Kamma Limited - Filleted accounts

Registered number

09546202

Kamma Limited

Report and Unaudited Accounts

31 March 2026

Kamma Limited
Registered number:		09546202
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		10,978			17,491

Current assets
Debtors	4	542,004			162,928
Cash at bank and in hand		689,501			1,536,131
		1,231,505			1,699,059

Creditors: amounts falling due within one year	5	(585,356)			(308,788)

Net current assets			646,149			1,390,271

Total assets less current liabilities			657,127			1,407,762

Creditors: amounts falling due after more than one year	6		-			(1,289)



Net assets			657,127			1,406,473

Capital and reserves
Called up share capital			6			6
Share premium			5,745,078			5,745,078
Profit and loss account			(5,087,957)			(4,338,611)

Shareholders' funds			657,127			1,406,473

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




O Shields
Director
Approved by the board on 30 September 2026

Kamma Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Going concern
	The accounts have been prepared on a going-concern basis.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Bicycles			Straight Line 25%
	Computer equipment			Straight Line 25%

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					21		23


3	Tangible fixed assets
				Computer Equipment		Bicycles		Total
£					£		£
	Cost
	At 1 April 2025			80,117		9,234		89,351
	Additions			1,616		2,125		3,741
	At 31 March 2026			81,733		11,359		93,092

	Depreciation
	At 1 April 2025			62,913		8,947		71,860
	Charge for the year			9,525		729		10,254
	At 31 March 2026			72,438		9,676		82,114

	Net book value
	At 31 March 2026			9,295		1,683		10,978
	At 31 March 2025			17,204		287		17,491


4	Debtors					2026		2025
£							£

	Trade debtors					515,636		130,388
	Other debtors					26,368		32,540
						542,004		162,928


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					1,403		8,532
	Trade creditors					50,798		84,658
	Taxation and social security costs					95,249		83,471
	Other creditors					437,906		132,127
						585,356		308,788


6	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					-		1,289


7	Share capital	2026		2026		2025		2025
Number			£		Number		£

	Ordinary Shares of £0.00001 each	128,863		1.29		128,863		1.29
	Deferred Shares of £0.00001 each	18,750		0.19		18,750		0.19
	Seed A Shares of £0.00001 each	78,736		0.79		78,736		0.79
	Seed B Shares of £0.00001 each	41,527		0.42		41,527		0.42
	Series A Shares of £0.00001 each	199,660		2.00		199,660		2.00
	Growth Shares of £0.00001 each	107,529		1.08		107,529		1.08


		575,065		5.75		575,065		5.75


8	Events after the reporting date
	On 6 May 2026, the Company entered into an innovation loan agreement with Innovate UK Loans Limited for a term loan facility of up to £1,121,484, drawable in tranches at a fixed interest rate of 7.4% per annum. Of this, £410,098 had been drawn at the date these financial statements were prepared. No liability in respect of this facility has been recognised at 31 March 2026 as the agreement was entered into after the balance sheet date.



9	Other information

	Kamma Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Regus Ludgate House
	107-111 Fleet St
	London
	EC4A 2AB