KJA Trading Limited iXBRL

KJA Trading Limited

UNAUDITED FINANCIAL STATEMENTS

for the financial year ended 31 January 2026

KJA TRADING LIMITED

DIRECTORS AND OTHER INFORMATION


Directors	Kerry Parkhill-Atkinson
	Jeffrey Atkinson


Company Registration Number	11167612


Registered Office	26a Post House Wynd
	Darlington
	Durham
	DL3 7LP
	England


Accountants	Styles & Associates Limited
	BERKELEY HOUSE
	AMERY STREET
	GU341HN
	United Kingdom

KJA TRADING LIMITED

Company Registration Number: 11167612

BALANCE SHEET

as at 31 January 2026

		2026	2025
	Notes	£	£

Fixed Assets

Intangible assets

1,819

2,546

Tangible assets

3,624

4,530

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Fixed Assets

5,443

7,076

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Current Assets

Stocks

1,777

1,836

Debtors

44,013

41,897

Cash and cash equivalents

4,333

17,595

─────────

50,123

61,328

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Creditors: amounts falling due within one year

(46,399)

(53,258)

─────────

Net Current Assets

3,724

8,070

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Total Assets less Current Liabilities

9,167

15,146

Creditors:

amounts falling due after more than one year

(22,216)

(29,134)

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Net Liabilities

(13,049)

(13,988)

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Capital and Reserves

Called up share capital

Retained earnings

(13,050)

(13,989)

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Equity attributable to owners of the company

(13,049)

(13,988)

═════════

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 company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Directors' Report.

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

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 23 September 2026 and signed on its behalf by



________________________________
Jeffrey Atkinson
Director

KJA TRADING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2026

GENERAL INFORMATION

KJA Trading Limited is a private company, limited by shares, registered in England and Wales. The company's registered office address can be found on the Company Information page.

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

Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 January 2026 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Intangible assets

Franchise Fee

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Franchise Costs are being amortised evenly over their estimated useful life of five years.

Tangible assets and depreciation

Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:

Fixtures, fittings and equipment

20% Straight line

Computer Equipment

33.33% Straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Leasing

Rentals payable under operating leases are dealt with in the Profit and Loss Account as incurred over the period of the rental agreement.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Employee 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.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

SIGNIFICANT ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

In preparing the financial statements in accordance with FRS 102, management is required to make judgements, estimates, and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income, and expenses. Actual results may differ from these estimates.

Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision ffects both current and future periods.

GOING CONCERN

The company meets its day to day working capital requirements through group funding and Mascolo Limited, who also provide ongoing support for the company in the form of extended supplier credits. The directors consider that it is appropriate to prepare the financial statements on a going concern basis as they expect the company to be able to continue to trade within the facilities made available.

EMPLOYEES

The average monthly number of employees, including directors, during the financial year was 8, (2025 - 8).

2026

2025

Number

Number

Employees including directors

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6.	INTANGIBLE ASSETS
		Franchise
		Fee	Total
		£	£
	Cost
	At 1 February 2025	4,000	4,000
		─────────	─────────

	At 31 January 2026	4,000	4,000
		─────────	─────────
	Amortisation
	At 1 February 2025	1,454	1,454
	Charge for financial year	727	727
		─────────	─────────
	At 31 January 2026	2,181	2,181
		─────────	─────────
	Net book value
	At 31 January 2026	1,819	1,819
		═════════	═════════
	At 31 January 2025	2,546	2,546
		═════════	═════════


7.	TANGIBLE ASSETS
		Fixtures,	Computer	Total
		fittings and	Equipment
		equipment
		£	£	£
	Cost
	At 1 February 2025	9,753	895	10,648
		─────────	─────────	─────────

	At 31 January 2026	9,753	895	10,648
		─────────	─────────	─────────
	Depreciation
	At 1 February 2025	5,223	895	6,118
	Charge for the financial year	906	-	906
		─────────	─────────	─────────
	At 31 January 2026	6,129	895	7,024
		─────────	─────────	─────────
	Net book value
	At 31 January 2026	3,624	-	3,624
		═════════	═════════	═════════
	At 31 January 2025	4,530	-	4,530
		═════════	═════════	═════════


8.	STOCKS	2026	2025
		£	£

	Finished goods and goods for resale	1,777	1,836
		═════════	═════════

	The replacement cost of stock did not differ significantly from the figures shown.


9.	DEBTORS	2026	2025
		£	£

	Other debtors	5,253	4,500
	Directors' current accounts	28,353	27,687
	Taxation	9,596	9,372
	Prepayments and accrued income	811	338
		─────────	─────────
		44,013	41,897
		═════════	═════════


10.	CREDITORS	2026	2025
	Amounts falling due within one year	£	£

	Bank overdrafts	1,912	-
	Bank loan	4,168	4,168
	Wella Loan	3,000	3,000
	Trade creditors	(6,767)	3,607
	Taxation	13,410	11,767
	Directors' current accounts	4,640	4,328
	Other creditors	936	(695)
	Accruals	25,100	27,083
		─────────	─────────
		46,399	53,258
		═════════	═════════


11.	CREDITORS	2026	2025
	Amounts falling due after more than one year	£	£

	Bank loan	13,466	17,634
	Other loans	8,750	11,500
		─────────	─────────
		22,216	29,134
		═════════	═════════

	Loans
	Repayable in one year or less, or on demand (Note 10)	9,080	7,168
	Repayable between one and two years	4,168	4,168
	Repayable between two and five years	9,298	12,504
	Repayable in five years or more	-	962
		─────────	─────────
		22,546	24,802
		═════════	═════════

12.

CONTROLLING INTEREST

There is no ultimate controlling party.


13.	SHARE CAPITAL

	Allotted, issued and fully paid:

		2026	2025
		£	£

	2 £0.50 Ordinary Shares	1	1
		═════════	═════════

14.

DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2026 and 31 January 2025:

K Parkhill-Atkinson

2026

2025

Balance outstanding at start of year

27,687

24,083

Amounts advanced

978

3,915

Amounts repaid

(312)

(312)

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28,353

27,686

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At the year end, the directors owed the company £23,713 (2025: £23,358).