Company Registration No. SC668786 (Scotland)
KANTHIKA LTD
Unaudited accounts
for the year ended 31 July 2024
KANTHIKA LTD
Unaudited accounts
Contents
KANTHIKA LTD
Company Information
for the year ended 31 July 2024
Director
Mr Chirayu KAEWSRI
Company Number
SC668786 (Scotland)
Registered Office
43/7 DEANHAUGH STREET
EDINBURGH
EH4 1LR
SCOTLAND
Accountants
May Collis Accountants Limited
(Association of Accounting Technicians)
Jamieson House
Balblair, Dingwall
Rosshire
IV7 8LG
KANTHIKA LTD
Accountants' report
Accountants' report to the director of KANTHIKA LTD on the preparation of the unaudited statutory accounts for the year ended 31 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
KANTHIKA LTD for the year ended
31 July 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of KANTHIKA LTD, as a body, in accordance with the terms of our engagement letter dated 13 November 2020. Our work has been undertaken solely to prepare for your approval the accounts of KANTHIKA LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than KANTHIKA LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that KANTHIKA LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of KANTHIKA LTD. You consider that KANTHIKA LTD 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 accounts of KANTHIKA LTD. 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 accounts.
May Collis Accountants Limited
(Association of Accounting Technicians)
Jamieson House
Balblair, Dingwall
Rosshire
IV7 8LG
29 April 2025
KANTHIKA LTD
Statement of financial position
as at 31 July 2024
Tangible assets
151,671
6,193
Cash at bank and in hand
310,645
488,312
Creditors: amounts falling due within one year
(228,510)
(177,172)
Net current assets
95,484
312,209
Net assets
247,155
318,402
Called up share capital
1
1
Profit and loss account
247,154
318,401
Shareholders' funds
247,155
318,402
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 29 April 2025 and were signed on its behalf by
Mr Chirayu KAEWSRI
Director
Company Registration No. SC668786
KANTHIKA LTD
Notes to the Accounts
for the year ended 31 July 2024
KANTHIKA LTD is a private company, limited by shares, registered in Scotland, registration number SC668786. The registered office is 43/7 DEANHAUGH STREET, EDINBURGH, EH4 1LR, SCOTLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Land & buildings
Useful life for 10 years -Straight-line method
Plant & machinery
Useful life for 3 years -Straight-line method
Motor vehicles
Useful life for 5 years -Straight-line method
Fixtures & fittings
Useful life for 4 years -Straight-line method
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2023
-
8,272
-
7,931
16,203
Additions
100,790
-
50,389
5,715
156,894
At 31 July 2024
100,790
8,272
50,389
13,646
173,097
At 1 August 2023
-
5,251
-
4,759
10,010
Charge for the year
840
2,681
5,133
2,762
11,416
At 31 July 2024
840
7,932
5,133
7,521
21,426
At 31 July 2024
99,950
340
45,256
6,125
151,671
At 31 July 2023
-
3,021
-
3,172
6,193
KANTHIKA LTD
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Amounts falling due after more than one year
Accrued income and prepayments
329
-
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
53,550
-
Taxes and social security
22,796
52,442
Loans from directors
16,169
15,690
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 42 (2023: 13).