Pikkle Ltd - Accounts

Registered Number: 14628389 Pikkle Ltd
Statement of Financial Position
As at 31 January 2026

	Notes	2026 £	2025 £
Fixed assets
Intangible fixed assets	3	18,567	-
Tangible fixed assets	4	25,631	6,840
		44,198	6,840
Current assets
Debtors	5	30,471	3,762
Cash at bank and in hand		82,072	24,679
		112,543	28,441
Creditors: amount falling due within one year	6	(39,783)	(18,106)
Net current assets		72,760	10,335

Total assets less current liabilities		116,958	17,175
Accruals and deferred income		(50,051)	-
Net assets		66,907	17,175

Capital and reserves
Called up share capital	7	100	100
Profit and loss account		66,807	17,075
Shareholders' funds		66,907	17,175

For the year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 03 September 2026 and were signed on its behalf by:

-------------------------------
Hamish Edward Marshall WATKINS
Director

Pikkle Ltd
Notes to the Financial Statements
For the year ended 31 January 2026

General Information

Pikkle Ltd is a private company, limited by shares, registered in England and Wales, registration number 14628389, registration address 4 Tintern Street, Cardiff, CF5 1NF.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

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

Turnover

Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods supplied or services rendered, net of returns, discounts and rebates allowed by the group and value added taxes.

The company recognises revenue when (a) the significant risks and rewards of ownership have been transferred to the buyer, (b) the company retains no continuing involvement or control over the goods. (c) the amount of revenue can be measured reliably, (d) it is probable that future economic benefits will flow to the entity.

The company provides catering services for corporate clients, revenue is recognised once the obligation to provide the service has been satisfied. Revenue for the cafe is recognised at the point of sale.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Contract Assets
Contract assets are stated at cost less amortisation. Amortisation of contract assets is calculated on a straight line basis over the life of the contract.

Software License
Software License is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the Software License of 3 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Leasehold Improvement	3 Years Straight Line
Plant and Machinery	5 Years Straight Line
Motor Vehicles	7 Years Straight Line
Computer Equipment	3 Years Straight Line

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

2.	Average number of employees Average number of employees during the year was 4 (2025 : 2).

Intangible fixed assets

Cost	Other	Total
	£	£
At 01 February 2025	-	-
Additions	20,602	20,602
Disposals	-	-
At 31 January 2026	20,602	20,602
Amortisation
At 01 February 2025	-	-
Charge for year	2,035	2,035
On disposals	-	-
At 31 January 2026	2,035	2,035
Net book values
At 31 January 2026	18,567	18,567
At 31 January 2025	-	-

Tangible fixed assets

Cost or valuation	Leasehold Improvement	Plant and Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£	£
At 01 February 2025	-	6,840	-	-	6,840
Additions	5,328	3,790	12,999	700	22,817
Disposals	-	-	-	-	-
At 31 January 2026	5,328	10,630	12,999	700	29,657
Depreciation
At 01 February 2025	-	-	-	-	-
Charge for year	1,429	1,633	929	35	4,026
On disposals	-	-	-	-	-
At 31 January 2026	1,429	1,633	929	35	4,026
Net book values
Closing balance as at 31 January 2026	3,899	8,997	12,070	665	25,631
Opening balance as at 01 February 2025	-	6,840	-	-	6,840

Debtors: amounts falling due within one year

	2026 £	2025 £
Trade Debtors	27,237	1,724
Prepayments & Accrued Income	3,234	-
Taxation & Social Security	-	2,038
	30,471	3,762

Creditors: amount falling due within one year

	2026 £	2025 £
Trade Creditors	-	979
Bank Loans & Overdrafts	8,856	10,000
Corporation Tax	6,238	3,963
Taxation & Social Security	19,041	-
Accrued Expenses	5,648	1,200
Wages & Salaries Control Account	-	1,964
	39,783	18,106

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
100 Class A shares of £1.00 each	100		100
	100		100

Registered Number: 14628389
England and Wales
Unaudited Financial Statements

for the year ended 31 January 2026
for
PIKKLE LTD