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REGISTERED NUMBER: 11915655 (England and Wales)


Kids Hub Exe Limited

Abridged Unaudited Financial Statements

for the Year Ended 31 March 2024






Kids Hub Exe Limited (Registered number: 11915655)






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Kids Hub Exe Limited

Company Information
for the year ended 31 March 2024







DIRECTOR: Mrs N T Tuna Yalcuva





REGISTERED OFFICE: 11 Paris Street
Exeter
Devon
EX1 2JB





REGISTERED NUMBER: 11915655 (England and Wales)





ACCOUNTANTS: Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Kids Hub Exe Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kids Hub Exe Limited for the year ended 31 March 2024 which comprise the Abridged Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Kids Hub Exe Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Kids Hub Exe Limited and state those matters that we have agreed to state to the director of Kids Hub Exe Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kids Hub Exe Limited and its director for our work or for this report.

It is your duty to ensure that Kids Hub Exe Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Kids Hub Exe Limited. You consider that Kids Hub Exe Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Kids Hub Exe Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU


31 December 2024

Kids Hub Exe Limited (Registered number: 11915655)

Statement of Financial Position
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 5,083 5,967

CURRENT ASSETS
Inventories 195 187
Cash at bank and in hand 535 1,688
730 1,875
CREDITORS
Amounts falling due within one year 5 23,180 21,872
NET CURRENT LIABILITIES (22,450 ) (19,997 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(17,367

)

(14,030

)

CREDITORS
Amounts falling due after more than one
year

6

6,507

8,921
NET LIABILITIES (23,874 ) (22,951 )

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 (23,974 ) (23,051 )
SHAREHOLDERS' FUNDS (23,874 ) (22,951 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Hub Exe Limited (Registered number: 11915655)

Statement of Financial Position - continued
31 March 2024


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

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 31 December 2024 and were signed by:





Mrs N T Tuna Yalcuva - Director


Kids Hub Exe Limited (Registered number: 11915655)

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Kids Hub Exe Limited 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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is derived from the ordinary trading activities of the business and is recognised when the customer takes delivery of the order.

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 - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


Kids Hub Exe Limited (Registered number: 11915655)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 - 10 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2023 7,354 4,716 1,099 13,169
Additions 270 - - 270
At 31 March 2024 7,624 4,716 1,099 13,439
DEPRECIATION
At 1 April 2023 4,235 2,421 546 7,202
Charge for year 678 344 132 1,154
At 31 March 2024 4,913 2,765 678 8,356
NET BOOK VALUE
At 31 March 2024 2,711 1,951 421 5,083
At 31 March 2023 3,119 2,295 553 5,967

Kids Hub Exe Limited (Registered number: 11915655)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,406 2,397
Trade creditors - 1,457
Taxation and social security - 561
Other creditors 20,774 17,457
23,180 21,872

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 6,507 8,921

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary share £1 100 100

8. RESERVES
Retained
earnings
£   

At 1 April 2023 (23,051 )
Deficit for the year (923 )
At 31 March 2024 (23,974 )

9. RELATED PARTY DISCLOSURES

Included within creditors are amounts due to the director of £19,430 (2023:£16,389) at balance sheet date.