KAY-LE PROPERTY INVESTMENT CO.,LIMITED

Accounts Analysis

The following analysis is opinion only and should not be interpreted as financial advice.

The analysis is based on the following accounts:

Annual Accounts dated 30 March 2022
Company Name: KAY-LE-PROPERTY INVESTMENT CO., LIMITED

Financial Year: Ended 30 March 2022

Based on the provided balance sheet and other financial information, let's analyze the accounts of KAY-LE-PROPERTY INVESTMENT CO., LIMITED:

1. Fixed Assets:
- Tangible Assets: The value of tangible assets has decreased from £943,370 in 2021 to £909,740 in 2022. This decrease is primarily due to disposals made during the year. The company has not provided any details about the specific assets being disposed of.
- Investments: The value of fixed asset investments has significantly increased from £93,848 in 2021 to £308,747 in 2022. This increase is mainly due to additions and revaluation of investments made during the year.

2. Current Assets:
- Debtors: The amount of debtors has increased from £9,023 in 2021 to £11,210 in 2022. This increase indicates that the company is owed more money from its customers or clients.
- Cash at Bank and in Hand: The company's cash balance has decreased from £230,569 in 2021 to £181,793 in 2022. This decrease may indicate that the company has utilized its cash resources for various purposes.

3. Current Liabilities:
- Creditors: The amount of creditors falling due within one year has decreased from £67,789 in 2021 to £52,139 in 2022. This decrease suggests that the company has reduced its short-term obligations to suppliers, tax authorities, and other parties.

4. Capital and Reserves:
- Called-up Share Capital: The company's share capital has remained unchanged at £4,000 in both 2021 and 2022.
- Revaluation Reserve: The revaluation reserve has decreased from a deficit of £15,807 in 2021 to a deficit of £3,595 in 2022. This decrease implies that the revaluation of certain assets has resulted in a decrease in their fair value.
- Other Reserves: The company has an unchanged balance of £27,156 in other reserves, as disclosed in the notes to the financial statements.
- Profit and Loss Reserves: The profit and loss reserves have increased from £1,193,672 in 2021 to £1,331,790 in 2022. This increase is mainly attributed to the profit generated during the year.

Overall, based on the available financial information, it can be concluded that KAY-LE-PROPERTY INVESTMENT CO., LIMITED has experienced a decrease in fixed assets and cash balance, while its investments and debtors have increased. The company's current liabilities have decreased, and there has been an increase in the profit and loss reserves. However, further analysis is required to assess the company's overall financial health and solvency.

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