Company No: 09471280 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	I M John
	C G D Money

REGISTERED OFFICE	22 Wycombe End
	Beaconsfield
	HP9 1NB
	United Kingdom

COMPANY NUMBER

09471280 (England and Wales)

ACCOUNTANT	S&W Partners (Thames Valley) Limited
	22 Wycombe End
	Beaconsfield
	Buckinghamshire
	HP9 1NB

	Note	2026		2025
		£		£
Fixed assets
Intangible assets	3	114,605		102,093
Tangible assets	4	7,864		9,151
Investments	5	7,576		0
		130,045		111,244
Current assets
Stocks	6	802,640		448,875
Debtors
- due within one year	7	1,253,627		869,727
- due after more than one year	7	406,865		409,040
Cash at bank and in hand		699,203		516,929
		3,162,335		2,244,571
Creditors: amounts falling due within one year	8	( 2,461,738)		( 1,523,411)
Net current assets		700,597		721,160
Total assets less current liabilities		830,642		832,404
Creditors: amounts falling due after more than one year	9	( 95,333)		( 97,984)
Net assets		735,309		734,420
Capital and reserves
Called-up share capital	10	128		128
Share premium account		1,996,594		1,996,594
Profit and loss account		( 1,261,413 )		( 1,262,302 )
Total shareholders' funds		735,309		734,420

For the financial 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 financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Kit & Kin Limited (registered number: 09471280) were approved and authorised for issue by the Board of Directors on 27 July 2026. They were signed on its behalf by:

I M John Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Kit & Kin Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 22 Wycombe End, Beaconsfield, HP9 1NB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of Kit & Kin Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise on monetary items.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for the sale of goods in the normal course of business, and is shown net of discounts and VAT.

Revenue arises from the sale of ecological disposable nappies and other baby products and is recognised when the customer accepts delivery of the goods.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Development costs	3 years straight line
Trademarks, patents and licences	5 - 10 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment

3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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 Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	18		13

3. Intangible assets

	Development costs		Trademarks, patents and licences		Total
	£		£		£
Cost
At 01 April 2025	441,320		5,745		447,065
Additions	70,530		6,778		77,308
At 31 March 2026	511,850		12,523		524,373
Accumulated amortisation
At 01 April 2025	343,510		1,462		344,972
Charge for the financial year	64,127		669		64,796
At 31 March 2026	407,637		2,131		409,768
Net book value
At 31 March 2026	104,213		10,392		114,605
At 31 March 2025	97,810		4,283		102,093

4. Tangible assets

	Computer equipment		Total
	£		£
Cost
At 01 April 2025	18,746		18,746
Additions	3,773		3,773
At 31 March 2026	22,519		22,519
Accumulated depreciation
At 01 April 2025	9,595		9,595
Charge for the financial year	5,060		5,060
At 31 March 2026	14,655		14,655
Net book value
At 31 March 2026	7,864		7,864
At 31 March 2025	9,151		9,151

5. Fixed asset investments

Investments in subsidiaries

	2026
	£
Cost
At 01 April 2025	0
Additions	7,576
At 31 March 2026	7,576
Carrying value at 31 March 2026	7,576
Carrying value at 31 March 2025	0

6. Stocks

	2026		2025
	£		£
Stocks	802,640		448,875

7. Debtors

	2026		2025
	£		£
Debtors: amounts falling due within one year
Trade debtors	1,009,043		731,023
Other debtors	244,584		138,704
	1,253,627		869,727
Debtors: amounts falling due after more than one year
Deferred tax asset	406,865		409,040

8. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans	2,655		10,443
Trade creditors	2,233,851		1,300,092
Amounts owed to Group undertakings	7,576		0
Other taxation and social security	36,068		28,997
Other creditors	181,588		183,879
	2,461,738		1,523,411

9. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans	0		2,651
Other creditors	95,333		95,333
	95,333		97,984

10. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
4,705,848 B ordinary shares of £ 0.000005 each	24		24
4,664,730 C ordinary shares of £ 0.000005 each	23		23
16,255,537 Ordinary shares of £ 0.000005 each	81		81
	128		128

11. Related party transactions

The company has taken advantage of the exemption allowed under Section 33.1A of FRS 102 not to disclose transactions with other wholly owned members of the group.