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Registered number: 02372217

Kaika Tech Ltd

ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/08/2024

Prepared By:
Arundales
Chartered Accountants
Stowe House
1688 High Street
Knowle
West Midlands
B93 0LY

Kaika Tech Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/08/2024
DIRECTORS
Mr J. Robinson
Mr D. Ghosh
Mr A. Mackay
REGISTERED OFFICE
Suite 3, Alcora Building
Mucklow Hill
Halesowen
West Midlands
B62 8DG
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 02372217
ACCOUNTANTS
Arundales
Chartered Accountants
Stowe House
1688 High Street
Knowle
West Midlands
B93 0LY

Kaika Tech Ltd

ACCOUNTS
FOR THEYEARENDED31/08/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Kaika Tech Ltd

BALANCE SHEET AT 31/08/2024
20242023
Notes££
FIXED ASSETS
Tangible assets315,45018,274
CURRENT ASSETS
Stock4,42010,947
Debtors5222,084348,836
Cash at bank and in hand232,604171,595
459,108531,378
CREDITORS: Amounts falling due within one year6210,209271,486
NET CURRENT ASSETS248,899259,892
TOTAL ASSETS LESS CURRENT LIABILITIES264,349278,166
CREDITORS: Amounts falling due after more than one year77,50017,500
PROVISIONS FOR LIABILITIES AND CHARGES83,3993,838
NET ASSETS253,450256,828
CAPITAL AND RESERVES
Called up share capital940,20040,200
Profit and loss account213,250216,628
SHAREHOLDERS' FUNDS253,450256,828
For the year ending 31/08/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 12/05/2025 and signed on their behalf by
.............................
Mr A. Mackay
Director

Kaika Tech Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/08/2024
1. ACCOUNTING POLICIES
1a. General information and basis of preparation
The principle activity of the company is the provision of IT consultancy, support and hardware.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
1b. Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:
Fixtures, fittings and equipmentstraight line20%
1c. Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Kaika Tech Ltd

1d. Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:
Sale of goods - Turnover from the sale of computer equipment, and other related products is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on collection or dispatch of the goods.
Rendering of services - When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to director's estimate. Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.
1e. Inventories
Inventories are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.
1k. Debtors And Creditors Receivable Payable Within One Year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
1g. Loans And Borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.
1h. Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.
1i. Provisions
Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.
1j. Employee Benefits
When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.
The company operates a defined contribution plan for the benefit of its directors. Contributions are expensed as they become payable.

Kaika Tech Ltd

1k. Debtors And Creditors Receivable Payable Within One Year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
1l. Leases
Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, are included in creditors.
Rentals paid under operating leases are charged to the profit and loss account as incurred.
2. EMPLOYEES
20242023
No.No.
Average number of employees88
3. TANGIBLE FIXED ASSETS
Fixtures,
fittings and equipmentTotal
££
Cost
At 01/09/202394,25694,256
Additions2,5562,556
At 31/08/202496,81296,812
Depreciation
At 01/09/202375,98275,982
For the year5,3805,380
At 31/08/202481,36281,362
Net Book Amounts
At 31/08/202415,45015,450
At 31/08/202318,27418,274
4. STOCK 20242023
££
Stock comprises:
Stock4,42010,947
4,42010,947

Kaika Tech Ltd

5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors215,919346,737
Prepayments6,1652,099
222,084348,836
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax18,00514,560
Other tax31,74338,465
Bank loan10,00010,000
Trade creditors136,535184,363
Other creditors10,6829,853
Accruals3,24414,245
210,209271,486
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loan7,50017,500
7,50017,500
8. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation3,3993,838
3,3993,838

Kaika Tech Ltd

9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
40200 Ordinary shares of £1 each4020040200
40,20040,200