KITALL LTD

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A R Kitley

REGISTERED OFFICE:

1st Floor

200 Tower Bridge Road

Southwark

London

SE1 2UN

REGISTERED NUMBER:

11396370 (England and Wales)

ACCOUNTANTS:

Halsey & Co (Accountants) Ltd.

Chartered Certified Accountants

Registered Auditors

2 Villiers Court

40 Upper Mulgrave Road

Cheam

Surrey

SM2 7AJ

FIXED ASSETS

Tangible assets

4

14,165

12,548

CURRENT ASSETS

Debtors

5

472,538

436,446

Prepayments and accrued income

24,711

-

Cash at bank

29,938

28,363

527,187

464,809

CREDITORS

Amounts falling due within one year

6

423,753

386,499

NET CURRENT ASSETS

103,434

78,310

TOTAL ASSETS LESS CURRENT LIABILITIES

117,599

90,858

CREDITORS

Amounts falling due after more than one year

7

(114,859

)

(82,333

)

PROVISIONS FOR LIABILITIES

(2,691

)

(3,325

)

NET ASSETS

49

5,200

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(51

)

5,100

49

5,200

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

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

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26th June 2026 and were signed by:

A R Kitley - Director

1.	STATUTORY INFORMATION

Kitall 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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1st July 2024

216

7,529

19,672

27,417

Additions

-

962

5,376

6,338

At 30th June 2025

216

8,491

25,048

33,755

DEPRECIATION

At 1st July 2024

54

4,136

10,679

14,869

Charge for year

40

1,089

3,592

4,721

At 30th June 2025

94

5,225

14,271

19,590

NET BOOK VALUE

At 30th June 2025

122

3,266

10,777

14,165

At 30th June 2024

162

3,393

8,993

12,548

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

176,563

267,384

Other debtors

295,975

169,062

472,538

436,446

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans and overdrafts

92,163

108,000

Trade creditors

67,775

28,235

Taxation and social security

228,547

233,548

Other creditors

35,268

16,716

423,753

386,499

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans

18,056

82,333

Taxation and social security

96,803

-

114,859

82,333

8.	RELATED PARTY DISCLOSURES

At the balance sheet date, the director and shareholder of the company, Mr A Kitley, owed the company £205,776 (2024 - £115,074). This loan is subject to interest at HMRC benchmark rates and is repayable on demand.

Included in other creditors is a balance of £4,892 (2024: £12,633) owed to AKK London Group Ltd, a company of which Mr A. Kitley is also a director and shareholder.