KITMII LTD

Company Registration Number:
08960309 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

KITMII LTD

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

KITMII LTD

Balance sheet

As at 31 March 2025


Notes

2025

2024


£

£
Fixed assets
Tangible assets: 3 0 989
Total fixed assets: 0 989
Current assets
Debtors: 4 100 302
Cash at bank and in hand: 0 8,715
Total current assets: 100 9,017
Creditors: amounts falling due within one year: 5 (3,532) (940)
Net current assets (liabilities): (3,432) 8,077
Total assets less current liabilities: (3,432) 9,066
Creditors: amounts falling due after more than one year: 6 (6,145)
Total net assets (liabilities): (9,577) 9,066
Capital and reserves
Called up share capital: 100 100
Other reserves:   4,013
Profit and loss account: (9,677) 4,953
Shareholders funds: (9,577) 9,066

The notes form part of these financial statements

KITMII LTD

Balance sheet statements

For the year ending 31 March 2025 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 June 2025
and signed on behalf of the board by:

Name: Okiemute Ekwevugbe
Status: Director

The notes form part of these financial statements

KITMII LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Other accounting policies

KITMII Limited hereinafter referred to as the company is registered with companies house with registration no 08960309 with EKWEVUGBE, Okiemute Mitchell as the sole director. The company provides Pharmacy activities through its director to its customers. The financial statement has been prepared under the historical cost convention and in accordance with the financial Reporting Standard for Smaller Entities (effective January 2016)

KITMII LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 1 1

No employee was paid wages during the reporting period

KITMII LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 1,161
At 31 March 2025 1,161
Depreciation
At 01 April 2024 172
Charge for year 65
Other adjustments 924
At 31 March 2025 1,161
Net book value
At 31 March 2025 0
At 31 March 2024 989

Property, plant and equipment (PPE) are the long-term tangible assets that are shown on the balance sheet of the company. The company recognizes an asset as an item of PPE when the asset has a useful life for more than one year and it is used for production or supply of goods or services, for rental to others, or for administrative purposes. Property, plant and equipment include land, building, machinery, vehicles, office equipment and furniture, etc. The company records an item of property, plant and equipment initially at its cost in the accounting record. It includes all costs that necessary to bring the asset to the working condition that it can be used as intended. The cost of an item of PPE includes purchased price, import duties, and the costs to get assets to the location and condition ready to use such as transportation and installation cost, etc

KITMII LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

2025 2024
££
Debtors due after more than one year: 100 302

The debt will be deducted from the director wages.at the end of the financial year. Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at the amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts

KITMII LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due within one year note

This is the laibility due for the period ended. Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at the amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts

KITMII LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Creditors: amounts falling due after more than one year note

The amount shown is due at the year end as long tern liability. The director acknowledge their responsibility to pay the debt and have set a plan.