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REGISTERED NUMBER: 07794059 (England and Wales)















Strategic Report, Report of the Directors and

Financial Statements for the Year Ended 31 July 2024

for

KAI CAPITAL LIMITED

KAI CAPITAL LIMITED (REGISTERED NUMBER: 07794059)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Strategic Report 2

Report of the Directors 3

Report of the Independent Auditors 5

Income Statement 8

Other Comprehensive Income 9

Balance Sheet 10

Statement of Changes in Equity 11

Cash Flow Statement 12

Notes to the Cash Flow Statement 13

Notes to the Financial Statements 14


KAI CAPITAL LIMITED

Company Information
for the Year Ended 31 July 2024







DIRECTORS: C LOI
M Salzano





REGISTERED OFFICE: SPM House
Rear of No 2
Glenthorne Road, Friern Barnet
London
N11 3HT





REGISTERED NUMBER: 07794059 (England and Wales)





AUDITORS: VPC Accountants Ltd
Sanjita Bhavan
101 Brookdene Avenue
Watford
WD19 4LG

KAI CAPITAL LIMITED (REGISTERED NUMBER: 07794059)

Strategic Report
for the Year Ended 31 July 2024

The directors present their strategic report for the year ended 31 July 2024.

REVIEW OF BUSINESS
Kai Capital Limited has been registered with the Financial Conduct Authority (FCA) since 3 December 2018 and is authorised by the FCA to advise on and arrange investment business.

The company continues to look for opportunities both in the UK and overseas for expansion. Therefore the directors expect the company will grow its business both in its core market and new markets and this will lead to improvements in the company's financial results and significant growth in all the key performance indicators of client numbers, clients deposits and trade volumes.

Principal risks and uncertainties
As a service provider the directors consider that the key financial risk exposures faced by the company relate to credit risk and the need to maintain sufficient liquidity to satisfy regulated capital requirements and working capital needs. The company does not take trade positions which expose it to material price risk not does it have a material exposure to foreign exchange movements.

The company's financial risk management objectives are therefore to minimise the key financial risks through having clearly defined terms of the business with counter parties and stringent credit control over transactions with them and regular monitoring of cash flow and management accounts to ensure regulatory capital requirements are not breached and the company maintains adequate working capital. The company has robust AML and Compliance policies.

Development and performance
The company will continue to expand its activities and remains optimistic for the foreseeable future.

Key Performance Indicators
Key performance indicators are turnover £1,554,167 and a profit of £80,956. The firm's net asset value as at 31 July 2024 was £224,271

ON BEHALF OF THE BOARD:





C LOI - Director


21 November 2024

KAI CAPITAL LIMITED (REGISTERED NUMBER: 07794059)

Report of the Directors
for the Year Ended 31 July 2024

The directors present their report with the financial statements of the company for the year ended 31 July 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of arranging deals in securities and bonds, managing and advising on investment funds.

DIVIDENDS
No dividends will be distributed for the year ended 31 July 2024.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 August 2023 to the date of this report.

C LOI
M Salzano

GOING CONCERN
Due to the market conditions, in previous year, the company made a loss . However, the directors with positive attitude, they managed to turn the loss into a profit in the during year as the market conditions are improving.

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

KAI CAPITAL LIMITED (REGISTERED NUMBER: 07794059)

Report of the Directors
for the Year Ended 31 July 2024


AUDITORS
The auditors, VPC Accountants Ltd, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:





C LOI - Director


21 November 2024

Report of the Independent Auditors to the Members of
Kai Capital Limited

Opinion
We have audited the financial statements of Kai Capital Limited (the 'company') for the year ended 31 July 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the company's affairs as at 31 July 2024 and of its profit for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Report of the Independent Auditors to the Members of
Kai Capital Limited


Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.

Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page three, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Enquiry of management and those charged with governance around actual and potential litigation and claims as well as actual, suspected and alleged fraud;
Reviewing minutes of meetings of those charged with governance;
Assessing the extent of compliance with the laws and regulations considered to have a direct material effect on the financial statements or the operations of the company through enquiry and inspection;
-Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations;
Performing audit work over the risk of management bias and override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for indicators of potential bias.


Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statement or non-compliance with regulation. The risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Report of the Independent Auditors to the Members of
Kai Capital Limited


Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




V PATEL (Senior Statutory Auditor)
for and on behalf of VPC Accountants Ltd
Sanjita Bhavan
101 Brookdene Avenue
Watford
WD19 4LG

17 April 2025

KAI CAPITAL LIMITED (REGISTERED NUMBER: 07794059)

Income Statement
for the Year Ended 31 July 2024

31.7.24 31.7.23
Notes £    £   

TURNOVER 1,534,754 257,598

Cost of sales 1,260,276 103,856
GROSS PROFIT 274,478 153,742

Administrative expenses 199,029 186,857
75,449 (33,115 )

Interest receivable and similar income 134 367
PROFIT/(LOSS) BEFORE TAXATION 4 75,583 (32,748 )

Tax on profit/(loss) 5 8,211 -
PROFIT/(LOSS) FOR THE FINANCIAL
YEAR

67,372

(32,748

)

KAI CAPITAL LIMITED (REGISTERED NUMBER: 07794059)

Other Comprehensive Income
for the Year Ended 31 July 2024

31.7.24 31.7.23
Notes £    £   

PROFIT/(LOSS) FOR THE YEAR 67,372 (32,748 )


OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR

67,372

(32,748

)

KAI CAPITAL LIMITED (REGISTERED NUMBER: 07794059)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 6 1,204 -

CURRENT ASSETS
Debtors 7 124,265 67,415
Investments 8 107,093 114,488
Cash at bank 125,012 2,196
356,370 184,099
CREDITORS
Amounts falling due within one year 9 146,874 40,771
NET CURRENT ASSETS 209,496 143,328
TOTAL ASSETS LESS CURRENT
LIABILITIES

210,700

143,328

CAPITAL AND RESERVES
Called up share capital 10 75,000 75,000
Retained earnings 135,700 68,328
SHAREHOLDERS' FUNDS 210,700 143,328

The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2024 and were signed on its behalf by:




C LOI - Director



M Salzano - Director


KAI CAPITAL LIMITED (REGISTERED NUMBER: 07794059)

Statement of Changes in Equity
for the Year Ended 31 July 2024

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1 August 2022 75,000 101,076 176,076

Changes in equity
Total comprehensive income - (32,748 ) (32,748 )
Balance at 31 July 2023 75,000 68,328 143,328

Changes in equity
Total comprehensive income - 67,372 67,372
Balance at 31 July 2024 75,000 135,700 210,700

KAI CAPITAL LIMITED (REGISTERED NUMBER: 07794059)

Cash Flow Statement
for the Year Ended 31 July 2024

31.7.24 31.7.23
Notes £    £   
Cash flows from operating activities
Cash generated from operations 1 113,500 (29,956 )
Tax paid (238 ) -
Net cash from operating activities 113,262 (29,956 )

Cash flows from investing activities
Purchase of tangible fixed assets (1,417 ) -
Interest received 134 367
Net cash from investing activities (1,283 ) 367

Cash flows from financing activities
Amount introduced by directors 10,837 1,440
Net cash from financing activities 10,837 1,440

Increase/(decrease) in cash and cash equivalents 122,816 (28,149 )
Cash and cash equivalents at beginning of
year

2

2,196

30,345

Cash and cash equivalents at end of year 2 125,012 2,196

KAI CAPITAL LIMITED (REGISTERED NUMBER: 07794059)

Notes to the Cash Flow Statement
for the Year Ended 31 July 2024

1. RECONCILIATION OF PROFIT/(LOSS) BEFORE TAXATION TO CASH GENERATED FROM
OPERATIONS

31.7.24 31.7.23
£    £   
Profit/(loss) before taxation 75,583 (32,748 )
Depreciation charges 213 -
Finance income (134 ) (367 )
75,662 (33,115 )
Decrease/(increase) in stocks 7,395 (98,310 )
(Increase)/decrease in trade and other debtors (61,920 ) 94,540
Increase in trade and other creditors 92,363 6,929
Cash generated from operations 113,500 (29,956 )

2. CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 31 July 2024
31.7.24 1.8.23
£    £   
Cash and cash equivalents 125,012 2,196
Year ended 31 July 2023
31.7.23 1.8.22
£    £   
Cash and cash equivalents 2,196 30,345


3. ANALYSIS OF CHANGES IN NET FUNDS

At 1.8.23 Cash flow At 31.7.24
£    £    £   
Net cash
Cash at bank 2,196 122,816 125,012
2,196 122,816 125,012

Liquid resources
Current asset investments 114,488 (7,395 ) 107,093
114,488 (7,395 ) 107,093
Total 116,684 115,421 232,105

KAI CAPITAL LIMITED (REGISTERED NUMBER: 07794059)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Kai Capital 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.

Turnover
Turnover represents net invoiced for arranging deals in securities, bonds,managing and advising on investment funds.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

KAI CAPITAL LIMITED (REGISTERED NUMBER: 07794059)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS
31.7.24 31.7.23
£    £   
Wages and salaries 120,000 120,000
Social security costs 14,059 14,368
134,059 134,368

The average number of employees during the year was as follows:
31.7.24 31.7.23

Employees 2 2

31.7.24 31.7.23
£    £   
Directors' remuneration 120,000 120,000

4. PROFIT/(LOSS) BEFORE TAXATION

The profit (2023 - loss) is stated after charging/(crediting):

31.7.24 31.7.23
£    £   
Depreciation - owned assets 213 -
Audit fee 5,500 6,000
Foreign exchange differences (14,992 ) 499

5. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
31.7.24 31.7.23
£    £   
Current tax:
UK corporation tax 8,211 -
Tax on profit/(loss) 8,211 -

KAI CAPITAL LIMITED (REGISTERED NUMBER: 07794059)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

6. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 August 2023 - 500 500
Additions 1,417 - 1,417
At 31 July 2024 1,417 500 1,917
DEPRECIATION
At 1 August 2023 - 500 500
Charge for year 213 - 213
At 31 July 2024 213 500 713
NET BOOK VALUE
At 31 July 2024 1,204 - 1,204
At 31 July 2023 - - -

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 7,358 15,691
Other debtors 87,436 19,495
Directors' loan accounts - 5,070
Tax 27,155 27,155
VAT 2,316 4
124,265 67,415

8. CURRENT ASSET INVESTMENTS
31.7.24 31.7.23
£    £   
Short term investments 107,093 114,488

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 116,654 24,410
Tax 7,973 -
Directors' loan accounts 10,477 4,710
Accrued expenses 11,770 11,651
146,874 40,771

KAI CAPITAL LIMITED (REGISTERED NUMBER: 07794059)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
75,000 ordinary share 1 75,000 75,000

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other creditors is a balance of £349 owed to the director (2023: £5,070 owed by the director, C Loi, director of the company. A balance of £10,128 (2023: £4,710) is due to M Salzano, another director of the company.

12. ULTIMATE CONTROLLING PARTY

There are no ultimate controlling parties since the shares are held equally between the shareholders.