Company No: 13435678 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	G Ramkumar
	M V Saravana-Kumar

REGISTERED OFFICE	Unit 2 White Oak Square
	London Road
	Swanley
	Kent
	BR8 7AG
	United Kingdom

COMPANY NUMBER

13435678 (England and Wales)

ACCOUNTANT	S&W Partners (South East) Limited
	Brockbourne House
	77 Mount Ephraim
	Royal Tunbridge Wells
	TN4 8BS

	Note	2024		2023
		£		£
Fixed assets
Investments	3	200		200
		200		200
Current assets
Debtors	4	35,585		385,453
Cash at bank and in hand	5	63,822		164,707
		99,407		550,160
Creditors: amounts falling due within one year	6	( 47,144)		( 581,778)
Net current assets/(liabilities)		52,263		(31,618)
Total assets less current liabilities		52,463		(31,418)
Net assets/(liabilities)		52,463		( 31,418)
Capital and reserves
Called-up share capital		100		100
Profit and loss account		52,363		( 31,518 )
Total shareholder's funds/(deficit)		52,463		( 31,418)

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Kovai Limited (registered number: 13435678) were approved and authorised for issue by the Board of Directors on 01 September 2025. They were signed on its behalf by:

M V Saravana-Kumar Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Kovai Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 2 White Oak Square, London Road, Swanley, Kent, BR8 7AG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of Kovai Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Going concern

The financial statements have been prepared on a going concern basis.

The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise on monetary items.

Investment income

Investment income represents dividends receivable from investments held in subsidiaries.

Trade and other debtors

Short-term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Trade and other creditors

Short-term creditors are measured at the transaction price.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans to related parties and investments in ordinary shares.

Investments
Investments in subsidiaries are measured at cost less accumulated impairment.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Fixed asset investments

Investments in subsidiaries

	2024
	£
Cost
At 01 January 2024	200
At 31 December 2024	200
Carrying value at 31 December 2024	200
Carrying value at 31 December 2023	200

4. Debtors

	2024		2023
	£		£
Amounts owed by Group undertakings	24,053		385,453
Prepayments	11,517		0
VAT recoverable	15		0
	35,585		385,453

5. Cash and cash equivalents

	2024		2023
	£		£
Cash at bank and in hand	63,822		164,707

6. Creditors: amounts falling due within one year

	2024		2023
	£		£
Amounts owed to Group undertakings	43,492		579,378
Accruals	2,873		2,400
Other creditors	779		0
	47,144		581,778

7. Ultimate controlling party

The ultimate parent company is Kovai Holdings Limited, which is a private company, limited by shares, and is registered in England and Wales. The address of its registered office is Unit 2 White Oak Square, London Road, Swanley, BR8 7AG.

The ultimate controlling party is M. V. Saravana-Kumar by virtue of their shareholding in Kovai Holdings Limited.