Kippa Bid Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 6867537

Kippa Bid Limited

Company Limited by Guarantee

Filleted Unaudited Financial Statements

31 March 2026

Kippa Bid Limited

Company Limited by Guarantee

Financial Statements

Year ended 31 March 2026

Contents	Page

Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2

Notes to the financial statements	4

Kippa Bid Limited

Company Limited by Guarantee

Chartered Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Kippa Bid Limited

Year ended 31 March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kippa Bid Limited for the year ended 31 March 2026, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation.

BROOKS & CO. Chartered accountants

9 Cheam Road Ewell Epsom Surrey KT17 1SP

10 June 2026

Kippa Bid Limited

Company Limited by Guarantee

Statement of Financial Position

31 March 2026

	2026	2025
Note	£	£

Current assets

Debtors	7	7,892	8,723
Cash at bank and in hand		52,787	83,677
		--------	--------
		60,679	92,400

Creditors: amounts falling due within one year	8	39,699	56,597
		--------	--------
Net current assets		20,980	35,803
		--------	--------
Total assets less current liabilities		20,980	35,803
		--------	--------
Net assets		20,980	35,803
		--------	--------

Capital and reserves

Other reserves	35,803	35,803
Profit and loss account	( 14,823)	–
	--------	--------
Members funds	20,980	35,803
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2026 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Kippa Bid Limited

Company Limited by Guarantee

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 10 June 2026 , and are signed on behalf of the board by:

Mr C J Newton	Mrs D Muino
Director	Director

Company registration number: 6867537

Kippa Bid Limited

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is 93 Priory Road, Cheam, Sutton, Surrey, SM3 8LY, UK.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Income is applicable to the company's principal activity and is wholly derived within the UK.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings	-	100% straight line
Office Equipment	-	100% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. Company limited by guarantee

KIPPA Bid Limited is a company limited by guarantee, not having a share capital. The liability of its members is limited. Every member of the company undertakes to contribute to the assets of the company in the event of it being wound up while a member or within a year of ceasing to be a member, and the costs, charges and expenses of winding up and for adjustment of the rights of contributors among themselves, such amount as may be required not exceeding £1 per member.

5. Taxation on ordinary activities

No provision has been made for corporation tax as the company did not receive any investment income during the period under review.

6. Tangible assets

	Fixtures and fittings	Equipment	Total
	£	£	£
Cost
At 1 April 2025 and 31 March 2026	97,665	1,668	99,333
	--------	-------	--------
Depreciation
At 1 April 2025 and 31 March 2026	97,665	1,668	99,333
	--------	-------	--------
Carrying amount
At 31 March 2026	–	–	–
	--------	-------	--------
At 31 March 2025	–	–	–
	--------	-------	--------

7. Debtors

	2026	2025
	£	£
Other debtors	7,892	8,723
	-------	-------

8. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	33,920	50,997
Other creditors	5,779	5,600
	--------	--------
	39,699	56,597
	--------	--------