Company Registration No. 07715335 (England and Wales)
Koiton Ltd
Unaudited accounts
for the year ended 31 March 2026
Koiton Ltd
Company Information
for the year ended 31 March 2026
Directors
Kyoko Kato
Fred Wheeler
Company Number
07715335 (England and Wales)
Registered Office
11 MILESTONE ROAD
CRYSTAL PALACE
London
SE19 2LL
Accountants
Solid Ltd
Eagle House
163 City Road
London
EC1V 1NR
Koiton Ltd
Statement of financial position
as at 31 March 2026
Tangible assets
12,965
18,824
Cash at bank and in hand
40,145
31,991
Creditors: amounts falling due within one year
(47,971)
(16,932)
Net current assets
169
23,255
Called up share capital
100
100
Profit and loss account
13,034
41,979
Shareholders' funds
13,134
42,079
For the 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. 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2026 and were signed on its behalf by
Fred Wheeler
Director
Company Registration No. 07715335
Koiton Ltd
Notes to the Accounts
for the year ended 31 March 2026
Koiton Ltd is a private company, limited by shares, registered in England and Wales, registration number 07715335. The registered office is 11 MILESTONE ROAD , CRYSTAL PALACE, London, SE19 2LL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Straight line over 5 years
Fixtures & fittings
Straight line over 5 years
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Cash and cash equivalents
Cash and cash equivalents are basic financial instruments 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 current liabilities.
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
Koiton Ltd
Notes to the Accounts
for the year ended 31 March 2026
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2025
12,872
13,014
7,927
33,813
At 31 March 2026
12,872
13,014
7,927
33,813
At 1 April 2025
6,952
3,915
4,122
14,989
Charge for the year
2,011
2,265
1,583
5,859
At 31 March 2026
8,963
6,180
5,705
20,848
At 31 March 2026
3,909
6,834
2,222
12,965
At 31 March 2025
5,920
9,099
3,805
18,824
Amounts falling due within one year
Accrued income and prepayments
390
2,833
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
8,472
9,108
Loans from directors
38,772
52
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 2 (2025: 2).