Kiki Limited - Accounts to registrar (filleted) - small 18.2
Kiki Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements For The Year Ended 31st July 2018 |
| for |
| Kiki Limited |
| Kiki Limited (Registered number: 03808120) |
| Contents of the Financial Statements |
| For The Year Ended 31st July 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Kiki Limited |
| Company Information |
| For The Year Ended 31st July 2018 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| The Union Building |
| 51-59 Rose Lane |
| Norwich |
| Norfolk |
| NR1 1BY |
| Kiki Limited (Registered number: 03808120) |
| Balance Sheet |
| 31st July 2018 |
| 31/7/18 | 31/7/17 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks | 6 |
| Debtors | 7 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
9 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director on |
| Kiki Limited (Registered number: 03808120) |
| Notes to the Financial Statements |
| For The Year Ended 31st July 2018 |
| 1. | STATUTORY INFORMATION |
| Kiki Limited is a |
| number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Intangible assets |
| 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. |
| Website |
| The Website is amortised over its expected useful life of 10 years. |
| Tangible fixed assets |
| Improvements to property | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and |
| slow moving items. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
| the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
| substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
| those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws |
| that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal |
| of the timing difference. |
| 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. |
| Going concern |
| These financial statements have been prepared on the going concern basis. The Director consider this basis to |
| be appropriate but has not assessed a period in excess of 12 months from the date of approving the accounts. |
| Kiki Limited (Registered number: 03808120) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31st July 2018 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Development |
| costs | Website | Totals |
| £ | £ | £ |
| COST |
| At 1st August 2017 |
| Additions |
| At 31st July 2018 |
| AMORTISATION |
| At 1st August 2017 |
| Amortisation for year |
| At 31st July 2018 |
| NET BOOK VALUE |
| At 31st July 2018 |
| At 31st July 2017 |
| 5. | TANGIBLE FIXED ASSETS |
| Improvements | Fixtures |
| to | Plant and | and |
| property | machinery | fittings |
| £ | £ | £ |
| COST |
| At 1st August 2017 |
| At 31st July 2018 |
| DEPRECIATION |
| At 1st August 2017 |
| Charge for year |
| At 31st July 2018 |
| NET BOOK VALUE |
| At 31st July 2018 |
| At 31st July 2017 |
| Kiki Limited (Registered number: 03808120) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31st July 2018 |
| 5. | TANGIBLE FIXED ASSETS - continued |
| Motor | Computer |
| vehicles | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1st August 2017 |
| Additions |
| At 31st July 2018 |
| DEPRECIATION |
| At 1st August 2017 |
| Charge for year |
| At 31st July 2018 |
| NET BOOK VALUE |
| At 31st July 2018 |
| At 31st July 2017 |
| 6. | STOCKS |
| 31/7/18 | 31/7/17 |
| £ | £ |
| Stocks |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/7/18 | 31/7/17 |
| £ | £ |
| Trade debtors |
| The fresh network | 47,524 | 47,524 |
| Vitalia Health Distribution |
| Other debtors | 275,743 | 275,743 |
| Kiki distribution ltd | 147,645 | 142,708 |
| VAT |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/7/18 | 31/7/17 |
| £ | £ |
| Trade creditors |
| Tax |
| Social security and other taxes |
| Other creditors |
| Accrued expenses |
| 9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31/7/18 | 31/7/17 |
| £ | £ |
| Bank loans - 2-5 years |
| Directors' loan accounts | 128,101 | 183,590 |
| Kiki Limited (Registered number: 03808120) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31st July 2018 |
| 10. | RELATED PARTY DISCLOSURES |
| In the period under review the Director Mr C Kikis was also the Director of Kiki Distribution Ltd, The Fresh |
| Network Ltd and Vitalia Health Distributions Ltd. |
| At the Balance sheet date Kiki Distribution Ltd owed Kiki Limited £147,645 (2017: £142,708). This is included |
| within Kiki Distribution ltd on the Balance sheet. |
| Kiki Distribution Ltd sold goods to Kiki Limited in the period under review amounting to £585,012 (2017: |
| £355,189). At the Balance sheet date £258,687 was outstanding and included within Trade creditors. |
| At the Balance sheet date The Fresh Network Ltd owed Kiki Limited £47,524 (2017: £47,024). This is included |
| within The fresh network on the Balance sheet. |
| At the Balance sheet date Vitalia Health Distributions Ltd owed Kiki Limited £34,714 (2017: £34,714). This is |
| included within Vitalia Health Distribution on the Balance sheet. |
| 11. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party for this year and the preceding year is the director Mr C Kikis by way of his share |
| holdings. |