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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
Page
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Cotton Candy Kids Ltd Company Information for the year ended 31 March 2024
Director
Ondrej Copak
Company Number
05742766 (England and Wales)
Registered Office
50 Princes Street Ipswich Suffolk IP1 1RJ England
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Cotton Candy Kids Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
103,250 
25,975 
Current assets
Inventories
374,835 
405,592 
Debtors
17,854 
15,239 
Cash at bank and in hand
25,310 
25,416 
417,999 
446,247 
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 
Capital and reserves
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
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Cotton Candy Kids Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
8
Computer equipment
10
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 
Depreciation
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 
Net book value
At 31 March 2024
92,750 
- 
10,500 
103,250 
At 31 March 2023
9,225 
4,750 
12,000 
25,975 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
17,854 
15,239 
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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 
241,769 
214,206 
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).
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