KIMAÏ LTD


Directors	NEUHAUS, Sidney
	WARCHIWKER, Jessica Deborah


Registered Address	24 Chiltern Street
	London
	W1U 7QE


Registered Number	11545199 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		9,533		6,966
Investments	4		12,710		2
			22,243		6,968
Current assets
Stocks		456,185		160,795
Debtors	5	636,511		672,636
Cash at bank and on hand		617,053		602,022
		1,709,749		1,435,453
Creditors amounts falling due within one year	6	(818,413)		(799,359)
Net current assets (liabilities)			891,336		636,094
Total assets less current liabilities			913,579		643,062
Net assets			913,579		643,062
Capital and reserves
Called up share capital			1,241		1,236
Share premium			1,770,539		1,770,539
Profit and loss account			(858,201)		(1,128,713)
Shareholders' funds			913,579		643,062

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 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 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 26 September 2025, and are signed on its behalf by:

WARCHIWKER, Jessica Deborah
Director
Registered Company No. 11545199

KIMAÏ 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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Office Equipment 4 Years Computer Equipment 3 Years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

	Related parties
	For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	2		9

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 January 24	22,744
	Additions	7,324
	At 31 December 24	30,069
	Depreciation and impairment
	At 01 January 24	15,778
	Charge for year	4,757
	At 31 December 24	20,535
	Net book value
	At 31 December 24	9,533
	At 31 December 23	6,966

4.	Fixed asset investments

		Total
		£
	Cost or valuation
	At 01 January 24	2
	Additions	12,708
	At 31 December 24	12,710
	Net book value
	At 31 December 24	12,710
	At 31 December 23	2

5.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	1,571	38,204
Amounts owed by group undertakings	568,113	550,015
Other debtors	58,264	73,903
Prepayments and accrued income	8,563	10,514
Total	636,511	672,636

6.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	185,491	263,093
Bank borrowings and overdrafts	541,722	363,476
Taxation and social security	86,520	162,789
Other creditors	3,766	1,437
Accrued liabilities and deferred income	914	8,564
Total	818,413	799,359


	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.	Related party transactions
	Included in the debtors at the balance sheet date are loans made by the company to its subsidiaries, Kibling Retail One Ltd (£498,776 and £550,015 in 2024 and 2023, respectively), KiParis One (£11,646 in 2024), and Kibling Melrose LLC (£57,690 in 2024). The loans are due on demand and no interest has been charged.