ACCOUNTS - Final Accounts preparation

Analysis of the maturity of loans is given below:

Company registration number: 05246826

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 OCTOBER 2025

	KITCHEN ERGONOMICS LIMITED


KITCHEN ERGONOMICS LIMITED

COMPANY INFORMATION

Directors	A J Ward
	C J Ward


Company secretary	C J Ward


Registered number	05246826


Registered office	Unit E Gateway 1000 Whittle Way
	Arlington Business Park
	Stevenage
	Hertfordshire
	SG1 2FP


Accountants	Menzies LLP
	Chartered Accountants
	Richmond House
	Walkern Road
	Stevenage
	Hertfordshire
	SG1 3QP


KITCHEN ERGONOMICS LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 8


KITCHEN ERGONOMICS LIMITED REGISTERED NUMBER:05246826

STATEMENT OF FINANCIAL POSITION

AS AT 31 OCTOBER 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		101,722		155,659
			101,722		155,659
Current assets
Stocks		160,000		183,000
Debtors: amounts falling due after more than one year	5	58,778		9,111
Debtors: amounts falling due within one year	5	25,134		29,638
		243,912		221,749
Creditors: amounts falling due within one year	6	(272,247)		(218,846)
Net current (liabilities)/assets			(28,335)		2,903
Total assets less current liabilities			73,387		158,562
Creditors: amounts falling due after more than one year	7		(2,227)		(52,371)

Net assets			71,160		106,191

Capital and reserves
Called up share capital	104	104
Profit and loss account	71,056	106,087
	71,160	106,191

Page 1


KITCHEN ERGONOMICS LIMITED REGISTERED NUMBER:05246826

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 OCTOBER 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 August 2026.

................................................

A J Ward

Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2


KITCHEN ERGONOMICS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

1.	General information

Kitchen Ergonomics 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

Page 3


KITCHEN ERGONOMICS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

2.Accounting policies (continued)

2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles	-	20%
Fixtures and fittings	-	20%
Computer equipment	-	20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 4


KITCHEN ERGONOMICS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

2.Accounting policies (continued)

2.6

Financial instruments

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

Employees

The average monthly number of employees, including directors, during the year was 13 (2024 - 13).

4.	Tangible fixed assets

	Motor vehicles	Fixtures and fittings	Computer equipment	Total
	£	£	£	£
Cost or valuation
At 1 November 2024	259,746	78,688	32,926	371,360
Additions	7,116	-	-	7,116
Disposals	(48,750)	-	-	(48,750)
At 31 October 2025	218,112	78,688	32,926	329,726
Depreciation
At 1 November 2024	149,661	44,343	21,697	215,701
Charge for the year on owned assets	20,497	6,869	2,246	29,612
Disposals	(17,309)	-	-	(17,309)
At 31 October 2025	152,849	51,212	23,943	228,004
Net book value
At 31 October 2025	65,263	27,476	8,983	101,722
At 31 October 2024	110,085	34,345	11,229	155,659

Page 5


KITCHEN ERGONOMICS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

5.	Debtors
		2025	2024
		£	£

Due after more than one year
Amounts owed by connected companies	58,778	9,111
	58,778	9,111

					2025	2024
					£	£

Due within one year
Trade debtors	11,295	4,244
Other debtors	4,900	16,431
Prepayments and accrued income	8,939	8,963
	25,134	29,638

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank overdrafts	71,908	13,108
Bank loans	11,234	16,364
Trade creditors	142,643	142,300
Other taxation and social security	20,634	13,967
Obligations under finance lease and hire purchase contracts	15,649	23,765
Other creditors	7,479	6,842
Accruals and deferred income	2,700	2,500
	272,247	218,846

The following liabilities were secured:
	2025	2024
	£	£


Bank loans	11,234	16,364
	11,234	16,364

Details of security provided:

The bank loan and other facilities are secured by a fixed and floating charge over the company's assets.

Page 6


KITCHEN ERGONOMICS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

7.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Bank loans	-	17,727
Net obligations under finance leases and hire purchase contracts	2,227	34,644
	2,227	52,371

The following liabilities were secured:
	2025	2024
	£	£


Bank loans	-	17,727
	-	17,727

Details of security provided:

The bank loan and other facilities are secured by a fixed and floating charge over the company's assets.

Amounts falling due within one year
Bank loans	11,234	16,364
	11,234	16,364
Amounts falling after one year
Bank loans	-	17,727
	-	17,727


	11,234	34,091

Page 7


KITCHEN ERGONOMICS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Within one year	15,649	23,765
Between 1-5 years	2,227	34,644
	17,876	58,409

Not later than 1 year	51,888	60,000
Later than 1 year and not later than 5 years	20,205	41,833
	72,093	101,833

11.	Related party transactions
	At the reporting date the company owed £518 (2024: £1,168 to the directors). This balance can be found within creditors due within one year and no interest is being charged on this loan. At the reporting date, the company was owed £58,778 (2024: £9,111) from related parties. This balance can be found within debtors and no interest is being charged on this loan.

12.	Controlling party

The immediate and ultimate parent undertaking is Kitchen Ergonomics (Stevenage) Limited, a company incorporated in England and Wales. The company's registered office is Richmond House, Walkern Road, Stevenage, Hertfordshire, SG1 3QP.

13.	Financial commitments, guarantees and contingent liabilities

The company has given a cross guarantee dated 9 June 2020 to Barclays Security Trustee Limited, in favour of a related company Kitchen Ergonomics Holdings Limited.

Page 8