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
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
Kanda Products & Services Ltd
Statement of financial position
as at 30 September 2024
Intangible assets
71,338
111,070
Tangible assets
7,087
2,532
Cash at bank and in hand
327,608
228,800
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)
Net (liabilities)/assets
(32,292)
141,824
Kanda Products & Services Ltd
Statement of financial position
as at 30 September 2024 (continued)
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
Kanda Products & Services Ltd
Notes to the Accounts
for the year ended 30 September 2024
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.
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.
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 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.
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
Kanda Products & Services Ltd
Notes to the Accounts
for the year ended 30 September 2024
4
Intangible fixed assets
Other
At 30 September 2024
198,821
Charge for the year
39,732
At 30 September 2024
127,483
At 30 September 2024
71,338
At 30 September 2023
111,070
5
Tangible fixed assets
Computer equipment
At 30 September 2024
11,528
At 30 September 2024
4,441
At 30 September 2024
7,087
At 30 September 2023
2,532
Amounts falling due within one year
Accrued income and prepayments
28,466
33,905
Other debtors
90,175
51,823
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
Deferred income
270,281
56,340
8
Creditors: amounts falling due after more than one year
2024
2023
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).