1 October 2023 false No description of principal activity Taxfiler 2024.6 true 11330964business:PrivateLimitedCompanyLtd2023-10-012024-09-30 113309642023-09-30 113309642023-10-012024-09-30 11330964business:AuditExempt-NoAccountantsReport2023-10-012024-09-30 11330964business:FilletedAccounts2023-10-012024-09-30 113309642024-09-30 11330964business:Director22023-10-012024-09-30 11330964business:Director32023-10-012024-09-30 11330964business:Director42023-10-012024-09-30 11330964business:RegisteredOffice2023-10-012024-09-30 113309642023-09-30 11330964core:WithinOneYear2024-09-30 11330964core:WithinOneYear2023-09-30 11330964core:AfterOneYear2024-09-30 11330964core:AfterOneYear2023-09-30 11330964core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 11330964core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 11330964core:SharePremiumcore:PreviouslyStatedAmount2024-09-30 11330964core:SharePremiumcore:PreviouslyStatedAmount2023-09-30 11330964core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 11330964core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 11330964core:PreviouslyStatedAmount2024-09-30 11330964core:PreviouslyStatedAmount2023-09-30 11330964business:SmallEntities2023-10-012024-09-30 11330964countries:EnglandWales2023-10-012024-09-30 11330964core:ComputerEquipment2023-10-012024-09-30 11330964core:IntangibleAssetsOtherThanGoodwill2023-09-30 11330964core:IntangibleAssetsOtherThanGoodwill2024-09-30 11330964core:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-30 11330964core:ComputerEquipment2023-09-30 11330964core:ComputerEquipment2024-09-30 113309642022-10-012023-09-30 iso4217:GBP xbrli:pure
Company Registration No. 11330964 (England and Wales)
Kanda Products & Services Ltd Unaudited accounts for the year ended 30 September 2024
Kanda Products & Services Ltd Unaudited accounts Contents
Page
- 2 -
Kanda Products & Services Ltd Company Information for the year ended 30 September 2024
Directors
Richard Fleeman Robert Gallagher Paul Soanes
Company Number
11330964 (England and Wales)
Registered Office
17 High Street Henley-In-Arden Warwickshire B95 5AA
Accountants
Multiply Accountancy Limited 71-75 Shelton Street London WC2H 9JQ
- 3 -
Kanda Products & Services Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
71,338 
111,070 
Tangible assets
7,087 
2,532 
78,425 
113,602 
Current assets
Debtors
134,302 
85,728 
Cash at bank and in hand
327,608 
228,800 
461,910 
314,528 
Creditors: amounts falling due within one year
(537,195)
(233,581)
Net current (liabilities)/assets
(75,285)
80,947 
Total assets less current liabilities
3,140 
194,549 
Creditors: amounts falling due after more than one year
(6,589)
(16,589)
Provisions for liabilities
Deferred tax
(14,900)
(28,400)
Other provisions
(13,943)
(7,736)
(28,843)
(36,136)
Net (liabilities)/assets
(32,292)
141,824 
- 4 -
Kanda Products & Services Ltd Statement of financial position as at 30 September 2024 (continued)
Capital and reserves
Called up share capital
13 
13 
Share premium
1,001,368 
1,001,368 
Profit and loss account
(1,033,673)
(859,557)
Shareholders' funds
(32,292)
141,824 
For the year ending 30 September 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 24 June 2025 and were signed on its behalf by
Richard Fleeman Director Company Registration No. 11330964
- 5 -
Kanda Products & Services Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Kanda Products & Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 11330964. The registered office is 17 High Street, Henley-In-Arden, Warwickshire, B95 5AA.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Computer equipment
33% Straight Line
Turnover
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 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.
Going concern
As at the balance sheet date, the company had net current liabilities of £75,285 (2023: £80,947 net current assets) and net liabilities of £32,292 (2023: £141,824 net assets). The directors have indicated their willingness to support the company financially for the foreseeable future. On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis
- 6 -
Kanda Products & Services Ltd Notes to the Accounts for the year ended 30 September 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 October 2023
198,821 
At 30 September 2024
198,821 
Amortisation
At 1 October 2023
87,751 
Charge for the year
39,732 
At 30 September 2024
127,483 
Net book value
At 30 September 2024
71,338 
At 30 September 2023
111,070 
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 October 2023
5,048 
Additions
6,480 
At 30 September 2024
11,528 
Depreciation
At 1 October 2023
2,516 
Charge for the year
1,925 
At 30 September 2024
4,441 
Net book value
At 30 September 2024
7,087 
At 30 September 2023
2,532 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
15,661 
- 
Accrued income and prepayments
28,466 
33,905 
Other debtors
90,175 
51,823 
134,302 
85,728 
- 7 -
Kanda Products & Services Ltd Notes to the Accounts for the year ended 30 September 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
9,836 
10,000 
Trade creditors
36,984 
76,709 
Amounts owed to group undertakings and other participating interests
66,098 
104,823 
Taxes and social security
145,872 
(76,216)
Other creditors
7,048 
51,044 
Loans from directors
171 
7,290 
Accruals
905 
3,591 
Deferred income
270,281 
56,340 
537,195 
233,581 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
6,589 
16,589 
9
Transactions with related parties
During the period, the company received £Nil (2023: £Nil) from Kanda Co., a company incorporated in Delaware, USA. The remaining funds received represent a loan with no fixed repayment or interest terms. The amount outstanding at the balance sheet date was £66,098 (2023: £104,823). Kanda Products & Services Ltd is a wholly owned subsidiary of Kanda Co. by virtue of the 100% shareholding.
10
Average number of employees
During the year the average number of employees was 8 (2023: 8).
- 8 -