Company Registration No. 09888066 (England and Wales)
Kachin Investment Group Limited
Unaudited accounts
for the year ended 30 November 2024
Kachin Investment Group Limited
Unaudited accounts
Contents
Kachin Investment Group Limited
Company Information
for the year ended 30 November 2024
Directors
Maureen Ja Bu Lagra
Goontawng Lashi
Hkun Htoi Layang
Mung Shawng Mahkaw
Company Number
09888066 (England and Wales)
Registered Office
25 Melford Grove
Liverpool
L6 4DN
UK
Kachin Investment Group Limited
Statement of financial position
as at 30 November 2024
Cash at bank and in hand
-
7,212
Creditors: amounts falling due within one year
(3,525)
(520)
Net current (liabilities)/assets
(655)
16,204
Total assets less current liabilities
(655)
43,242
Creditors: amounts falling due after more than one year
(79,032)
(75,451)
Net liabilities
(79,687)
(32,209)
Called up share capital
16,500
16,500
Profit and loss account
(96,187)
(48,709)
Shareholders' funds
(79,687)
(32,209)
For the year ending 30 November 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 29 August 2025 and were signed on its behalf by
Goontawng Lashi
Director
Company Registration No. 09888066
Kachin Investment Group Limited
Notes to the Accounts
for the year ended 30 November 2024
Kachin Investment Group Limited is a private company, limited by shares, registered in England and Wales, registration number 09888066. The registered office is 25 Melford Grove, Liverpool, L6 4DN, UK.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investments
Other investments
Valuation at 1 December 2023
27,038
Fair value adjustments
(27,038)
Valuation at 30 November 2024
-
The company owns a 40% holding in Sayurit Sushi Ltd, a restaurant and take away business in London. The investment has been written down to Nil after the company went into administration after the year end.
During the year, provided for in the previous year, the directors considered the value of the 32.5% holding in Sayurit Sushi (South Ealing) Ltd, a restaurant and take away business in London, to be Nil as the company ceased trading during the year.
Amounts falling due within one year
Amounts due from group undertakings etc.
-
6,642
Kachin Investment Group Limited
Notes to the Accounts
for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,285
-
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
79,032
75,451
The loan (£90,000) represents an interest only mortgage secured on the investment property at 6 Dentdale Drive, Liverpool, L5 3ST.
The other creditors are funds lent to the company by the shareholders in proportion to their share capital holdings. The current balance owed by the company is £65,847. In 2020 the shareholders agreed to move other reserves of £31,763 from capital to long term creditors and an additional £39,568 was lent to the business this year as funding loans.
Allotted, called up and fully paid:
16,500 Ordinary shares of £1 each
16,500
16,500
9
Transactions with related parties
During the year the company provided various banking services for it's investment business, Sayurit Sushi Ltd and Sayurit Sushi (South Ealing) Ltd and guaranteed the rent for the property that the businesses operate out of.
Both businesses closed during the year and as such the loans owed to the company have been written off.
The company is owed £nil by Sayurit Sushi Ltd (2023 £6,642) at the year end and is owed £nil by Sayurit Sushi (South Ealing) Ltd (2023 £nil), as the directors decided to provide against the amount owed of £29,050 at the previous year end.
10
Average number of employees
During the year the average number of employees was 4 (2023: 4).