Company Registration No. 09455123 (England and Wales)
Kraken Consulting Limited
Unaudited accounts
for the year ended 28 February 2026
Kraken Consulting Limited
Unaudited accounts
Contents
Kraken Consulting Limited
Company Information
for the year ended 28 February 2026
Company Number
09455123 (England and Wales)
Registered Office
8 Bunting Close
Newton Abbot
Devon
TQ12 6BU
Accountants
Mrs Catherine Flannery, FMAAT, FCCA, BSc (Hons)
South Devon Accounting Ltd
6 Orchard Close
Ogwell
Newton Abbot
TQ12 6AL
Kraken Consulting Limited
Statement of financial position
as at 28 February 2026
Tangible assets
67,621
62,412
Cash at bank and in hand
126,214
102,524
Creditors: amounts falling due within one year
(104,726)
(49,064)
Net current assets
125,960
146,956
Total assets less current liabilities
193,581
209,368
Creditors: amounts falling due after more than one year
(14,025)
(17,325)
Provisions for liabilities
Deferred tax
(12,847)
(11,858)
Net assets
166,709
180,185
Called up share capital
100
100
Profit and loss account
166,609
180,085
Shareholders' funds
166,709
180,185
For the year ending 28 February 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 director acknowledges his 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 and authorised for issue on 24 October 2026 and were signed on its behalf by
Mr Darren Scully
Director
Company Registration No. 09455123
Kraken Consulting Limited
Notes to the Accounts
for the year ended 28 February 2026
Kraken Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 09455123. The registered office is 8 Bunting Close, Newton Abbot, Devon, TQ12 6BU.
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.
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
25% Reducing Balance Basis
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% Straight Line
Computer equipment
33.33% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 March 2025
47,414
42,990
7,837
24,984
123,225
Additions
8,454
16,038
1,072
1,375
26,939
At 28 February 2026
55,868
59,028
8,909
26,359
150,164
At 1 March 2025
22,305
8,597
7,795
22,116
60,813
Charge for the year
8,391
10,086
256
2,997
21,730
At 28 February 2026
30,696
18,683
8,051
25,113
82,543
At 28 February 2026
25,172
40,345
858
1,246
67,621
At 28 February 2025
25,109
34,393
42
2,868
62,412
Kraken Consulting Limited
Notes to the Accounts
for the year ended 28 February 2026
Amounts falling due within one year
Trade debtors
56,202
47,389
Other debtors
48,270
46,107
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
3,300
3,300
Taxes and social security
4,430
7,191
7
Creditors: amounts falling due after more than one year
2026
2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to Director
44,006
46,413
44,006
46,413
44,006
46,413
44,006
46,413
The company made a loan of £46,413 (2025: £44,006) to the director. Interest of £1,857 (2025: £1,100) was charged on the loan at a rate of 4%. The loan is unsecured and repayable on demand.
9
Average number of employees
During the year the average number of employees was 1 (2025: 1).