Company Registration No. 05853117 (England and Wales)
Kidz 'R' Us Limited
Unaudited accounts
for the year ended 30 June 2024
Kidz 'R' Us Limited
Unaudited accounts
Contents
Kidz 'R' Us Limited
Company Information
for the year ended 30 June 2024
Directors
Diane Dann
Cal Evans
Lyndsey Hoyle
Company Number
05853117 (England and Wales)
Registered Office
PARK PLACE CHAPEL
GEORGETOWN TREDEGAR
BLAENAU GWENT
NP22 4LD
Accountants
Evans Entwistle
Venta House
Maes-glas
Newport
NP20 2NS
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Kidz 'R' Us Limited
for the year ended 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Kidz 'R' Us Limited for the year ended 30 June 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle
Member in Practice
Venta House
Maes-glas
Newport
NP20 2NS
30 July 2024
Kidz 'R' Us Limited
Statement of financial position
as at 30 June 2024
Tangible assets
22,412
22,412
Cash at bank and in hand
949
1,348
Creditors: amounts falling due within one year
(2,595)
(2,770)
Net current (liabilities)/assets
(659)
1,591
Total assets less current liabilities
21,753
24,003
Creditors: amounts falling due after more than one year
(17,334)
(18,135)
Called up share capital
3
3
Profit and loss account
4,416
5,865
Shareholders' funds
4,419
5,868
For the year ending 30 June 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 30 July 2024 and were signed on its behalf by
Diane Dann
Director
Company Registration No. 05853117
Kidz 'R' Us Limited
Notes to the Accounts
for the year ended 30 June 2024
Kidz 'R' Us Limited is a private company, limited by shares, registered in England and Wales, registration number 05853117. The registered office is PARK PLACE CHAPEL, GEORGETOWN TREDEGAR, BLAENAU GWENT, NP22 4LD.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Land & buildings
No depreciation is charged
4
Tangible fixed assets
Land & buildings
Kidz 'R' Us Limited
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
2,595
2,770
7
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
10,540
8,640
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
9
Transactions with related parties
Kidz R Us Ltd is associated with Venue 1 & Sportz R Us, a Community Interest Company under common control. On 30th June 2024 the company had an outstanding liability amounting to £10,540 (2023: £8,640) with Venue 1 & Sportz R Us.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).