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REGISTERED NUMBER: 00546193 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

KALMAX LIMITED

KALMAX LIMITED (REGISTERED NUMBER: 00546193)

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

Chartered Accountants' Report 7

KALMAX LIMITED

Company Information
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mrs A Richard
K J Richard
A Rutherford





REGISTERED OFFICE: Unit B2, Birdineye Farm
Birdineye Hill
Uckfield
East Sussex
TN22 5HA





REGISTERED NUMBER: 00546193 (England and Wales)





ACCOUNTANTS: Perspective Accounting Limited
Unit B2, Birdineye Farm
Birdineye Hill
Uckfield
East Sussex
TN22 5HA

KALMAX LIMITED (REGISTERED NUMBER: 00546193)

Balance Sheet
31 MARCH 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 300 300

CURRENT ASSETS
Cash at bank 141 2,779

CREDITORS
Amounts falling due within one year 5 24 930
NET CURRENT ASSETS 117 1,849
TOTAL ASSETS LESS CURRENT
LIABILITIES

417

2,149

CAPITAL AND RESERVES
Called up share capital 750 750
Capital redemption reserve 252 252
Retained earnings (585 ) 1,147
SHAREHOLDERS' FUNDS 417 2,149

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.

KALMAX LIMITED (REGISTERED NUMBER: 00546193)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 December 2024 and were signed on its behalf by:




Mrs A Richard - Director



A Rutherford - Director


KALMAX LIMITED (REGISTERED NUMBER: 00546193)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Kalmax 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.

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.

Preparation of consolidated financial statements
The financial statements contain information about Kalmax Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

3. EMPLOYEES AND DIRECTORS

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

KALMAX LIMITED (REGISTERED NUMBER: 00546193)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 300
NET BOOK VALUE
At 31 March 2024 300
At 31 March 2023 300

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Kalmax Properties Limited
Registered office: Unit B2, Birdineye Farm, Birdineye Hill, Uckfield, East Sussex, UK, TN22 5HA
Nature of business: Property investment management
%
Class of shares: holding
Ordinary 100.00
31/3/24 31/3/23
£    £   
Aggregate capital and reserves 15,269,675 13,912,795
Profit for the year 1,356,880 800,889

Kalmax International Limited
Registered office: 5 Richmond Place, Tunbridge Wells, Kent, TN2 5JZ
Nature of business: Property investment management
%
Class of shares: holding
Ordinary 100.00
31/3/24 31/3/23
£    £   
Aggregate capital and reserves 9,209,603 8,867,199
Profit for the year 342,404 171,826

Richard & Associates Limited
Registered office: Unit B2, Birdineye Farm, Birdineye Hill, Uckfield, East Sussex, UK, TN22 5HA
Nature of business: Property investment management
%
Class of shares: holding
Ordinary 100.00
31/3/24 31/3/23
£    £   
Aggregate capital and reserves 4,293,011 4,120,091
Profit for the year 322,920 252,427

KALMAX LIMITED (REGISTERED NUMBER: 00546193)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Taxation and social security 24 -
Other creditors - 930
24 930

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Kalmax Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kalmax Limited for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Kalmax Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Kalmax Limited and state those matters that we have agreed to state to the Board of Directors of Kalmax Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kalmax Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Kalmax Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Kalmax Limited. You consider that Kalmax Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Kalmax Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Perspective Accounting Limited
Unit B2, Birdineye Farm
Birdineye Hill
Uckfield
East Sussex
TN22 5HA


4 December 2024