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Company Registration No. 11577385 (England and Wales)
Kids Corp Limited Unaudited accounts for the year ended 31 December 2023
Kids Corp Limited Unaudited accounts Contents
Page
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Kids Corp Limited Company Information for the year ended 31 December 2023
Directors
D Falestchi H Ratinoff
Company Number
11577385 (England and Wales)
Registered Office
6TH FLOOR ONE LONDON WALL LONDON EC2Y 5EB UNITED KINGDOM
Accountants
Delbeck Accountancy Newton Hall Town Street Newton Cambridge CB22 7ZE
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Kids Corp Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investments
277,258 
237,959 
Current assets
Debtors
192,920 
231,432 
Cash at bank and in hand
256,818 
408,594 
449,738 
640,026 
Creditors: amounts falling due within one year
(26,733)
(14,592)
Net current assets
423,005 
625,434 
Total assets less current liabilities
700,263 
863,393 
Creditors: amounts falling due after more than one year
- 
(12,141)
Net assets
700,263 
851,252 
Capital and reserves
Called up share capital
186,950 
186,950 
Capital contribution reserve
473,746 
599,502 
Profit and loss account
39,567 
64,800 
Shareholders' funds
700,263 
851,252 
For the year ending 31 December 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 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 15 August 2024 and were signed on its behalf by
H Ratinoff Director Company Registration No. 11577385
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Kids Corp Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Kids Corp Limited is a private company, limited by shares, registered in England and Wales, registration number 11577385. The registered office is 6TH FLOOR, ONE LONDON WALL, LONDON, EC2Y 5EB, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Turnover
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.
4
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2023
237,959 
Additions
39,299 
Valuation at 31 December 2023
277,258 
Kids Corp S.R.L. Registered in Argentina - £237959.00 BZHKC L.L.C. Registered in USA - £39299.00
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
786 
4,462 
Other debtors
192,134 
226,970 
192,920 
231,432 
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Kids Corp Limited Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
26,733 
14,592 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Taxes and social security
- 
12,141 
8
Transactions with related parties
The following were subsidiary and other related undertakings of the Company. Bilcesto S.A. Registered in Uruguay 100% Ordinary Shares. Kids Corp S.R.L. Registered in Argentina 95% Ordinary Shares. Ieladim Corp SAPI Registered in Mexico 95% Ordinary Shares. Tecnovida S.A. Registered in Uruguay 100% Ordinary Shares. BZHKC LLC Registered in USA 100% Ordinary Shares.
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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