ns3:IntangibleAssetsOtherThanGoodwill 2023-03-07 2024-03-31 14713183 ns3:PlantMachinery 2023-03-07 2024-03-31 14713183 ns3:PlantMachinery 2024-03-31 14713183 ns1:PreferenceShareClass1 2024-03-31 14713183 ns1:PreferenceShareClass2 2024-03-31 14713183 ns3:LandBuildings ns3:ShortLeaseholdAssets 2024-03-31 14713183 ns3:LandBuildings ns3:ShortLeaseholdAssets 2023-03-07 2024-03-31 14713183 ns3:Vehicles 2024-03-31 14713183 ns3:Vehicles 2023-03-07 2024-03-31 14713183 ns3:FurnitureFittings 2023-03-07 2024-03-31 14713183 2023-03-07 14713183 2024-03-31 14713183 2024-03-31 14713183 ns3:NetGoodwill 2023-03-07 2024-03-31 14713183 ns3:NetGoodwill 2024-03-31 14713183 ns3:LeasedTangibleFixedAssets 2023-03-07 2024-03-31 14713183 ns1:HighestPaidDirector 2023-03-07 2024-03-31 14713183 ns3:Buildings 2023-03-07 2024-03-31 14713183 ns3:LeasedTangibleFixedAssets ns3:Buildings 2023-03-07 2024-03-31 14713183 ns3:OwnedOrFreeholdAssets 2023-03-07 2024-03-31 14713183 ns3:LeasedTangibleFixedAssets 2023-03-07 2024-03-31 14713183 ns1:AllOrdinaryShares 2024-03-31 14713183 ns1:AllPreferenceShares 2024-03-31 14713183 ns1:AllOrdinaryShares ns3:DividendsProposed 2023-03-07 2024-03-31 14713183 ns1:AllOrdinaryShares ns3:DividendsPaid 2023-03-07 2024-03-31 14713183 ns1:AllOrdinaryShares 2023-03-07 2024-03-31 14713183 ns1:AllPreferenceShares 2023-03-07 2024-03-31 14713183 ns3:CopyrightsPatentsTrademarksServiceOperatingRights 2023-03-07 14713183 ns3:CopyrightsPatentsTrademarksServiceOperatingRights 2023-03-07 2024-03-31 14713183 ns3:CopyrightsPatentsTrademarksServiceOperatingRights 2024-03-31 14713183 ns3:OtherResidualIntangibleAssets 2023-03-07 14713183 ns3:OtherResidualIntangibleAssets 2023-03-07 2024-03-31 14713183 ns3:OtherResidualIntangibleAssets 2024-03-31 14713183 ns1:OrdinaryShareClass1 2023-03-07 2024-03-31 14713183 ns1:OrdinaryShareClass2 2023-03-07 2024-03-31 14713183 ns1:OrdinaryShareClass3 2023-03-07 2024-03-31 14713183 ns1:OrdinaryShareClass4 2023-03-07 2024-03-31 14713183 ns1:OrdinaryShareClass5 2023-03-07 2024-03-31 14713183 ns1:PreferenceShareClass1 2023-03-07 2024-03-31 14713183 ns1:PreferenceShareClass2 2023-03-07 2024-03-31 14713183 ns1:OrdinaryShareClass3 2024-03-31 14713183 ns1:OrdinaryShareClass4 2024-03-31 14713183 ns1:OrdinaryShareClass5 2024-03-31 14713183 ns3:Acquisitions 2023-03-07 2024-03-31 14713183 ns3:DiscontinuedOperations 2023-03-07 2024-03-31 14713183 ns3:ContinuingOperationsExcludingAcquisitions 2023-03-07 2024-03-31 14713183 ns3:WithinOneYear 2023-03-07 2024-03-31 14713183 ns3:WithinOneYear 2024-03-31 14713183 ns3:AfterOneYear 2023-03-07 2024-03-31 14713183 ns3:WithinOneYear 2023-03-07 2024-03-31 14713183 ns3:AfterOneYear 2023-03-07 2024-03-31 14713183 ns3:BetweenOneTwoYears 2023-03-07 2024-03-31 14713183 ns3:BetweenTwoFiveYears 2023-03-07 2024-03-31 14713183 ns3:MoreThanFiveYears 2023-03-07 2024-03-31 14713183 ns3:BetweenOneTwoYears 2023-03-07 2024-03-31 14713183 ns3:BetweenTwoFiveYears 2023-03-07 2024-03-31 14713183 ns3:MoreThanFiveYears 2023-03-07 2024-03-31 14713183 ns3:ShareCapital 2024-03-31 14713183 ns3:RetainedEarningsAccumulatedLosses 2024-03-31 14713183 ns3:ShareCapitalOrdinaryShares 2024-03-31 14713183 ns3:ShareCapitalPreferenceShares 2024-03-31 14713183 ns3:PropertiesRevaluationReserve 2024-03-31 14713183 ns3:SharePremiumOrdinaryShares 2024-03-31 14713183 ns3:OtherMiscellaneousReserve 2024-03-31 14713183 ns3:ShareCapital 2023-03-07 2024-03-31 14713183 ns3:SharePremiumOrdinaryShares 2024-03-31 14713183 ns3:WithinOneYear 2024-03-31 14713183 ns3:AfterOneYear 2024-03-31 14713183 ns3:WithinOneYear 2024-03-31 14713183 ns3:BetweenOneTwoYears 2024-03-31 14713183 ns3:BetweenTwoFiveYears 2024-03-31 14713183 ns3:MoreThanFiveYears 2024-03-31 14713183 ns3:AfterOneYear 2023-03-07 2024-03-31 14713183 ns6:Europe 2023-03-07 2024-03-31 14713183 ns6:UnitedKingdom 2023-03-07 2024-03-31 14713183 ns6:Americas 2023-03-07 2024-03-31 14713183 ns6:MiddleEast 2023-03-07 2024-03-31 14713183 ns6:Africa 2023-03-07 2024-03-31 14713183 ns6:Asia 2023-03-07 2024-03-31 14713183 ns6:Australasia 2023-03-07 2024-03-31 14713183 ns3:ReportableOperatingSegment1 2023-03-07 2024-03-31 14713183 ns3:ReportableOperatingSegment2 2023-03-07 2024-03-31 14713183 ns3:ReportableOperatingSegment3 2023-03-07 2024-03-31 14713183 ns5:AdministrativeExpenses 2023-03-07 2024-03-31 14713183 ns5:DistributionCosts 2023-03-07 2024-03-31 14713183 ns5:Exceptional 2023-03-07 2024-03-31 14713183 2023-03-07 2024-03-31 xbrli:pure xbrli:shares iso4217:GBP iso4217:USD
Company registration number:14713183
KANG KAI LTD TRADING AS LOON FUNG
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2024

KANG KAI LTD TRADING AS LOON FUNG
BALANCE SHEET
AS AT 31 March 2024
2024
Notes £ £
FIXED ASSETS
Tangible assets32,586
2,586
CURRENT ASSETS
Stocks1,500
Debtors44,057
Cash at bank and in hand36,222
41,779
CREDITORS
Amounts falling due within one year 5 (29,255)
NET CURRENT ASSETS 12,524
TOTAL ASSETS LESS
CURRENT LIABILITIES 15,110
PROVISIONS FOR LIABILITIES(491)
NET ASSETS 14,619
CAPITAL AND RESERVES
Called-up equity share capital 6 100
Profit and loss account 14,519
SHAREHOLDERS FUNDS 14,619
For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of the accounts.
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. Approved by the board of directors on 4 November 2024 and signed on its behalf.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small companies' regime.
..........................................................................
Mr Xiujian Liu
4 November 2024
The annexed notes form part of these financial statements.
KANG KAI LTD TRADING AS LOON FUNG
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2024
Share Share P and L Revaluation Other Total
Capital Premium Account reserve reserves equity
£ £ £ £ £ £
Changes in equity
Share issue1000000100
Dividend00(8,000)00(8,000)
Total comprehensive income0022,5190022,519
Balance at 31 March 2024100014,5190014,619

KANG KAI LTD TRADING AS LOON FUNG
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
1. Accounting policies
Statutory information
The company is registered in England and its registered number is 14713183. The company is a private company limited by shares. Its registered office is 33 Green Street, Stourbridge, United Kingdom, DY8
Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention in accordance with the accounting policies set out below. These financial statements have been prepared in accordance with FRS102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Turnover
Turnover represents sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are physically delivered to the customer.
Fixed Assets
Tangible fixed assets are stated at cost less depreciation Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures and Fittings 15 % reducing balance basi
Stocks and Work In Progress
Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.
Deferred Taxation
Deferred tax is provided on the liability method take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.
Pension Scheme
The company operates a defined contribution pension scheme, NEST pension scheme, and the pension charge represents the amounts payable by the company to the fund in respect of the year.
2.Employees
The average number of persons employed by the company (including directors) during the year was 6.
3.Tangible fixed assets
F and F Total
Cost
Additions 3,042 3,042
At end of period 3,042 3,042
Depreciation
Provided during the period 456 456
At end of period 456 456
Net Book Value
At end of period 2,586 2,586
4.Debtors
2024
£
Due within one year
Prepayments and accrued income4,057
4,057
5.Creditors due within one year
2024
£
Corporation Tax4,833
Other taxes and social security costs8,288
Accruals and deferred income2,067
Loan from directors14,067
29,255
6. Share capital Alloted, Issued and fully paid
2024
£
Ordinary shares of £1 each100
Total issued share capital100
7.Related Party Transactions
During the year, the company paid dividend total of £8000 to the director.