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REGISTERED NUMBER: 07731189 (England and Wales)
























KICK & DICKY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023






KICK & DICKY LIMITED (REGISTERED NUMBER: 07731189)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023










Page

Balance Sheet 1

Notes to the Financial Statements 2


KICK & DICKY LIMITED (REGISTERED NUMBER: 07731189)

BALANCE SHEET
30 SEPTEMBER 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Stocks 4 3,485 3,260
Cash at bank and in hand 27,099 33,296
30,584 36,556
CREDITORS
Amounts falling due within one year 5 22,300 70,318
NET CURRENT ASSETS/(LIABILITIES) 8,284 (33,762 )
TOTAL ASSETS LESS CURRENT LIABILITIES 8,284 (33,762 )

CREDITORS
Amounts falling due after more than one
year

6

57,243

24,478
NET LIABILITIES (48,959 ) (58,240 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (49,059 ) (58,340 )
(48,959 ) (58,240 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 February 2024 and were signed on its behalf by:





F E Aspin - Director


KICK & DICKY LIMITED (REGISTERED NUMBER: 07731189)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023


1. STATUTORY INFORMATION

Kick & Dicky Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07731189

Registered office: c/o The De La Pole Arms
Church Road
Wingfield
Diss
Norfolk
IP21 5RA

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.

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 Profit and Loss Account, 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.

Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

KICK & DICKY LIMITED (REGISTERED NUMBER: 07731189)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 9 ) .

4. STOCKS
2023 2022
£    £   
Stocks 3,485 3,260

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,251 8,000
Trade creditors - 4,097
Social security and other taxes - 2,341
VAT 2,049 -
Other creditors - 55,880
Directors' current accounts 10,000 -
22,300 70,318

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans - 1-2 years 16,813 24,478
Other creditors 40,430 -
57,243 24,478

7. RELATED PARTY DISCLOSURES

During the year, Mr and Mrs Aspin (Directors) loaned the company money with no set repayment date. At the year end the amount due from the company to the directors was £50,430 (2022: £55,180).

8. ULTIMATE CONTROLLING PARTY

Mr Aspin and Mrs Aspin, both directors, control the company with a 50% equal shareholding of the issued share capital. The directors recognise that the company has an insolvent balance sheet and confirm that they will support the company personally until it is in a solvent position again.