Company Registration No. 11929279 (England and Wales)
Kanita Bakery Limited
Unaudited accounts
for the year ended 30 April 2024
Kanita Bakery Limited
Unaudited accounts
Contents
Kanita Bakery Limited
Company Information
for the year ended 30 April 2024
Directors
Xhenis Ramaxhiku
Kanita Ramaxhiku
Iliriane Ramaxhiku
Irfan Ramaxhiku
Company Number
11929279 (England and Wales)
Registered Office
Unit 5a
2a Belsham Street
London
E9 6NG
Accountants
Solid Ltd
Eagle House
163 City Road
London
EC1V 1NR
Kanita Bakery Limited
Statement of financial position
as at 30 April 2024
Tangible assets
143,470
121,595
Cash at bank and in hand
146,811
86,409
Creditors: amounts falling due within one year
(118,514)
(85,756)
Net current assets
115,638
50,444
Total assets less current liabilities
259,206
172,154
Provisions for liabilities
Deferred tax
(34,456)
(24,342)
Net assets
224,750
147,812
Called up share capital
12
9
Profit and loss account
224,738
147,803
Shareholders' funds
224,750
147,812
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 January 2025 and were signed on its behalf by
Xhenis Ramaxhiku
Director
Company Registration No. 11929279
Kanita Bakery Limited
Notes to the Accounts
for the year ended 30 April 2024
Kanita Bakery Limited is a private company, limited by shares, registered in England and Wales, registration number 11929279. The registered office is Unit 5a, 2a Belsham Street, London, E9 6NG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 year straight line
Motor vehicles
5 year straight line
Fixtures & fittings
5 year straight line
Computer equipment
5 year straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Kanita Bakery Limited
Notes to the Accounts
for the year ended 30 April 2024
4
Intangible fixed assets
Other
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2023
121,745
-
18,412
5,489
145,646
Additions
6,047
41,090
2,698
2,456
52,291
At 30 April 2024
127,792
41,090
21,110
7,945
197,937
At 1 May 2023
18,837
-
3,544
1,670
24,051
Charge for the year
25,242
-
4,009
1,165
30,416
At 30 April 2024
44,079
-
7,553
2,835
54,467
At 30 April 2024
83,713
41,090
13,557
5,110
143,470
At 30 April 2023
102,908
-
14,868
3,819
121,595
Amounts falling due within one year
Accrued income and prepayments
14,292
6,964
Amounts falling due after more than one year
Kanita Bakery Limited
Notes to the Accounts
for the year ended 30 April 2024
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
9,680
70,044
Taxes and social security
45,423
4,493
Loans from directors
55,227
10,626
8
Average number of employees
During the year the average number of employees was 11 (2023: 10).