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REGISTERED NUMBER: 11556923 (England and Wales)















Unaudited Financial Statements

for the Year Ended

30 September 2024

for

Kemjan Limited

Kemjan Limited (Registered number: 11556923)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Kemjan Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: K Tarsuslugil
Mrs J L Tarsuslugil





REGISTERED OFFICE: Lodge Enginnering Buildings
Queens Court
Rowan Garth
Doncaster
South Yorkshire
DN5 9QH





REGISTERED NUMBER: 11556923 (England and Wales)





ACCOUNTANTS: Equate Limited
Chartered Certified Accountants
The Hive
142 Thornes Lane
Wakefield
West Yorkshire
WF2 7RE

Kemjan Limited (Registered number: 11556923)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,265 25,686
Investment property 5 750,000 750,000
769,265 775,686

CURRENT ASSETS
Debtors 6 2,342 16,751
Cash at bank 328 100
2,670 16,851
CREDITORS
Amounts falling due within one year 7 43,574 43,805
NET CURRENT LIABILITIES (40,904 ) (26,954 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

728,361

748,732

CREDITORS
Amounts falling due after more than one year 8 (175,494 ) (191,828 )

PROVISIONS FOR LIABILITIES (86,356 ) (87,576 )
NET ASSETS 466,511 469,328

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 466,509 469,326
466,511 469,328

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Kemjan Limited (Registered number: 11556923)

Balance Sheet - continued
30 September 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 7 February 2025 and were signed on its behalf by:





K Tarsuslugil - Director


Kemjan Limited (Registered number: 11556923)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Kemjan 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.

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.
Plant and machinery - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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, loans from banks and other third parties, loans to related parties.

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).

Kemjan Limited (Registered number: 11556923)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 October 2023
and 30 September 2024 42,498
DEPRECIATION
At 1 October 2023 16,812
Charge for year 6,421
At 30 September 2024 23,233
NET BOOK VALUE
At 30 September 2024 19,265
At 30 September 2023 25,686

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 750,000
NET BOOK VALUE
At 30 September 2024 750,000
At 30 September 2023 750,000

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2021 314,759
Valuation in 2022 435,241
750,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other debtors 2,342 16,751

Kemjan Limited (Registered number: 11556923)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 16,632 17,076
Trade creditors 260 259
Tax 14,029 12,997
Directors' current accounts 11,933 12,753
Accruals and deferred income 720 720
43,574 43,805

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans - 1-2 years 9,942 17,673
Bank loans - 2-5 years 23,310 26,717
Bank loans more 5 yr by instal 142,242 147,438
175,494 191,828

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 142,242 147,438

9. RELATED PARTY DISCLOSURES

The company charged rent of £24,000 to Wet Nose Limited, a company under the common control of the directors.The balance owing from Wet Nose Limited at 30 September 2024 was £2,342.

10. ULTIMATE CONTROLLING PARTY

The company is under the joint control of it's directors.