REGISTERED NUMBER: 11667815 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

KINN COLLECTIVE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M Froggatt

Mr K J Froggatt

SECRETARY:

Mr N D Latter

REGISTERED OFFICE:

Larch House

Parklands Business Park

Denmead

Hampshire

PO7 6XP

REGISTERED NUMBER:

11667815 (England and Wales)

ACCOUNTANTS:

Gibson Whitter

Chartered Accountants

and Chartered Tax Advisers

Larch House

Parklands Business Park

Denmead

Hampshire

PO7 6XP

FIXED ASSETS

Tangible assets

4

2,399

3,485

CURRENT ASSETS

Stocks

35,000

17,400

Debtors

5

154,177

250,102

Cash at bank

50,571

2,313

239,748

269,815

CREDITORS

Amounts falling due within one year

6

207,040

251,586

NET CURRENT ASSETS

32,708

18,229

TOTAL ASSETS LESS CURRENT LIABILITIES

35,107

21,714

CREDITORS

Amounts falling due after more than one year

7

55,829

932

NET (LIABILITIES)/ASSETS

(20,722

)

20,782

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(20,822

)

20,682

(20,722

)

20,782

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 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 and authorised for issue by the Board of Directors and authorised for issue on 17 August 2026 and were signed on its behalf by:

Mr M Froggatt - Director

Mr K J Froggatt - Director

1.	STATUTORY INFORMATION

Kinn Collective 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.

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.

At the balance sheet date the company has a net liability position. This is due to amounts owing to a director. The director has agreed to not seek repayment of the loan until the company is in a financial position to do so.

The directors acknowledge that there has been a loss for the trading year. However, this was due to a general economic downturn in the UK, particularly affecting hospitality related businesses. The trading environment was difficult throughout 2025/26, but changes were made for greater cost efficiency and enquiries for future projects were positive.

On this basis, the directors have prepared these financial statements on the going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

and 31 March 2026

9,208

DEPRECIATION

At 1 April 2025

5,723

Charge for year

1,086

At 31 March 2026

6,809

NET BOOK VALUE

At 31 March 2026

2,399

At 31 March 2025

3,485

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

52,672

24,660

Other debtors

101,505

225,442

154,177

250,102

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

8,273

14,444

Trade creditors

52,950

71,519

Taxation and social security

55,973

72,920

Other creditors

89,844

92,703

207,040

251,586

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

25,829

932

Other creditors

30,000

-

55,829

932

Included in bank loans above is a Bounce Back loan of £1,589 (31.3.25: £7,514).

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.26

31.3.25

£

£

Within one year

-

5,649

9.	RELATED PARTY DISCLOSURES

The aggregate amount owed by the directors at the balance sheet date is £29,111 (31.3.25: £56,367).

The aggregate amount of interest paid by the directors to the company during the year was £2,678 (31.3.25: £1,457).

The aggregate amount of interest payable to the directors by the company during the year was £690 (31.3.25: £Nil).

The aggregate amount owed by a company under common control at the balance sheet date is £2,097 (31.3.25: £1,152).

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr M Froggatt.