Kinara International Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 11204753

		31 December 2024		31 December 2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		13,160		16,312
Tangible Assets	5		28,795		36,729
Investments	6		22,243		22,243

			64,198		75,284
CURRENT ASSETS
Stocks	7	-		2,676
Debtors	8	501,576		511,312
Cash at bank and in hand		13,187		97,771

		514,763		611,759
Creditors: Amounts Falling Due Within One Year	9	(1,227,263 )		(1,149,094 )

NET CURRENT ASSETS (LIABILITIES)			(712,500 )		(537,335 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(648,302 )		(462,051 )

NET LIABILITIES			(648,302 )		(462,051 )

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			(648,402 )		(462,151 )

SHAREHOLDERS' FUNDS			(648,302)		(462,051)

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Kinara International Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Sudershan Dadlani

Director

11/09/2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Kinara International Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11204753 . The registered office is Office 4 Prospect House, 399 Hendon Way, London, NW4 3LH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Going Concern Disclosure

The accounts have been prepared on a going concern basis which assumes the continued support of the company’s creditors. Should this support be withdrawn and not replaced by alternative finance, the company would be unable to continue trading. Adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that might arise and to reclassify fixed assets and long term liabilities as current assets and liabilities.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Research and Development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.

If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25%
Computer Equipment	33%

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.7. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Kinara International Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2023: 6)

4. Intangible Assets

	Development Costs
	£
Cost
As at 1 January 2024	31,521

As at 31 December 2024	31,521

Amortisation
As at 1 January 2024	15,209
Impairment losses	3,152

As at 31 December 2024	18,361

Net Book Value
As at 31 December 2024	13,160

As at 1 January 2024	16,312

5. Tangible Assets

	Motor Vehicles	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2024	37,330	7,701	45,031
Additions	-	1,645	1,645

As at 31 December 2024	37,330	9,346	46,676

Depreciation
As at 1 January 2024	3,318	4,984	8,302
Provided during the period	8,503	1,076	9,579

As at 31 December 2024	11,821	6,060	17,881

Net Book Value
As at 31 December 2024	25,509	3,286	28,795

As at 1 January 2024	34,012	2,717	36,729

6. Investments

	Unlisted
	£
Cost
As at 1 January 2024	22,243

As at 31 December 2024	22,243

Provision
As at 1 January 2024	-

As at 31 December 2024	-

...CONTINUED

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Kinara International Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Net Book Value
As at 31 December 2024	22,243

As at 1 January 2024	22,243

7. Stocks

	31 December 2024	31 December 2023
	£	£
Finished goods	-	2,676

8. Debtors

	31 December 2024	31 December 2023
	£	£
Due within one year
Trade debtors	(12,907 )	132,319
Prepayments and accrued income	3,049	-
Other debtors	435,234	378,993
Directors' loan accounts	76,200	-

	501,576	511,312

9. Creditors: Amounts Falling Due Within One Year

	31 December 2024	31 December 2023
	£	£
Trade creditors	524,941	490,084
Bank loans and overdrafts	1,408	891
Other taxes and social security	3,540	5,555
VAT	25,533	5,336
Credit card	1,249	-
Pension payable	397	981
Other creditors - Black Horse Loan	29,044	33,305
Other creditors - Intercompany (Kinara Intermediate Ltd)	50,113	50,113
Directors' loan accounts	-	1,791
Amounts owed to group undertakings	591,038	561,038

	1,227,263	1,149,094

10. Share Capital

	31 December 2024	31 December 2023
	£	£
Allotted, Called up and fully paid	100	100

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Kinara International Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2024
	£	£	£	£	£
Mr Sudershan Dadlani	1,791	9,008	87,000	-	76,200

During the year and at the end of the year director's advances made of £76,200.39 to the directors of the company which has been paid within 9 months of the period end.

12. Related Party Transactions

During the year, Kinara Intermediate Ltd & RPDK Lta which is a company under common control of the director, owes an outstanding amount of £244,422.85 & £185,297.32 respectively for a loan.”

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