Registration number: 11153176

Kirkee Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Kirkee Limited

Company Information

Directors

Mr T Vincent Mr D Edwards

Registered office

Unit 2 4 London Road Warmley Bristol BS30 5JB

Accountants

Ross & Partners (Bristol) Limited Accountants and Tax Consultants Unit 1, Office 1 Tower Lane Business Park Tower Lane Warmley Bristol BS30 8XT

Kirkee Limited

(Registration number: 11153176)
Balance Sheet as at 31 January 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	3	60,186	41,742
Current assets
Stocks	4	8,500	8,500
Debtors	5	527,659	390,086
Cash at bank and in hand		226,645	187,259
		762,804	585,845
Creditors: Amounts falling due within one year	6	(208,935)	(194,806)
Net current assets		553,869	391,039
Total assets less current liabilities		614,055	432,781
Provisions for liabilities		(10,671)	-
Net assets		603,384	432,781
Capital and reserves
Called up share capital	7	102	102
Retained earnings		603,282	432,679
Shareholders' funds		603,384	432,781

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Kirkee Limited

(Registration number: 11153176)
Balance Sheet as at 31 January 2025

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 June 2025 and signed on its behalf by:
 

......................................... Mr T Vincent Director

Kirkee Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Kirkee Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% straight line
Motor vehicles	25% straight line
Office equipment	25% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Kirkee Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 13 (2024 - 11).

Kirkee Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

3	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 February 2024	3,246	84,625	8,838	96,709
Additions	2,975	47,574	3,440	53,989
Disposals	-	(40,459)	-	(40,459)
At 31 January 2025	6,221	91,740	12,278	110,239
Depreciation
At 1 February 2024	1,979	44,810	8,178	54,967
Charge for the year	1,556	22,935	1,520	26,011
Eliminated on disposal	-	(30,925)	-	(30,925)
At 31 January 2025	3,535	36,820	9,698	50,053
Carrying amount
At 31 January 2025	2,686	54,920	2,580	60,186
At 31 January 2024	1,267	39,815	660	41,742

4

Stocks

	2025 £	2024 £
Other inventories	8,500	8,500

Kirkee Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

5

Debtors

Current	Note	2025 £	2024 £
Trade debtors		382,467	386,528
Amounts owed by related parties	9	132,320	-
Prepayments		3,705	-
Other debtors		9,167	3,558
		527,659	390,086

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	-	12,642
Trade creditors		35,846	78,492
Taxation and social security		165,467	92,328
Accruals and deferred income		1,800	-
Other creditors		5,822	11,344
		208,935	194,806

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	102	102	102	102

Kirkee Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

8	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Other borrowings	-	12,642

9	Related party transactions

Loans to related parties

2025	Parent £	Total £
Advanced	223,860	223,860
Repaid	(91,540)	(91,540)
At end of period	132,320	132,320

Loans from related parties

2025	Key management £	Total £
At start of period	12,642	12,642
Advanced	50,868	50,868
Repaid	(63,510)	(63,510)
At end of period	-	-

2024	Key management £	Total £
At start of period	51,589	51,589
Repaid	(38,947)	(38,947)
At end of period	12,642	12,642

10	Parent and ultimate parent undertaking

The company's immediate parent is Kirkee Holdings Limited, incorporated in United Kingdom.

 The ultimate controlling party is Mrs & Mrs T Vincent and Mrs & Mrs D Edwards by virtue of their shareholdings in Kirkee Holdings Limited.