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REGISTERED NUMBER: 11667815 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

KINN COLLECTIVE LIMITED

KINN COLLECTIVE LIMITED (REGISTERED NUMBER: 11667815)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KINN COLLECTIVE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: Mr M Froggatt





SECRETARY: Mr N D Latter





REGISTERED OFFICE: Larch House
Parklands Business Park
Denmead
Hampshire
PO7 6XP





REGISTERED NUMBER: 11667815 (England and Wales)





ACCOUNTANTS: Gibson Whitter
Chartered Accountants
and Chartered Tax Advisers
Larch House
Parklands Business Park
Denmead
Hampshire
PO7 6XP

KINN COLLECTIVE LIMITED (REGISTERED NUMBER: 11667815)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,485 3,434

CURRENT ASSETS
Stocks 17,400 8,522
Debtors 5 250,102 256,256
Cash at bank 2,313 125,947
269,815 390,725
CREDITORS
Amounts falling due within one year 6 251,586 287,847
NET CURRENT ASSETS 18,229 102,878
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,714

106,312

CREDITORS
Amounts falling due after more than one
year

7

(932

)

(7,165

)

PROVISIONS FOR LIABILITIES 9 - (755 )
NET ASSETS 20,782 98,392

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 20,682 98,292
20,782 98,392

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

KINN COLLECTIVE LIMITED (REGISTERED NUMBER: 11667815)

BALANCE SHEET - continued
31 MARCH 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the director and authorised for issue on 27 June 2025 and were signed by:





Mr M Froggatt - Director


KINN COLLECTIVE LIMITED (REGISTERED NUMBER: 11667815)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Kinn Collective Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

KINN COLLECTIVE LIMITED (REGISTERED NUMBER: 11667815)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 7,828
Additions 1,380
At 31 March 2025 9,208
DEPRECIATION
At 1 April 2024 4,394
Charge for year 1,329
At 31 March 2025 5,723
NET BOOK VALUE
At 31 March 2025 3,485
At 31 March 2024 3,434

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 24,660 170,556
Other debtors 225,442 85,700
250,102 256,256

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 14,444 6,330
Trade creditors 71,519 76,075
Taxation and social security 72,920 139,422
Other creditors 92,703 66,020
251,586 287,847

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans 932 7,165

Bank loans above represents a Bounce Back loan.

KINN COLLECTIVE LIMITED (REGISTERED NUMBER: 11667815)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.25 31.3.24
£    £   
Within one year 5,649 6,162
Between one and five years - 5,649
5,649 11,811

9. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax - 755

Deferred
tax
£   
Balance at 1 April 2024 755
Utilised during year (755 )
Balance at 31 March 2025 -

10. RELATED PARTY DISCLOSURES

The aggregate amount owed by the director at the balance sheet date is £56,367 (31.3.24: £74,579).

The aggregate amount of interest paid by the director to the company during the year was £1,457 (31.3.24: £1,583).

The aggregate amount owed by a company under common control at the balance sheet date is £1,152 (31.3.24: £1,062).

11. ULTIMATE CONTROLLING PARTY

The controlling party is Mr M Froggatt.