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REGISTERED NUMBER: 11392102 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

UNITED KIDS LTD

UNITED KIDS LTD (REGISTERED NUMBER: 11392102)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 July 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


UNITED KIDS LTD

COMPANY INFORMATION
for the year ended 31 July 2023







DIRECTORS: Mr Z S Padda
Mrs A P Sahota





SECRETARY: Mr I S Sahota





REGISTERED OFFICE: Sunridge, Hanbury Road
Droitwich
Worcestershire
WR9 7DU





REGISTERED NUMBER: 11392102 (England and Wales)





ACCOUNTANTS: Pentlands Accountants and advisors Ltd
Chartered Certified Accountants
and Registered Auditors
3 & 4 Pegasus House
Pegasus Court
Olympus Avenue
Warwick
Warwickshire
CV34 6LW

UNITED KIDS LTD (REGISTERED NUMBER: 11392102)

BALANCE SHEET
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,279 -

CURRENT ASSETS
Debtors 5 25 25
Cash at bank 135,370 151,033
135,395 151,058
CREDITORS
Amounts falling due within one year 6 34,675 48,857
NET CURRENT ASSETS 100,720 102,201
TOTAL ASSETS LESS CURRENT
LIABILITIES

101,999

102,201

CREDITORS
Amounts falling due after more than one
year

7

19,167

29,167
NET ASSETS 82,832 73,034

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 82,732 72,934
SHAREHOLDERS' FUNDS 82,832 73,034

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

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

The directors acknowledge their 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.

UNITED KIDS LTD (REGISTERED NUMBER: 11392102)

BALANCE SHEET - continued
31 July 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 Board of Directors and authorised for issue on 8 February 2024 and were signed on its behalf by:





Mrs A P Sahota - Director


UNITED KIDS LTD (REGISTERED NUMBER: 11392102)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 July 2023


1. STATUTORY INFORMATION

United Kids Ltd 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.
Fixtures and fittings - 25% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 - 20 ) .

UNITED KIDS LTD (REGISTERED NUMBER: 11392102)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 1,705
At 31 July 2023 1,705
DEPRECIATION
Charge for year 426
At 31 July 2023 426
NET BOOK VALUE
At 31 July 2023 1,279

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 25 25

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 478 2,167
Amounts owed to group undertakings - 13,949
Taxation and social security 23,387 21,973
Other creditors 810 768
34,675 48,857

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 19,167 29,167

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 12,600 24,600
Between one and five years 50,400 50,400
In more than five years - 12,600
63,000 87,600

UNITED KIDS LTD (REGISTERED NUMBER: 11392102)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2023


9. ULTIMATE CONTROLLING PARTY

The controlling parties are Gurpreet Padda and Zadvinder Padda