RAFA KIDZ LIMITED

Company Registration Number:
11927027 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

RAFA KIDZ LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

RAFA KIDZ LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 7,470 11,389
Tangible assets: 4 107,732 37,191
Investments: 5 1 1
Total fixed assets: 115,203 48,581
Current assets
Stocks: 0 0
Debtors: 6 230,913 69,963
Cash at bank and in hand: 372,681 35,395
Investments:   0 0
Total current assets: 603,594 105,358
Creditors: amounts falling due within one year: 7 (863,859) (401,349)
Net current assets (liabilities): (260,265) (295,991)
Total assets less current liabilities: (145,062) (247,410)
Creditors: amounts falling due after more than one year: 8 (100,000) (100,000)
Provision for liabilities: 0 0
Total net assets (liabilities): (245,062) (347,410)
Capital and reserves
Called up share capital: 1 1
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (245,063) (347,411)
Shareholders funds: (245,062) (347,410)

The notes form part of these financial statements

RAFA KIDZ LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 May 2024
and signed on behalf of the board by:

Name: N J Bunting
Status: Director

The notes form part of these financial statements

RAFA KIDZ LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

RAFA KIDZ LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 217 101

RAFA KIDZ LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible Assets

Total
Cost £
At 01 January 2023 12,084
Additions 0
Disposals (2,394)
Revaluations 0
Transfers 0
At 31 December 2023 9,690
Amortisation
At 01 January 2023 695
Charge for year 2,220
On disposals (695)
Other adjustments 0
At 31 December 2023 2,220
Net book value
At 31 December 2023 7,470
At 31 December 2022 11,389

RAFA KIDZ LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 47,671
Additions 96,581
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2023 144,252
Depreciation
At 01 January 2023 10,480
Charge for year 26,040
On disposals 0
Other adjustments 0
At 31 December 2023 36,520
Net book value
At 31 December 2023 107,732
At 31 December 2022 37,191

RAFA KIDZ LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Fixed investments

The company has 100% control of RAFA Kidzone Limited (company number 08418367), which is also a registered charity (registration number 1154822), which was acquired for nil consideration. The company also owns the entire share of RAFA Kidz Wings Limited (company number 12372814) acquired on incorporation for £1.

RAFA KIDZ LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

RAFA KIDZ LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Creditors: amounts falling due within one year note

2023 Trade creditors £183419 Amounts owed to group undertakings £402138 Taxation and social security £63,862 Other creditors £214,440 2022 Trade creditors £33324 Amounts owed to group undertakings £300747 Taxation and social security £27,994 Other creditors £39,284

RAFA KIDZ LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

8. Creditors: amounts falling due after more than one year note

2023 Amounts owed to group undertakings £100,000 2022 Amounts owed to group undertakings £100,000 Security in the form of a fixed and floating charge over the assets of the company has been given in respect of all present and future obligations, including the long-term liability loan due to group undertakings of £100,000 (2022 £100,000)

RAFA KIDZ LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

9. Financial commitments

Operating Lease Commitments: At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows: 2023 Within one year £35,054 Between two and five years £92,118 2022 Within one year £10229 Between two and five years £5,038

RAFA KIDZ LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

10. Related party transactions

The company is a wholly owned subsidiary of The Royal Air Forces Association. The company has taken advantage of the exemption under FRS 102 not to disclose transactions with The Royal Air Forces Association on the grounds that the company is a wholly owned subsidiary undertaking. No transactions with other related parties took place during the year.