1 June 2023 false Taxfiler 2024.6 12319251business:PrivateLimitedCompanyLtd2023-06-012024-05-31 123192512023-05-31 123192512023-06-012024-05-31 12319251business:AuditExemptWithAccountantsReport2023-06-012024-05-31 12319251business:FilletedAccounts2023-06-012024-05-31 123192512024-05-31 12319251business:Director12023-06-012024-05-31 12319251business:Director22023-06-012024-05-31 12319251business:RegisteredOffice2023-06-012024-05-31 123192512023-05-31 12319251core:WithinOneYear2024-05-31 12319251core:WithinOneYear2023-05-31 12319251core:AfterOneYear2024-05-31 12319251core:AfterOneYear2023-05-31 12319251core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 12319251core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 12319251core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 12319251core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 12319251core:PreviouslyStatedAmount2024-05-31 12319251core:PreviouslyStatedAmount2023-05-31 12319251business:SmallEntities2023-06-012024-05-31 12319251countries:EnglandWales2023-06-012024-05-31 12319251core:FurnitureFittings2023-06-012024-05-31 12319251core:LandBuildings2023-05-31 12319251core:FurnitureFittings2023-05-31 12319251core:LandBuildings2024-05-31 12319251core:FurnitureFittings2024-05-31 12319251core:LandBuildings2023-06-012024-05-31 12319251core:AfterOneYear2023-06-012024-05-31 12319251business:OrdinaryShareClass12023-06-012024-05-31 12319251business:OrdinaryShareClass12022-06-012023-05-31 123192512022-06-012023-05-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12319251 (England and Wales)
KY International Ltd Unaudited accounts for the year ended 31 May 2024
KY International Ltd Unaudited accounts Contents
Page
- 2 -
KY International Ltd Company Information for the year ended 31 May 2024
Directors
Cunkai Tang Jingyi Zhang
Company Number
12319251 (England and Wales)
Registered Office
2 Cotton Way Wallington SM6 7FA United Kingdom
Accountants
Anthony Daniel Associates Ltd 10 Julian Place London E14 3AT
- 3 -
KY International Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
118,958 
119,558 
Current assets
Cash at bank and in hand
1,923 
2,810 
Creditors: amounts falling due within one year
(47,798)
(49,882)
Net current liabilities
(45,875)
(47,072)
Total assets less current liabilities
73,083 
72,486 
Creditors: amounts falling due after more than one year
(60,400)
(60,400)
Net assets
12,683 
12,086 
Capital and reserves
Called up share capital
10,000 
10,000 
Profit and loss account
2,683 
2,086 
Shareholders' funds
12,683 
12,086 
For the year ending 31 May 2024 the company was entitled to exemption from audit 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 February 2025 and were signed on its behalf by
Jingyi Zhang Director Company Registration No. 12319251
- 4 -
KY International Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
KY International Ltd is a private company, limited by shares, registered in England and Wales, registration number 12319251. The registered office is 2 Cotton Way, Wallington, SM6 7FA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable of rent
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives
Fixtures & fittings
20% on cost
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 5 -
KY International Ltd Notes to the Accounts for the year ended 31 May 2024
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
117,508 
3,000 
120,508 
At 31 May 2024
117,508 
3,000 
120,508 
Depreciation
At 1 June 2023
- 
950 
950 
Charge for the year
- 
600 
600 
At 31 May 2024
- 
1,550 
1,550 
Net book value
At 31 May 2024
117,508 
1,450 
118,958 
At 31 May 2023
117,508 
2,050 
119,558 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
281 
8 
Loans from directors
47,063 
49,063 
Accruals
454 
811 
47,798 
49,882 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
60,400 
60,400 
The company has total secured liability to the value of £60,400 (2023: £60,400) which comprise of loan. The loan is secured by way of a first legal mortgage over the property at Flat 109, 6 Great Homer Street, Liverpool L5 3AB.
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
10,000 Ordinary shares of £1 each
10,000 
10,000 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 6 -