| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD 11TH OCTOBER 2023 TO 31ST OCTOBER 2024 |
| FOR |
| CARESSA KAHN MANUFACTURING COMPANY |
| LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD 11TH OCTOBER 2023 TO 31ST OCTOBER 2024 |
| FOR |
| CARESSA KAHN MANUFACTURING COMPANY |
| LIMITED |
| CARESSA KAHN MANUFACTURING COMPANY |
| LIMITED (REGISTERED NUMBER: 15202862) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 11TH OCTOBER 2023 TO 31ST OCTOBER 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| CARESSA KAHN MANUFACTURING COMPANY |
| LIMITED |
| COMPANY INFORMATION |
| FOR THE PERIOD 11TH OCTOBER 2023 TO 31ST OCTOBER 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| CARESSA KAHN MANUFACTURING COMPANY |
| LIMITED (REGISTERED NUMBER: 15202862) |
| BALANCE SHEET |
| 31ST OCTOBER 2024 |
| Notes | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| Investments | 6 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 7 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Retained earnings | ( |
) |
| SHAREHOLDERS' FUNDS |
| 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. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| CARESSA KAHN MANUFACTURING COMPANY |
| LIMITED (REGISTERED NUMBER: 15202862) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 11TH OCTOBER 2023 TO 31ST OCTOBER 2024 |
| 1. | STATUTORY INFORMATION |
| Caressa Kahn Manufacturing Company Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| At the period end the company had net liabilities. These financial statements have been prepared on the going concern basis as the director and shareholders have provided assurances of financial support to the company to enable it to meets it liabilities as and when they fall due in the next 12 months. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Revenue from the sales of goods is recognised when the significant risks and rewards of the ownership of goods have passed to the buyer, the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably. |
| Goodwill |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| 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 | 33% straight line or 25% reducing balance |
| Fixtures and fittings | 20% straight line |
| Motor vehicles | 25% straight line |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Taxation |
| Taxation for the period 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. |
| CARESSA KAHN MANUFACTURING COMPANY |
| LIMITED (REGISTERED NUMBER: 15202862) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 11TH OCTOBER 2023 TO 31ST OCTOBER 2024 |
| 2. | ACCOUNTING POLICIES - continued |
| 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 period 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. |
| 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. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| 4. | INTANGIBLE FIXED ASSETS |
| Other |
| intangible |
| Goodwill | assets | Totals |
| £ | £ | £ |
| COST |
| Additions |
| At 31st October 2024 |
| AMORTISATION |
| Charge for period |
| At 31st October 2024 |
| NET BOOK VALUE |
| At 31st October 2024 |
| CARESSA KAHN MANUFACTURING COMPANY |
| LIMITED (REGISTERED NUMBER: 15202862) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 11TH OCTOBER 2023 TO 31ST OCTOBER 2024 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| Additions |
| At 31st October 2024 |
| DEPRECIATION |
| Charge for period |
| At 31st October 2024 |
| NET BOOK VALUE |
| At 31st October 2024 |
| 6. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| Additions |
| At 31st October 2024 |
| NET BOOK VALUE |
| At 31st October 2024 |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| CARESSA KAHN MANUFACTURING COMPANY |
| LIMITED (REGISTERED NUMBER: 15202862) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 11TH OCTOBER 2023 TO 31ST OCTOBER 2024 |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal |
| value: | £ |
| Ordinary | £1 | 1,000 |
| Preference Shares | £1 | 1,000,000 |
| 1,001,000 |
| The following shares were allotted and fully paid for cash at par during the period: |
| 1,000 Ordinary shares of £1 each |
| 1,000,000 Preference Shares shares of £1 each |
| 10. | RELATED PARTY DISCLOSURES |
| The Company undertook the following transactions with its related parties: |
| 2024 |
| £ |
| Expenses paid on behalf of a related party | 210,796 |
| Amounts owed by group undertakings as at the year end | 210,796 |
| Net loans received during the year from related parties | 129,689 |
| Amounts owed to group undertakings as at the year end | 129,689 |
| 11. | POST BALANCE SHEET EVENTS |
| On 07 April 2025, the Company issued 3,000 new shares to Mahasakthi Cosmetic Packaging Company Limited, a company registered in England & Wales, making it the Relevant Legal Entity (RLE) with significant control. |
| 12. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |
| The Company's immediate and ultimate parent undertaking during the year and until 07 April 2024 was Dempsey Hill Alliance Limited, registered in England & Wales. Its registered office address is 71-75 Shelton Street, Covent Garden, London WC2H 9JQ. The ultimate controlling party was Mr M A Shuman. |
| As mentioned in note 11, on 07 April 2025 the Company issued 3,000 new shares to Mahasakthi Cosmetic Packaging Company Limited as a result of which there is no ultimate controlling party after the year-end. |