ID Kids Talent Limited 09908390 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is an agency for children and adults in film, TV, commercials, theatre, radio and voice overs. Digita Accounts Production Advanced 6.30.9574.0 true true 09908390 2023-04-01 2024-03-31 09908390 2024-03-31 09908390 bus:OrdinaryShareClass1 2024-03-31 09908390 core:CurrentFinancialInstruments 2024-03-31 09908390 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 09908390 bus:SmallEntities 2023-04-01 2024-03-31 09908390 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 09908390 bus:FilletedAccounts 2023-04-01 2024-03-31 09908390 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09908390 bus:RegisteredOffice 2023-04-01 2024-03-31 09908390 bus:Director1 2023-04-01 2024-03-31 09908390 bus:Director2 2023-04-01 2024-03-31 09908390 bus:Director3 2023-04-01 2024-03-31 09908390 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 09908390 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09908390 countries:England 2023-04-01 2024-03-31 09908390 2022-04-01 2023-03-31 09908390 2023-03-31 09908390 bus:OrdinaryShareClass1 2023-03-31 09908390 core:CurrentFinancialInstruments 2023-03-31 09908390 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 09908390

ID Kids Talent Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

ID Kids Talent Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 7

 

ID Kids Talent Limited

Company Information

Directors

Ms K Davis

Ms E J Hardy

Ms Z C Newell

Registered office

96 - 98 Pitshanger Lane
Ealing
London
W5 1QX

Accountants

Khushkam Limited
Chartered Certified Accountants
46-48 Byron Road
Wealdstone
Harrow
Middlesex
HA3 7SS

 

ID Kids Talent Limited

(Registration number: 09908390)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

-

378

Cash at bank and in hand

 

14,575

24,390

 

14,575

24,768

Creditors: Amounts falling due within one year

5

(19,060)

(26,926)

Net liabilities

 

(4,485)

(2,158)

Capital and reserves

 

Called up share capital

6

3

3

Retained earnings

(4,488)

(2,161)

Shareholders' deficit

 

(4,485)

(2,158)

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 September 2024 and signed on its behalf by:
 

 

ID Kids Talent Limited

(Registration number: 09908390)
Balance Sheet as at 31 March 2024

.........................................
Ms K Davis
Director

.........................................
Ms E J Hardy
Director

.........................................
Ms Z C Newell
Director

 

ID Kids Talent Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
96 - 98 Pitshanger Lane
Ealing
London
W5 1QX

These financial statements were authorised for issue by the Board on 4 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

ID Kids Talent Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

ID Kids Talent Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2023 - 3).

4

Debtors

Current

2024
£

2023
£

Other debtors

-

378

 

-

378

 

ID Kids Talent Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

3,203

6,301

Other creditors

15,857

20,625

19,060

26,926

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

3

3

3

3