KIMAÏ LTD


Directors	NEUHAUS, Sidney
	WARCHIWKER, Jessica Deborah


Registered Address	24 Chiltern Street
	London
	W1U 7QE


Registered Number	11545199 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		9,693		9,533
Investments	4		12,710		12,710
			22,403		22,243
Current assets
Stocks	5	680,352		456,185
Debtors	6	1,114,800		636,511
Cash at bank and on hand		236,445		617,053
		2,031,597		1,709,749
Creditors amounts falling due within one year	7	(841,939)		(818,414)
Net current assets (liabilities)			1,189,658		891,335
Total assets less current liabilities			1,212,061		913,578
Net assets			1,212,061		913,578
Capital and reserves
Called up share capital			1,241		1,241
Share premium			1,770,539		1,770,539
Profit and loss account			(559,719)		(858,202)
Shareholders' funds			1,212,061		913,578

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

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

WARCHIWKER, Jessica Deborah
Director
Registered Company No. 11545199

KIMAÏ LTD

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Office Equipment 4 Years Computer Equipment 3 Years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

	Related parties
	For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 January 25	-	-	30,069	30,069
Additions	1,215	523	3,288	5,026
At 31 December 25	1,215	523	33,357	35,095
Depreciation and impairment
At 01 January 25	-	-	20,536	20,536
Charge for year	25	173	4,668	4,866
At 31 December 25	25	173	25,204	25,402
Net book value
At 31 December 25	1,190	350	8,153	9,693
At 31 December 24	-	-	9,533	9,533

4.	Fixed asset investments

	Investments in groups¹	Total
	£	£
Cost or valuation
At 01 January 25	12,710	12,710
At 31 December 25	12,710	12,710
Net book value
At 31 December 25	12,710	12,710
At 31 December 24	12,710	12,710

	Notes
	¹Investments in group undertakings and participating interests

5.	Stocks

	2025	2024
	£	£
Raw materials and consumables	680,352	456,185
Total	680,352	456,185

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	-	1,571
Amounts owed by group undertakings	1,055,226	568,113
Other debtors	41,310	58,264
Prepayments and accrued income	18,264	8,563
Total	1,114,800	636,511

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	213,315	185,491
Bank borrowings and overdrafts	341,279	541,722
Taxation and social security	260,402	86,520
Other creditors	8,130	3,766
Accrued liabilities and deferred income	18,813	915
Total	841,939	818,414


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

8.	Related party transactions
	Included in the debtors at the balance sheet date are loans made by the company to its subsidiaries, Kibling Retail One Ltd (£493,170 and £498,776 in 2025 and 2024, respectively), KiParis One (£180,386 and £11,646 in 2025 and 2024, respectively), and Kibling Melrose LLC (£381,670 and £57,690 in 2025 and 2024, respectively). The loans are due on demand and no interest has been charged.