KINASH (K1) LIMITED - Filleted accounts

Registered number

15396464

KINASH (K1) LIMITED

Filleted Accounts

31 January 2026

KINASH (K1) LIMITED
Registered number:		15396464
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		875,365			305,454

Current assets
Cash at bank and in hand		24,740			138,579

Creditors: amounts falling due within one year	4	(5,842)			-

Net current assets			18,898			138,579

Total assets less current liabilities			894,263			444,033

Creditors: amounts falling due after more than one year	5		(881,258)			(443,933)



Net assets			13,005			100

Capital and reserves
Called up share capital			100			100
Profit and loss account			12,905			-

Shareholder's funds			13,005			100

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.




Ihor Kinash
Director
Approved by the board on 31 August 2026

KINASH (K1) LIMITED
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	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 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.

	Investment properties
	Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market value prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	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.

2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		0		0


3	Tangible fixed assets
					Investment property
£
	Cost
	At 1 February 2025				305,454
	Additions				569,911
	At 31 January 2026				875,365

	Depreciation
	At 31 January 2026				-

	Net book value
	At 31 January 2026				875,365
	At 31 January 2025				305,454


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

	Trade creditors		460		-
	Taxation and social security costs		3,632		-
	Other creditors		1,750		-
			5,842		-



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

	Bank loans		378,942		109,980
	Amounts owned to director		502,316		333,953
			881,258		443,933


6	Other information

	KINASH (K1) LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	61 Ash Road
	Sutton
	SM3 9LA