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REGISTERED NUMBER: 11019315 (England and Wales)















FINANCIAL STATEMENTS FOR THE PERIOD 1 OCTOBER 2022 TO 31 DECEMBER 2023

FOR

KUALA INVESTMENTS LIMITED

KUALA INVESTMENTS LIMITED (REGISTERED NUMBER: 11019315)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1 October 2022 to 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KUALA INVESTMENTS LIMITED

COMPANY INFORMATION
for the Period 1 October 2022 to 31 December 2023







DIRECTORS: S Coutts
Mrs M Coutts
E Coutts





SECRETARY:





REGISTERED OFFICE: 10 London Mews
London
W2 1HY





REGISTERED NUMBER: 11019315 (England and Wales)





ACCOUNTANTS: Stein Richards
Chartered Accountants
10 London Mews
Paddington
LONDON
W2 1HY

KUALA INVESTMENTS LIMITED (REGISTERED NUMBER: 11019315)

BALANCE SHEET
31 December 2023

31.12.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 38,517
Tangible assets 5 - -
- 38,517

CURRENT ASSETS
Cash at bank 32,503 -

CREDITORS
Amounts falling due within one year 6 8,440 1,532
NET CURRENT ASSETS/(LIABILITIES) 24,063 (1,532 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,063

36,985

PROVISIONS FOR LIABILITIES - 4,494
NET ASSETS 24,063 32,491

CAPITAL AND RESERVES
Called up share capital 151 151
Share premium 20,999 20,999
Retained earnings 2,913 11,341
24,063 32,491

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.

KUALA INVESTMENTS LIMITED (REGISTERED NUMBER: 11019315)

BALANCE SHEET - continued
31 December 2023


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 31 December 2024 and were signed on its behalf by:





E Coutts - Director


KUALA INVESTMENTS LIMITED (REGISTERED NUMBER: 11019315)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 1 October 2022 to 31 December 2023

1. STATUTORY INFORMATION

Kuala Investments 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 as modified by the revaluation of certain assets.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at fair value. Losses on impairment or gains on upward revaluations are recognised in the income statement in the year they arise.

Tangible fixed assets
Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended ny management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives as indicated below:

Depreciation is provided on the following basis:

Plant and machinery - 33.33% straight line

The assets' residual values, useful lives and depreciation methods are reviewed annually and adjusted accordingly if applicable.

Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial liabilities like loans from related parties.

The basic financial liabilities as listed above are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised costs using the effective interest method, less any impairment. An impairment review is undertaken annually at the balance sheet date.

Taxation
Taxation for the year comprises of current year 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.

Taxation assets and liabilities are not discounted.
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 taxation assets and liabilities are not discounted.
Deferred 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 or future periods as applicable.


KUALA INVESTMENTS LIMITED (REGISTERED NUMBER: 11019315)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 October 2022 to 31 December 2023

2. ACCOUNTING POLICIES - continued
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 period was 3 (2022 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST OR VALUATION
At 1 October 2022 38,517
Disposals (38,517 )
At 31 December 2023 -
NET BOOK VALUE
At 31 December 2023 -
At 30 September 2022 38,517

Cost or valuation at 31 December 2023 is represented by:

Other
intangible
assets
£   
Valuation in 2018 (2,025 )
Valuation in 2020 11,782
Valuation in 2020 1,481
Valuation in 2021 44,412
Valuation in 2022 (29,622 )
26,028

KUALA INVESTMENTS LIMITED (REGISTERED NUMBER: 11019315)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 October 2022 to 31 December 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022 7,817
Disposals (7,817 )
At 31 December 2023 -
DEPRECIATION
At 1 October 2022 7,817
Eliminated on disposal (7,817 )
At 31 December 2023 -
NET BOOK VALUE
At 31 December 2023 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 30.9.22
£    £   
Trade creditors - 1
Taxation and social security 6,909 -
Other creditors 1,531 1,531
8,440 1,532

7. RELATED PARTY DISCLOSURES

As at 31 December 2023 the company owed the directors £1,531 (2022: £1,531). No interest is payable on the loans which are repayable on demand.