REGISTERED NUMBER: 08001563 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Konnetix Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Billinghurst

Mrs R Billinghurst

REGISTERED OFFICE:

Trust House Trust Industrial Estate

Wilbury Way

Hitchin

Hertfordshire

SG4 0UZ

REGISTERED NUMBER:

08001563 (England and Wales)

FIXED ASSETS

Tangible assets

4

22,617

25,850

CURRENT ASSETS

Stocks

5,000

5,000

Debtors

5

89,118

60,059

Cash at bank

91,905

163,367

186,023

228,426

CREDITORS

Amounts falling due within one year

6

125,915

131,829

NET CURRENT ASSETS

60,108

96,597

TOTAL ASSETS LESS CURRENT LIABILITIES

82,725

122,447

CREDITORS

Amounts falling due after more than one year

7

(10,569

)

(10,616

)

PROVISIONS FOR LIABILITIES

(5,608

)

(4,877

)

NET ASSETS

66,548

106,954

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

66,448

106,854

66,548

106,954

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 Statement of Profit and Loss has not been delivered.

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

D Billinghurst - Director

1.	STATUTORY INFORMATION

Konnetix 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.

These financial statements have been prepared using the historical cost convention

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102

Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and

Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small

companies' regime).

Judgements

The preparation of the financial statements requires management to make judgements, estimates and

assumptions that affect the amounts reported. These estimates and judgements are continually reviewed

and are based on experience and other factors, including expectations of future events that are believed

to be reasonable under the circumstances.

Revenue recognition

The company recognises revenue when:

The amount of revenue can be reliably measured;

it is probable that future economic benefits will flow to the entity;

and specific criteria have been met for each of the company's activities.

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.

Long leasehold

-

10% on cost

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% 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 Statement of Profit and Loss, 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.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits,

Trade debtors

Trade debtors are amounts due from customers for merchandise sold in the ordinary course of business.

Trade debtors are recognised initially at the transaction price.

Trade creditors

Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or

other resources received or receivable, net of the direct costs of issuing the equity instruments. If

payment is deferred and the time value of money is material, the initial measurement is on a present

value basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2025 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

leasehold

machinery

fittings

Totals

£

£

£

£

COST

At 1 April 2025

9,480

6,901

41,143

57,524

Additions

940

-

4,755

5,695

At 31 March 2026

10,420

6,901

45,898

63,219

DEPRECIATION

At 1 April 2025

2,287

6,901

22,486

31,674

Charge for year

995

-

7,933

8,928

At 31 March 2026

3,282

6,901

30,419

40,602

NET BOOK VALUE

At 31 March 2026

7,138

-

15,479

22,617

At 31 March 2025

7,193

-

18,657

25,850

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

37,043

28,299

Other debtors

52,075

31,760

89,118

60,059

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

2,500

10,000

Trade creditors

14,793

7,063

Taxation and social security

34,620

48,745

Other creditors

74,002

66,021

125,915

131,829

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

2,500

Other creditors

10,569

8,116

10,569

10,616

8.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £3 to (2025: £725) D Billinghurst and R Billinghurst. There are no terms of repayment or interest charged on this loan.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is D Billinghurst.