REGISTERED NUMBER: 11296117 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

Kushi-Ya Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S G Carlin

T O Clay

REGISTERED OFFICE:

14a Low Pavement

Nottingham

Nottinghamshire

NG1 7DL

REGISTERED NUMBER:

11296117 (England and Wales)

ACCOUNTANTS:

Mabe Allen LLP

Chartered Accountants

The Old Manse

29 St. Mary Street

Ilkeston

Derbyshire

DE7 8AB

FIXED ASSETS

Tangible assets

4

196,562

216,254

CURRENT ASSETS

Stocks

7,500

4,250

Debtors

5

4,638

7,364

Cash at bank and in hand

472,408

218,778

484,546

230,392

CREDITORS

Amounts falling due within one year

6

285,175

169,390

NET CURRENT ASSETS

199,371

61,002

TOTAL ASSETS LESS CURRENT LIABILITIES

395,933

277,256

CREDITORS

Amounts falling due after more than one year

7

-

(8,333

)

PROVISIONS FOR LIABILITIES

(40,007

)

(43,822

)

NET ASSETS

355,926

225,101

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

355,826

225,001

SHAREHOLDERS' FUNDS

355,926

225,101

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 28 November 2025 and were signed on its behalf by:

S G Carlin - Director

T O Clay - Director

1.	STATUTORY INFORMATION

Kushi-Ya Limited 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.

The company's place of business is the registered office.

The figures in the financial statements are rounded to the nearest £1.

The company is not a member of a group and these financial statements therefore cover only the individual company.

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.

Turnover is recognised at the point of delivery to the customer.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

Over life of lease

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

87,345

70,838

195,151

2,773

356,107

Additions

(1

)

9,682

10,647

116

20,444

Disposals

(46,378

)

(53,005

)

(43,242

)

(2,106

)

(144,731

)

At 31 August 2025

40,966

27,515

162,556

783

231,820

DEPRECIATION

At 1 September 2024

46,378

49,137

42,159

2,179

139,853

Charge for year

4,430

7,593

24,346

177

36,546

Eliminated on disposal

(46,378

)

(50,615

)

(42,042

)

(2,106

)

(141,141

)

At 31 August 2025

4,430

6,115

24,463

250

35,258

NET BOOK VALUE

At 31 August 2025

36,536

21,400

138,093

533

196,562

At 31 August 2024

40,967

21,701

152,992

594

216,254

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Prepayments

4,638

7,364

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

8,333

10,000

Other loans

-

18,435

Trade creditors

35,533

32,465

Corporation tax

108,983

11,187

Social security and other taxes

27,412

15,324

VAT

60,543

19,911

Other creditors

4,257

640

Pension control

2,198

1,117

Accruals

37,916

60,311

285,175

169,390

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - due after 1 year

-

8,333

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

9.	OTHER FINANCIAL COMMITMENTS

During the year the company entered into operating leases and are committed to the following remaining amounts in respect of the leases:

Ending more than 5 years from the year end date:

Land and property: £240,000 (2024: £270,000 ending in more tan 5 years).