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REGISTERED NUMBER: 04332668 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

Kids Industries (UK) Limited

Kids Industries (UK) Limited (Registered number: 04332668)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Kids Industries (UK) Limited

Company Information
for the Year Ended 31 January 2023







DIRECTOR: G S Pope





SECRETARY: Ms J G Blows





REGISTERED OFFICE: 28a Cole Street
London
SE1 4YH





REGISTERED NUMBER: 04332668 (England and Wales)





ACCOUNTANT: PR Hartley
PO Box 27075
London
N2 0FZ

Kids Industries (UK) Limited (Registered number: 04332668)

Balance Sheet
31 January 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 18,859 12,657

CURRENT ASSETS
Debtors 5 602,695 353,023
Cash at bank 682,285 652,926
1,284,980 1,005,949
CREDITORS
Amounts falling due within one year 6 1,089,144 862,095
NET CURRENT ASSETS 195,836 143,854
TOTAL ASSETS LESS CURRENT
LIABILITIES

214,695

156,511

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 214,595 156,411
SHAREHOLDERS' FUNDS 214,695 156,511

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

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.

Kids Industries (UK) Limited (Registered number: 04332668)

Balance Sheet - continued
31 January 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 20 October 2023 and were signed by:





Ms J G Blows - Director


Kids Industries (UK) Limited (Registered number: 04332668)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Kids Industries (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Pension costs and other post-retirement 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2022 - 14 ) .

Kids Industries (UK) Limited (Registered number: 04332668)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 February 2022 77,864 11,878 89,742
Additions 14,864 - 14,864
At 31 January 2023 92,728 11,878 104,606
DEPRECIATION
At 1 February 2022 66,024 11,061 77,085
Charge for year 7,845 - 7,845
Reclassification/transfer - 817 817
At 31 January 2023 73,869 11,878 85,747
NET BOOK VALUE
At 31 January 2023 18,859 - 18,859
At 31 January 2022 11,840 817 12,657

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 371,916 330,609
Bad debt provision 13,200 -
Accrued income 135,345 -
Staff Loans 1,989 402
Bad debt 20,155 -
Directors' current accounts 1,000 -
Prepayments and accrued income 59,090 8,812
Rent Deposit - 13,200
602,695 353,023

Kids Industries (UK) Limited (Registered number: 04332668)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 7) 271,665 335,000
Trade creditors 174,272 81,988
Tax 6,418 -
Social security and other taxes 27,197 28,213
VAT 23,686 51,725
Other creditors 11,839 9,402
Directors' current accounts - 40,000
Accruals and deferred income 234,567 179,849
Accrued expenses 339,500 135,918
1,089,144 862,095

7. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 271,665 335,000

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100