Company Registration No. 05742766 (England and Wales)
Cotton Candy Kids Ltd
Unaudited accounts
for the year ended 31 March 2024
Cotton Candy Kids Ltd
Unaudited accounts
Contents
Cotton Candy Kids Ltd
Company Information
for the year ended 31 March 2024
Company Number
05742766 (England and Wales)
Registered Office
50 Princes Street
Ipswich
Suffolk
IP1 1RJ
England
Cotton Candy Kids Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
103,250
25,975
Inventories
374,835
405,592
Cash at bank and in hand
25,310
25,416
Creditors: amounts falling due within one year
(241,769)
(214,206)
Net current assets
176,230
232,041
Total assets less current liabilities
279,480
258,016
Creditors: amounts falling due after more than one year
(286,479)
(245,832)
Net (liabilities)/assets
(6,999)
12,184
Called up share capital
2
2
Profit and loss account
(7,001)
12,182
Shareholders' funds
(6,999)
12,184
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 1 April 2024 and were signed on its behalf by
Ondrej Copak
Director
Company Registration No. 05742766
Cotton Candy Kids Ltd
Notes to the Accounts
for the year ended 31 March 2024
Cotton Candy Kids Ltd is a private company, limited by shares, registered in England and Wales, registration number 05742766. The registered office is 50 Princes Street, , Ipswich, Suffolk, IP1 1RJ, England.
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.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
12,300
19,000
15,000
46,300
Additions
75,000
-
-
75,000
At 31 March 2024
87,300
19,000
15,000
121,300
At 1 April 2023
3,075
14,250
3,000
20,325
Charge for the year
(8,525)
4,750
1,500
(2,275)
At 31 March 2024
(5,450)
19,000
4,500
18,050
At 31 March 2024
92,750
-
10,500
103,250
At 31 March 2023
9,225
4,750
12,000
25,975
Amounts falling due within one year
Trade debtors
17,854
15,239
Cotton Candy Kids Ltd
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
85,413
80,381
Other creditors
156,356
133,825
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
286,479
245,832
8
Average number of employees
During the year the average number of employees was 7 (2023: 7).