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REGISTERED NUMBER: 10468613 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 May 2023

for

Kinata Ltd

Kinata Ltd (Registered number: 10468613)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Kinata Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTORS: S Hudson
D E Donnelly





REGISTERED OFFICE: 66 Corby Park
North Ferriby
East Yorkshire
HU14 3AY





REGISTERED NUMBER: 10468613 (England and Wales)





ACCOUNTANTS: Try Lunn & Co
Chartered Accountants
Roland House
Princes Dock Street
HULL HU1 2LD

Kinata Ltd (Registered number: 10468613)

Balance Sheet
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,085 28,186

CURRENT ASSETS
Debtors 5 1,614 7,421
Cash at bank and in hand 154,349 143,752
155,963 151,173
CREDITORS
Amounts falling due within one year 6 40,164 53,454
NET CURRENT ASSETS 115,799 97,719
TOTAL ASSETS LESS CURRENT
LIABILITIES

134,884

125,905

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 134,784 125,805
SHAREHOLDERS' FUNDS 134,884 125,905

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 February 2024 and were signed on its behalf by:





S Hudson - Director


Kinata Ltd (Registered number: 10468613)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Kinata Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

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

Turnover
Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.

Where payments are received from customers in advance of services provided, the amounts are recorded as Deferred Income and included as part of Creditors due within one year.

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 etc - 33% on cost
Motor Vehicles - 20% on cost

Taxation
Taxation for the year 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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


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 year was 4 (2022 - 4 ) .

Kinata Ltd (Registered number: 10468613)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022
and 31 May 2023 45,205
DEPRECIATION
At 1 June 2022 17,019
Charge for year 9,101
At 31 May 2023 26,120
NET BOOK VALUE
At 31 May 2023 19,085
At 31 May 2022 28,186

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 6,000
Other debtors 1,614 1,421
1,614 7,421

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 824 1,283
Taxation and social security 14,888 11,127
Other creditors 24,452 41,044
40,164 53,454

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary Shares £1 100 100

8. RESERVES
Retained
earnings
£   

At 1 June 2022 125,805
Profit for the year 38,979
Dividends (30,000 )
At 31 May 2023 134,784

Kinata Ltd (Registered number: 10468613)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

9. RELATED PARTY DISCLOSURES

At 31 May 2023 the company owed Mr S Hudson £14,760 (2022 - £11,160).

Bliss Systems Limited is a company in which D E Donnelly is a director and shareholder.

During the period the company received services totalling £995 (2022 - £668) under normal commercial terms from Bliss Systems Limited.

10. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.