Company Registration No. 11566386 (England and Wales)
Kitaki Ltd
Unaudited accounts
for the year ended 28 February 2026
Kitaki Ltd
Statement of financial position
as at 28 February 2026
Tangible assets
5,443
6,832
Cash at bank and in hand
1,686
26,392
Creditors: amounts falling due within one year
(24,386)
(24,446)
Net current (liabilities)/assets
(21,319)
4,187
Total assets less current liabilities
(15,876)
11,227
Provisions for liabilities
Deferred tax
(1,361)
(1,041)
Net (liabilities)/assets
(17,237)
10,186
Called up share capital
100
100
Profit and loss account
(17,337)
10,086
Shareholders' funds
(17,237)
10,186
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 her 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 27 October 2026 and were signed on its behalf by
Mrs K Haynes
Director
Company Registration No. 11566386
Kitaki Ltd
Notes to the Accounts
for the year ended 28 February 2026
Kitaki Ltd is a private company, limited by shares, registered in England and Wales, registration number 11566386. The registered office is The Pavilion, Kingfisher Way, Huntingdon, Cambridgeshire, PE29 6FN.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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
Computer equipment
33% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Kitaki Ltd
Notes to the Accounts
for the year ended 28 February 2026
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
At the end of the accounting period, the company was insolvent with net liabilities of £17,237. The accounts have been prepared on a going concern basis due to the continuing support of the director.
4
Intangible fixed assets
Other
At 28 February 2026
10,525
At 28 February 2026
10,525
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2025
11,285
8,515
19,800
At 28 February 2026
11,285
10,361
21,646
At 1 March 2025
7,432
5,536
12,968
Charge for the year
1,572
1,663
3,235
At 28 February 2026
9,004
7,199
16,203
At 28 February 2026
2,281
3,162
5,443
At 28 February 2025
3,853
2,979
6,832
Amounts falling due within one year
Kitaki Ltd
Notes to the Accounts
for the year ended 28 February 2026
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
193
-
Taxes and social security
180
178
Other creditors
23,737
23,878
8
Average number of employees
During the year the average number of employees was 1 (2025: 1).