Company Registration No. 05742766 (England and Wales)
Cotton Candy Kids Ltd
Unaudited accounts
for the year ended 31 March 2023
Cotton Candy Kids Ltd
Unaudited accounts
Contents
Cotton Candy Kids Ltd
Company Information
for the year ended 31 March 2023
Company Number
05742766 (England and Wales)
Registered Office
18 Hanover Square
Bradford
West Yorkshire
BD1 3BY
England
Cotton Candy Kids Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
25,975
33,250
Inventories
405,592
415,819
Cash at bank and in hand
25,416
21,684
Creditors: amounts falling due within one year
(214,206)
(183,375)
Net current assets
232,041
265,773
Total assets less current liabilities
258,016
299,023
Creditors: amounts falling due after more than one year
(245,832)
(307,192)
Net assets/(liabilities)
12,184
(8,169)
Called up share capital
2
2
Profit and loss account
12,182
(8,171)
Shareholders' funds
12,184
(8,169)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 April 2023 and were signed on its behalf by
Ondrej Copak
Director
Company Registration No. 05742766
Cotton Candy Kids Ltd
Notes to the Accounts
for the year ended 31 March 2023
Cotton Candy Kids Ltd is a private company, limited by shares, registered in England and Wales, registration number 05742766. The registered office is 18 Hanover Square, , Bradford, West Yorkshire, BD1 3BY, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
12,300
19,000
15,000
46,300
At 31 March 2023
12,300
19,000
15,000
46,300
At 1 April 2022
2,050
9,500
1,500
13,050
Charge for the year
1,025
4,750
1,500
7,275
At 31 March 2023
3,075
14,250
3,000
20,325
At 31 March 2023
9,225
4,750
12,000
25,975
At 31 March 2022
10,250
9,500
13,500
33,250
Amounts falling due within one year
Trade debtors
15,239
11,645
Cotton Candy Kids Ltd
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
80,381
78,937
Other creditors
133,825
104,438
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
245,832
307,192
8
Average number of employees
During the year the average number of employees was 7 (2022: 0).