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Registration number: 8993443

Kata Tipis Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 April 2025

Kata Tipis Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Statement of Changes in Equity | 4
Notes to the Unaudited Financial Statements | 5 to 11

Kata Tipis Limited

Company Information

Directors | Mr Tom Burnell Mr Matthew Chell Ms Lynsey Hardman Mr Duncan Waring Mr Simon Burnell

Registered office | 3/4 Wellington Lane Stamford PE9 1QB

Accountants | AIMS Accountants Fernwood Business Centre Newark Notts NG24 3JP

Kata Tipis Limited

(Registration number: 8993443)
Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 18,075 | -
Tangible assets | 5 | 107,393 | 164,542
Other financial assets | 6 | 2,210 | 2,210
|  | 127,678 | 166,752
Current assets |  |  |
Stocks | 7 | 369,051 | 322,746
Debtors | 8 | 207,953 | 413,056
Cash at bank and in hand |  | 89,074 | 23,877
|  | 666,078 | 759,679
Creditors: Amounts falling due within one year | 9 | (430,875) | (419,281)
Net current assets |  | 235,203 | 340,398
Total assets less current liabilities |  | 362,881 | 507,150
Creditors: Amounts falling due after more than one year | 9 | (27,776) | (120,968)
Provisions for liabilities |  | (1,738) | (8,407)
Net assets |  | 333,367 | 377,775
Capital and reserves |  |  |
Called up share capital | 10 | 1,475 | 1,475
Share premium reserve |  | 59,650 | 59,650
Retained earnings |  | 272,242 | 316,650
Shareholders' funds |  | 333,367 | 377,775

For the financial year ending 30 April 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.

These financial statements have been prepared and 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 21 January 2026 and signed on its behalf by:

Kata Tipis Limited

(Registration number: 8993443)
Balance Sheet as at 30 April 2025

......................................... Mr Tom Burnell Director

Kata Tipis Limited

Statement of Changes in Equity for the Year Ended 30 April 2025

| Share capital £ | Share premium £ | Retained earnings £ | Total £
At 1 May 2024 | 1,475 | 59,650 | 316,650 | 377,775
Loss for the year | - | - | (44,408) | (44,408)
At 30 April 2025 | 1,475 | 59,650 | 272,242 | 333,367

| Share capital £ | Share premium £ | Retained earnings £ | Total £
At 1 May 2023 | 1,250 | 9,875 | 189,050 | 200,175
Profit for the year | - | - | 127,600 | 127,600
New share capital subscribed | 225 | 49,775 | - | 50,000
At 30 April 2024 | 1,475 | 59,650 | 316,650 | 377,775

Kata Tipis Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
3/4 Wellington Lane
Stamford
PE9 1QB

These financial statements were authorised for issue by the Board on 21 January 2026.

2 | 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

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.

Kata Tipis Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

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.

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 & Machinery | 33%/20%/15% Straight Line
Motor Vehicles | 15% Straight Line

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

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.

Kata Tipis Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 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.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

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.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 8 (2024 - 7).

Kata Tipis Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

4 | Intangible assets

| Other intangible assets £ | Total £
Cost or valuation
Additions acquired separately | 18,075 | 18,075
At 30 April 2025 | 18,075 | 18,075
Amortisation
Carrying amount
At 30 April 2025 | 18,075 | 18,075

5 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Other tangible assets £ | Total £
Cost or valuation
At 1 May 2024 | 1,104 | 96,847 | 373,041 | 470,992
At 30 April 2025 | 1,104 | 96,847 | 373,041 | 470,992
Depreciation
At 1 May 2024 | 662 | 70,399 | 235,389 | 306,450
Charge for the year | 166 | 5,699 | 51,284 | 57,149
At 30 April 2025 | 828 | 76,098 | 286,673 | 363,599
Carrying amount
At 30 April 2025 | 276 | 20,749 | 86,368 | 107,393
At 30 April 2024 | 442 | 26,448 | 137,652 | 164,542

6 | Other financial assets (current and non-current)

Non-current financial assets
Cost or valuation
Impairment
Carrying amount
At 30 April 2025

Kata Tipis Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

7 | Stocks

| 2025 £ | 2024 £
Raw materials and consumables | 14,628 | -
Work in progress | - | 37,675
Other inventories | 354,423 | 285,071
| 369,051 | 322,746

8 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 39,619 | 125,950
Prepayments | - | 150,955
Other debtors | 168,334 | 136,151
| 207,953 | 413,056

Kata Tipis Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

9 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 11 | 151,097 | 56,337
Trade creditors |  | 151,600 | 59,927
Taxation and social security |  | 54,470 | 52,902
Accruals and deferred income |  | 5,566 | 61,744
Other creditors |  | 68,142 | 188,371
|  | 430,875 | 419,281

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 11 | 27,776 | 120,968

10 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
A Ordinary of £1 each | 1,350 | 1,350 | 1,350 | 1,350
B Ordinary of £1 each | 125 | 125 | 125 | 125
C Cumulative Preference of £1 each | - | - | - | -
| 1,475 | 1,475 | 1,475 | 1,475

The 90,000 class 'C' preference shares were redeemed in the year to 30th April 2022.

Kata Tipis Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

11 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 4,706 | 59,196
Other borrowings | 23,070 | 61,772
| 27,776 | 120,968

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 54,411 | 49,254
Other borrowings | 96,686 | 7,083
| 151,097 | 56,337

12 | Dividends

|  | 2025 |  | 2024
|  | £ |  | £
Final dividend of £Nil (2024 - £Nil) per ordinary share |  | - |  | -
Interim dividend of £Nil (2024 - £Nil) per ordinary share |  | - |  | -
|  | - |  | -