ACCOUNTS - Final Accounts preparation

Registered number: 16238320

KINYOBI BAKERY LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 28 FEBRUARY 2026

KINYOBI BAKERY LIMITED

REGISTERED NUMBER: 16238320

STATEMENT OF FINANCIAL POSITION

AS AT 28 FEBRUARY 2026

		2026
Note		£

Fixed assets
Tangible assets	4		2,604
			2,604
Current assets
Stocks	5	211
Cash at bank and in hand	6	93
		304
Creditors: amounts falling due within one year	7	(8,694)
Net current liabilities			(8,390)
Total assets less current liabilities			(5,786)

Net liabilities			(5,786)

Capital and reserves
Called up share capital	8	2
Profit and loss account		(5,788)
		(5,786)

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KINYOBI BAKERY LIMITED

REGISTERED NUMBER: 16238320

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 28 FEBRUARY 2026

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

H Y Kong

Director

Date: 29 April 2026

The notes on pages 3 to 5 form part of these financial statements.

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KINYOBI BAKERY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 FEBRUARY 2026

1.	General information

Kinyobi Bakery Limited is a private company, limited by shares, incorporated in England and Wales. The Company registration number is 16238320 and the registered office is 5 Pellum Drive, Bolton, BL3 3GR.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are presented in £ sterling, the functional currency, rounded to the nearest £1.

The following principal accounting policies have been applied:

2.2

Going concern

The company had net current liabilities of £8,390 and net liabilities of £5,786 at the balance sheet date. The financial statements have been prepared on a going concern basis as the director, has indicated their willingness and ability to support the Company in order that it is able to meet its working capital requirements for at least 12 months from the date of approval of the financial statements.

2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery

20%

reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

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KINYOBI BAKERY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 FEBRUARY 2026

2.Accounting policies (continued)

2.4

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is 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.

2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the period was 2.

4.	Tangible fixed assets

		Plant and machinery
		£
	Cost or valuation
	Additions	2,707
	At 28 February 2026	2,707
	Depreciation
	Charge for the period	103
	At 28 February 2026	103
	Net book value
	At 28 February 2026	2,604

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KINYOBI BAKERY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 FEBRUARY 2026

5.	Stocks
		2026
		£

	Raw materials and consumables	211

6.	Cash and cash equivalents
		2026
		£

	Cash at bank and in hand	93

7.	Creditors: Amounts falling due within one year
		2026
		£

	Other creditors	8,044
	Accruals and deferred income	650
		8,694

8.	Share capital
		2026
		£

		Allotted, called up and fully paid

		2 Ordinary shares of £1.00 each	2

On incorporation, 2 Ordinary shares of £1.00 each were issued, allotted and fully paid at par.

9.	Controlling party

The Company is controlled by H Y Kong and W T Chau by virtue of their majority shareholdings.

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