Registered number
07080490
Kika Limited
Filleted Accounts for the year ended
31 August 2023
Kika Limited
Registered number: 07080490
Balance Sheet
as at 31 August 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 1,273 2,080
Current assets
Debtors 4 - 2,400
Cash at bank and in hand 276,094 194,840
276,094 197,240
Creditors: amounts falling due within one year 5 (119,971) (81,762)
Net current assets 156,123 115,478
Net assets 157,396 117,558
Capital and reserves
Called up share capital 10 10
Profit and loss account 157,386 117,548
Shareholder's funds 157,396 117,558
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
F F Kika
Director
Approved by the board on 13 March 2024
Kika Limited
Notes to the Accounts
for the year ended 31 August 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services which is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% Straight line
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 September 2022 4,762
At 31 August 2023 4,762
Depreciation
At 1 September 2022 2,682
Charge for the year 807
At 31 August 2023 3,489
Net book value
At 31 August 2023 1,273
At 31 August 2022 2,080
4 Debtors 2023 2022
£ £
Trade debtors - 2,400
5 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 22,243 23,523
Director's loan 96,764 57,275
Other creditors 964 964
119,971 81,762
6 Transactions with the director
As at 31 August 2023 the director, F F Kika, had loaned the company £96,764 (2022 - £57,275) on an interest free basis with no set repayment date. This is included in creditors.

During the year the director F F Kika received £40,900 (2022: £41,155) in dividends.
7 Controlling party
The ultimate controlling party is the director F F Kika who holds 100% of the issued share capital.
8 Other information
Kika Limited is a private company limited by shares and incorporated in England. Its registered office is:
13 Morton Crescent
London
N14 7AH
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