IRIS Accounts Production v24.3.0.553 08490805 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh084908052023-04-30084908052024-04-30084908052023-05-012024-04-30084908052022-04-30084908052022-05-012023-04-30084908052023-04-3008490805ns15:EnglandWales2023-05-012024-04-3008490805ns14:PoundSterling2023-05-012024-04-3008490805ns10:Director12023-05-012024-04-3008490805ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3008490805ns10:SmallEntities2023-05-012024-04-3008490805ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3008490805ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3008490805ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3008490805ns10:FullAccounts2023-05-012024-04-300849080512023-05-012024-04-3008490805ns10:Director22023-05-012024-04-3008490805ns10:Director32023-05-012024-04-3008490805ns10:CompanySecretary12023-05-012024-04-3008490805ns10:RegisteredOffice2023-05-012024-04-3008490805ns5:CurrentFinancialInstruments2024-04-3008490805ns5:CurrentFinancialInstruments2023-04-3008490805ns5:Non-currentFinancialInstruments2024-04-3008490805ns5:Non-currentFinancialInstruments2023-04-3008490805ns5:ShareCapital2024-04-3008490805ns5:ShareCapital2023-04-3008490805ns5:SharePremium2024-04-3008490805ns5:SharePremium2023-04-3008490805ns5:RetainedEarningsAccumulatedLosses2024-04-3008490805ns5:RetainedEarningsAccumulatedLosses2023-04-3008490805ns5:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3008490805ns5:PatentsTrademarksLicencesConcessionsSimilar2023-05-012024-04-3008490805ns5:PlantMachinery2023-05-012024-04-3008490805ns5:IntangibleAssetsOtherThanGoodwill2023-04-3008490805ns5:IntangibleAssetsOtherThanGoodwill2024-04-3008490805ns5:IntangibleAssetsOtherThanGoodwill2023-04-3008490805ns5:PlantMachinery2023-04-3008490805ns5:PlantMachinery2024-04-3008490805ns5:PlantMachinery2023-04-3008490805ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3008490805ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-30
REGISTERED NUMBER: 08490805 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

KYMIRA LTD.

KYMIRA LTD. (REGISTERED NUMBER: 08490805)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


KYMIRA LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: T Brownstone
P Kunovski
B D Slay





SECRETARY: CV Brownstone





REGISTERED OFFICE: Unit 59-61 Milford Road Trading Estate
Milford Road
Reading
Berkshire
RG1 8LG





REGISTERED NUMBER: 08490805 (England and Wales)





ACCOUNTANTS: Vernon Gosling Friday Limited
10 Beech Court
Wokingham Road
Hurst
Reading
Berkshire
RG10 0RQ

KYMIRA LTD. (REGISTERED NUMBER: 08490805)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 10,506 12,008
Tangible assets 5 15,901 39,391
26,407 51,399

CURRENT ASSETS
Stocks 556,124 633,311
Debtors 6 712,873 676,339
Cash at bank and in hand 9,606 103,201
1,278,603 1,412,851
CREDITORS
Amounts falling due within one year 7 1,445,783 845,030
NET CURRENT (LIABILITIES)/ASSETS (167,180 ) 567,821
TOTAL ASSETS LESS CURRENT
LIABILITIES

(140,773

)

619,220

CREDITORS
Amounts falling due after more than one year 8 134,580 35,853
NET (LIABILITIES)/ASSETS (275,353 ) 583,367

CAPITAL AND RESERVES
Called up share capital 181 170
Share premium 6,121,758 5,580,710
Retained earnings (6,397,292 ) (4,997,513 )
SHAREHOLDERS' FUNDS (275,353 ) 583,367

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

KYMIRA LTD. (REGISTERED NUMBER: 08490805)

STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 November 2024 and were signed on its behalf by:





T Brownstone - Director


KYMIRA LTD. (REGISTERED NUMBER: 08490805)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Kymira 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 33 (2023 - 42 ) .

KYMIRA LTD. (REGISTERED NUMBER: 08490805)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 May 2023
and 30 April 2024 15,010
AMORTISATION
At 1 May 2023 3,002
Charge for year 1,502
At 30 April 2024 4,504
NET BOOK VALUE
At 30 April 2024 10,506
At 30 April 2023 12,008

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 101,081
Additions 10,139
Disposals (1,916 )
At 30 April 2024 109,304
DEPRECIATION
At 1 May 2023 61,690
Charge for year 33,629
Eliminated on disposal (1,916 )
At 30 April 2024 93,403
NET BOOK VALUE
At 30 April 2024 15,901
At 30 April 2023 39,391

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 470,669 281,431
Other debtors 242,204 394,908
712,873 676,339

KYMIRA LTD. (REGISTERED NUMBER: 08490805)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 340,834 198,116
Trade creditors 653,113 343,707
Taxation and social security 264,932 133,561
Other creditors 186,904 169,646
1,445,783 845,030

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 134,580 35,853