KITCHENPOD LTD


Director	DEAN, Edward Alan


Registered Address	14 London Road
	Guildford
	GU1 2AG


Registered Number	09916709 (England and Wales)

Statement of Financial Position
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Intangible assets	3		37,938		53,675
Tangible assets	4		227,457		260,829
			265,395		314,504
Current assets
Debtors	5	296,009		110,888
Cash at bank and on hand		1,249		45,990
		297,258		156,878
Creditors amounts falling due within one year	6	(232,048)		(128,961)
Net current assets (liabilities)			65,210		27,917
Total assets less current liabilities			330,605		342,421
Creditors amounts falling due after one year	7		(64,970)		(76,991)
Provisions for liabilities	9		(70,331)		(59,756)
Net assets			195,304		205,674
Capital and reserves
Called up share capital			87,000		87,000
Profit and loss account			108,304		118,674
Shareholders' funds			195,304		205,674

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 30 September 2025, and are signed on its behalf by:

DEAN, Edward Alan
Director
Registered Company No. 09916709

KITCHENPOD LTD

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

	Research and development
	Research and development expenditure is charged to the income statement in the period in which it is incurred. However, where the directors are satisfied as to the technical, commercial and financial viability of individual projects, development expenditure is deferred and amortised over years during which the company is expected to benefit.

	Tangible fixed assets and depreciation
	Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	2		2

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 January 24	202,668	202,668
Additions	30,996	30,996
At 31 December 24	233,664	233,664
Amortisation and impairment
At 01 January 24	148,993	148,993
Charge for year	46,733	46,733
At 31 December 24	195,726	195,726
Net book value
At 31 December 24	37,938	37,938
At 31 December 23	53,675	53,675

4.	Tangible fixed assets

	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 January 24	145,813	446,728	2,838	595,379
Additions	4,076	66,148	107	70,331
At 31 December 24	149,889	512,876	2,945	665,710
Depreciation and impairment
At 01 January 24	101,488	230,970	2,092	334,550
Charge for year	24,594	78,730	379	103,703
At 31 December 24	126,082	309,700	2,471	438,253
Net book value
At 31 December 24	23,807	203,176	474	227,457
At 31 December 23	44,325	215,758	746	260,829

5.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	166,137	51,339
Other debtors	49,412	330
Prepayments and accrued income	64,860	43,619
Total	280,409	95,288


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

6.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	9,130	5,749
Bank borrowings and overdrafts	75,867	25,867
Taxation and social security	97,012	65,368
Finance lease and HP contracts	4,155	16,450
Other creditors	33,503	15,467
Accrued liabilities and deferred income	12,381	60
Total	232,048	128,961


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	63,556	64,422
Other creditors	1,414	12,569
Total	64,970	76,991

8.	Obligations under finance leases

		2024		2023
		£		£
	Finance lease and HP contracts	5,569		22,019


	The amounts here are also included within the Other Creditors figure stated within note 10.

9.	Provisions for liabilities

	2024	2023
	£	£
Net deferred tax liability (asset)	70,331	59,756
Total	70,331	59,756

10.	Off-balance sheet arrangements
	At 31 December 2024 the company was committed to making the following payments under non-cancellable premises rental agreements and operating lease agreements: Operating Leases which expire 2024 2023 Within one year 52,648 52,648 Between two and five years 74,585 127,233