Kingchag UK Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 06406244

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1		2,171

			1		2,171
CURRENT ASSETS
Debtors	5	31,940		332,630
Cash at bank and in hand		887		1,455

		32,827		334,085
Creditors: Amounts Falling Due Within One Year	6	(598 )		(273,618 )

NET CURRENT ASSETS (LIABILITIES)			32,229		60,467

TOTAL ASSETS LESS CURRENT LIABILITIES			32,230		62,638

NET ASSETS			32,230		62,638

CAPITAL AND RESERVES
Called up share capital	7		5		5
Profit and Loss Account			32,225		62,633

SHAREHOLDERS' FUNDS			32,230		62,638

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Kingchag UK Limited

Balance Sheet (continued)

As At 31 December 2024

For the 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.

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Arnaud Baratin Director	Mr Thomas Croquet Director	Mr Christian Mazzalai Director
Mr Laurent Mazzalai Director	Mr Frederic Moulin Director
08/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Kingchag UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06406244 . The registered office is 1st Floor, 104 Oxford Street, London, W1D 1LP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

25% reducing balance

2.3. Financial Instruments

The company has only basic financial instruments.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method.

Basic financial liabilities

Basic financial liabilities, which include creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transactions.

2.4. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.5. Taxation

Corporation tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows:

	2024	2023
Office and administration	5	5

	5	5

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Kingchag UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 January 2024	41,392

As at 31 December 2024	41,392

Depreciation
As at 1 January 2024	39,221
Provided during the period	2,170

As at 31 December 2024	41,391

Net Book Value
As at 31 December 2024	1

As at 1 January 2024	2,171

5. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	31,925	331,806
Corporation tax recoverable assets	-	566
VAT	15	258

	31,940	332,630

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	48	1,577
Accruals	550	-
Directors' loan accounts	-	272,041

	598	273,618

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	5	5

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