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REGISTERED NUMBER: 06880312 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Kids & Co. Clothing Ltd

Kids & Co. Clothing Ltd (Registered number: 06880312)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Kids & Co. Clothing Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Mr T Healey



REGISTERED OFFICE: 16c Sandown Road
Lake
Isle of Wight
PO36 9JP



REGISTERED NUMBER: 06880312 (England and Wales)



ACCOUNTANTS: Allegri & Co.
16c Sandown Road
Lake
Isle of Wight
PO36 9JP



BANKERS: Barclays Bank plc
PO Box 29
Newport
Isle of Wight
PO30 1XU

Kids & Co. Clothing Ltd (Registered number: 06880312)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 4,410 3,661
4,410 3,661

CURRENT ASSETS
Stocks 19,000 18,000
Debtors 6 600 92
Cash at bank 5,809 9,894
25,409 27,986
CREDITORS
Amounts falling due within one year 7 7,339 8,158
NET CURRENT ASSETS 18,070 19,828
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,480

23,489

CREDITORS
Amounts falling due after more than one
year

8

3,125

4,625
NET ASSETS 19,355 18,864

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 19,353 18,862
SHAREHOLDERS' FUNDS 19,355 18,864

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Kids & Co. Clothing Ltd (Registered number: 06880312)

Balance Sheet - continued
30 April 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 October 2024 and were signed by:





Mr T Healey - Director


Kids & Co. Clothing Ltd (Registered number: 06880312)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Kids & Co. Clothing Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 5 ) .

Kids & Co. Clothing Ltd (Registered number: 06880312)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 10,000
AMORTISATION
At 1 May 2023
and 30 April 2024 10,000
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 15,465
Additions 1,604
At 30 April 2024 17,069
DEPRECIATION
At 1 May 2023 11,804
Charge for year 855
At 30 April 2024 12,659
NET BOOK VALUE
At 30 April 2024 4,410
At 30 April 2023 3,661

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 600 92

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Taxation and social security 6,564 7,507
Other creditors 775 651
7,339 8,158

Kids & Co. Clothing Ltd (Registered number: 06880312)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Other creditors 3,125 4,625

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr T Healey.