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REGISTERED NUMBER: 14674142 (England and Wales)











Unaudited Financial Statements

for the Period 18 February 2023 to 28 February 2024

for

Kinoya Ltd

Kinoya Ltd (Registered number: 14674142)

Contents of the Financial Statements
for the Period 18 February 2023 to 28 February 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Kinoya Ltd

Company Information
for the Period 18 February 2023 to 28 February 2024







DIRECTORS: B Ng Jing De
P E Warden





REGISTERED OFFICE: 14 Ballast Quay Ballast Quay
London
SE10 9PD





REGISTERED NUMBER: 14674142 (England and Wales)





ACCOUNTANTS: Solutions 4 Caterers Ltd
Westmead House
Westmead
Farnborough
Hampshire
GU14 7LP

Kinoya Ltd (Registered number: 14674142)

Statement of Financial Position
28 February 2024

Notes £   
FIXED ASSETS
Tangible assets 4 334,474

CURRENT ASSETS
Stocks 5 12,096
Debtors 6 201,386
Cash at bank 46,676
260,158
CREDITORS
Amounts falling due within one year 7 (862,778 )
NET CURRENT LIABILITIES (602,620 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(268,146

)

CAPITAL AND RESERVES
Called up share capital 8 1
Retained earnings (268,147 )
SHAREHOLDERS' FUNDS (268,146 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 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.

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 November 2024 and were signed on its behalf by:





P E Warden - Director


Kinoya Ltd (Registered number: 14674142)

Notes to the Financial Statements
for the Period 18 February 2023 to 28 February 2024


1. STATUTORY INFORMATION

Kinoya 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Due to this being the first year of trading, the accounting period is slightly longer than one year.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 20% on cost
Leasehold improvements - 20% on cost
Plant and machinery - 20% 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.

Taxation
Taxation for the period 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

Operating leases
Rentals paid under operating leases are charged to the Income Statement on a straight line basis over the period of the lease.

Pension costs
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the Income Statement in the period to which they relate.

Kinoya Ltd (Registered number: 14674142)

Notes to the Financial Statements - continued
for the Period 18 February 2023 to 28 February 2024


2. ACCOUNTING POLICIES - continued

Going concern
After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 7 .

4. TANGIBLE FIXED ASSETS
Short Leasehold Plant and
leasehold improvements machinery Totals
£    £    £    £   
COST
Additions 275,000 45,467 36,238 356,705
At 28 February 2024 275,000 45,467 36,238 356,705
DEPRECIATION
Charge for period 18,158 3,482 591 22,231
At 28 February 2024 18,158 3,482 591 22,231
NET BOOK VALUE
At 28 February 2024 256,842 41,985 35,647 334,474

5. STOCKS
£   
Stocks 12,096

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 6,477
Other debtors 130,205
Deferred tax asset 58,418
Prepayments 6,286
201,386

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 93,852
Social security and other taxes 9,693
VAT 31,433
Other creditors 202,172
Directors' current accounts 482,315
Accruals and deferred income 43,313
862,778

Kinoya Ltd (Registered number: 14674142)

Notes to the Financial Statements - continued
for the Period 18 February 2023 to 28 February 2024


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1 Ordinary £1 1

1 Ordinary share of £1 was allotted and fully paid for cash at par during the period.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 28 February 2024:

£   
B Ng Jing De
Balance outstanding at start of period -
Amounts repaid (482,315 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period (482,315 )

The above loan is unsecured and repayable on demand. Interest has been charged at varying rates during the period and is included in the balance above.