REGISTERED NUMBER: 16283592 (England and Wales)

Unaudited Financial Statements

for the Period 28th February 2025 to 31st December 2025

for

Kinvault Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T P M King

B T F Mason

Ms L Webster

REGISTERED OFFICE:

Bradbrooke House

Almondsbury Business Centre

Woodlands

Bradley Stoke

Bristol

BS32 4QH

REGISTERED NUMBER:

16283592 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Intangible assets

4

154,357

Tangible assets

5

1,851

156,208

CURRENT ASSETS

Debtors

6

35,973

Cash at bank

99,913

135,886

CREDITORS

Amounts falling due within one year

7

444,757

NET CURRENT LIABILITIES

(308,871

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(152,663

)

CREDITORS

Amounts falling due after more than one year

8

75,000

NET LIABILITIES

(227,663

)

CAPITAL AND RESERVES

Called up share capital

9

163

Share premium

10

219,980

Retained earnings

10

(447,806

)

SHAREHOLDERS' FUNDS

(227,663

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th June 2026 and were signed on its behalf by:

T P M King - Director

B T F Mason - Director

1.	STATUTORY INFORMATION

Kinvault 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

An impairment loss has been recognised in the Income Statement, following an assessment at the Balance Sheet date indicating the recoverable amount was less than its carrying value.

Computer software is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Computer equipment

-

Straight line over 3 years

Taxation

Taxation for the period 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 period 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 period was 4 .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

501,609

At 31st December 2025

501,609

AMORTISATION

Charge for period

22,067

Impairments

325,185

At 31st December 2025

347,252

NET BOOK VALUE

At 31st December 2025

154,357

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

2,400

At 31st December 2025

2,400

DEPRECIATION

Charge for period

549

At 31st December 2025

549

NET BOOK VALUE

At 31st December 2025

1,851

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

34,868

Other debtors

155

Prepayments

950

35,973

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

18,589

Tax

2,535

Social security and other taxes

5,474

VAT

6,261

Other creditors

757

Shareholders loan account

202,435

Deferred consideration

50,000

Directors' current accounts

157,106

Accrued expenses

1,600

444,757

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Deferred consideration

75,000

9.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

value:

£

16,310

Ordinary

£0.01

163

15,484 Ordinary shares of £0.01 each were allotted but not paid during the period.

826 Ordinary shares of £0.01 each were allotted as fully paid at a premium of 266.32 per share during the period.

10.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 28th February 2025

-

219,980

219,980

Deficit for the period

(447,806

)

-

(447,806

)

At 31st December 2025

(447,806

)

219,980

(227,826

)

11.	RELATED PARTY DISCLOSURES

Kinherit Ltd is an associated company of the entity as it is under common control. The following balances were outstanding as at the year end in respect of transactions and arrangements with Kinherit Ltd:

-Trade debtors: £32,394.74

-Trade creditors: £3,990

-Deferred consideration arising from the acquisition of assets:

£50,000 due April 2026

£75,000 due April 2027

All balances with Kinherit Ltd are unsecured, interest-free, and are repayable in accordance with normal commercial terms, unless otherwise stated. Deferred consideration payable in respect of the asset acquisition is due in line with the repayment schedule noted above.

No provision for doubtful debts has been recognised in respect of the receivable balance as at the reporting date.