Company registration number:
04732052
Kids Korner (Kent) Limited
Unaudited filleted financial statements
31 March 2023
Kids Korner (Kent) Limited
Contents
Statement of financial position and notes to the financial statements
Kids Korner (Kent) Limited
Statement of financial position
31 March 2023
|
|
|
2023 |
|
|
2022 |
|
|
|
|
£ |
£ |
|
£ |
£ |
|
|
|
|
|
|
|
|
Fixed assets |
|
|
|
326 |
|
|
27 |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
Current assets |
|
|
122,554 |
|
|
87,593 |
|
Prepayments and accrued income |
|
|
3,000 |
|
|
3,000 |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
125,554 |
|
|
90,593 |
|
|
|
|
|
|
|
|
Creditors: amounts falling due within one year |
|
|
|
(
62,467) |
|
|
(
35,970) |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
Net current assets |
|
|
|
63,087 |
|
|
54,623 |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
Total assets less current liabilities |
|
|
|
63,413 |
|
|
54,650 |
|
|
|
|
|
|
|
|
Accruals and deferred income |
|
|
|
(
6,134) |
|
|
(
6,080) |
|
|
|
|
|
|
|
|
|
|
|
|
_______ |
|
|
_______ |
Net assets |
|
|
|
57,279 |
|
|
48,570 |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
Capital and reserves |
|
|
|
57,279 |
|
|
48,570 |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
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|
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Notes to the financial statements
Kids Korner (Kent) Limited
Year ended 31 March 2023
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
3
(2022:
3
).
2.
Stocks
|
|
|
2023 |
2022 |
|
|
|
£ |
£ |
|
Finished goods and goods for resale |
|
118,535 |
84,266 |
|
|
|
_______ |
_______ |
|
|
|
|
|
The 2023 closing stock position is higher than normal due to usual spring/summer purchases that would have been made in May 2023 being brought forward to March 2023. This was due to an anticipated change in staff operational capabilities in spring/summer of 2023.
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
18 December 2022
, and are signed on behalf of the board by:
Mr Melvin Smedley
Director
Company registration number:
04732052
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 98 Mortimer Street, Herne Bay, Kent, CT6 5EB.