REGISTERED NUMBER: 06474648 (England and Wales)

KI-TRAN LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTOR:

M Harper

SECRETARY:

Ms E O'Brien

REGISTERED OFFICE:

22-24 Harborough Road

Kingsthorpe

Northampton

NN2 7AZ

REGISTERED NUMBER:

06474648 (England and Wales)

ACCOUNTANTS:

Phipps Henson McAllister

Chartered Accountants

22-24 Harborough Road

Kingsthorpe

Northampton

NN2 7AZ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

278,089

231,529

278,089

231,529

CURRENT ASSETS

Debtors

6

238,328

248,280

Cash at bank

287,749

391,530

526,077

639,810

CREDITORS

Amounts falling due within one year

7

172,177

152,378

NET CURRENT ASSETS

353,900

487,432

TOTAL ASSETS LESS CURRENT LIABILITIES

631,989

718,961

PROVISIONS FOR LIABILITIES

69,522

55,095

NET ASSETS

562,467

663,866

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

562,367

663,766

SHAREHOLDERS' FUNDS

562,467

663,866

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 July 2026 and were signed by:

M Harper - Director

1.	STATUTORY INFORMATION

Ki-Tran Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of fifteen years.

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

Motor vehicles

-

33.33% on cost

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.

Debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Government grants

Grants are accounted for under the accruals model as permitted by FRS102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income,

Grants of a revenue nature are recognised in the Statement of Comprehensive Income in the same period as the related expenditure.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2025 - 21 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

540,000

AMORTISATION

At 1 April 2025

and 31 March 2026

540,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2025

21,118

20,519

598,671

640,308

Additions

-

-

170,720

170,720

Disposals

-

-

(74,510

)

(74,510

)

At 31 March 2026

21,118

20,519

694,881

736,518

DEPRECIATION

At 1 April 2025

19,861

14,184

374,734

408,779

Charge for year

315

1,851

121,363

123,529

Eliminated on disposal

-

-

(73,879

)

(73,879

)

At 31 March 2026

20,176

16,035

422,218

458,429

NET BOOK VALUE

At 31 March 2026

942

4,484

272,663

278,089

At 31 March 2025

1,257

6,335

223,937

231,529

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

211,394

152,580

Directors' current accounts

-

60,987

Prepayments

26,934

34,713

238,328

248,280

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

18,577

14,643

Corporation tax

54,156

48,931

Social security and other taxes

11,146

8,368

VAT

36,381

41,510

Other creditors

45,174

33,643

Directors' current accounts

465

-

Accrued expenses

6,278

5,283

172,177

152,378

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

20

A Ordinary

£1

20

20

20

B Ordinary

£1

20

20

20

C Ordinary

£1

20

20

20

D Ordinary

£1

20

20

20

E Ordinary

£1

20

20

100

100

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

M Harper

Balance outstanding at start of year

60,987

88,494

Amounts advanced

48,283

61,500

Amounts repaid

(109,735

)

(89,007

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(465

)

60,987

Interest on the director loan was charged in line with HMRC guidance.