REGISTERED NUMBER: 10219533 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2025

for

Kanpai London Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr T J Wilson

Ms P D Wilson

Mrs L E Wilson

REGISTERED OFFICE:

31a Park Road

Bromley

United Kingdom

BR1 3HJ

REGISTERED NUMBER:

10219533 (England and Wales)

ACCOUNTANTS:

Lane Monnington Welton

Chartered Accountants

Riverside View

Basing Road

Old Basing

Basingstoke

Hampshire

RG24 7AL

FIXED ASSETS

Tangible assets

4

90,377

113,715

CURRENT ASSETS

Stocks

33,774

20,156

Debtors

5

44,706

37,979

Cash at bank

118,271

135,027

196,751

193,162

CREDITORS

Amounts falling due within one year

6

62,648

70,064

NET CURRENT ASSETS

134,103

123,098

TOTAL ASSETS LESS CURRENT LIABILITIES

224,480

236,813

CREDITORS

Amounts falling due after more than one year

7

-

(6,786

)

PROVISIONS FOR LIABILITIES

9

(10,134

)

(13,472

)

NET ASSETS

214,346

216,555

CAPITAL AND RESERVES

Called up share capital

10

90

90

Share premium

99,990

99,990

Retained earnings

114,266

116,475

SHAREHOLDERS' FUNDS

214,346

216,555

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 November 2025 and were signed on its behalf by:

Mr T J Wilson - Director

1.	STATUTORY INFORMATION

Kanpai London Ltd. 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.

Leasehold Improvements

-

20% on cost

Plant and machinery

-

20% on cost

Computer equipment

-

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.

Financial instruments

Debtors and creditors payable/receivable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings

Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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, adjusted for indexation where applicable.

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.

Impairment

Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Leasehold

Plant and

Computer

Improvements

machinery

equipment

Totals

£

£

£

£

COST

At 1 July 2024

87,773

121,267

9,420

218,460

Additions

7,002

1,575

516

9,093

Disposals

(14,155

)

(13,607

)

(2,776

)

(30,538

)

At 30 June 2025

80,620

109,235

7,160

197,015

DEPRECIATION

At 1 July 2024

27,722

70,674

6,349

104,745

Charge for year

15,305

14,953

1,377

31,635

Eliminated on disposal

(14,012

)

(13,183

)

(2,547

)

(29,742

)

At 30 June 2025

29,015

72,444

5,179

106,638

NET BOOK VALUE

At 30 June 2025

51,605

36,791

1,981

90,377

At 30 June 2024

60,051

50,593

3,071

113,715

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

8,944

12,062

Other debtors

35,762

25,917

44,706

37,979

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans and overdrafts

6,787

7,399

Taxation and social security

39,726

37,111

Other creditors

16,135

25,554

62,648

70,064

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans

-

6,786

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

30.6.25

30.6.24

£

£

Within one year

66,240

66,240

Between one and five years

193,200

259,440

259,440

325,680

9.	PROVISIONS FOR LIABILITIES

30.6.25

30.6.24

£

£

Deferred tax

10,134

13,472

Deferred

tax

£

Balance at 1 July 2024

13,472

Accelerated capital allowances

(3,338

)

Balance at 30 June 2025

10,134

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

30.6.24

value:

£

£

5,100

Ordinary

£0.01

51

51

3,900

Ordinary A

£0.01

39

39

90

90

11.	RELATED PARTY DISCLOSURES

As at the balance sheet date an amount was owed from one of the directors totalling £1,931 (2024: £10,483 owed to one of the directors). The loan is interest free and repayable on demand.