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REGISTERED NUMBER: 05841814 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

A 2 Z KIDS LIMITED

A 2 Z KIDS LIMITED (REGISTERED NUMBER: 05841814)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A 2 Z KIDS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: T D G Owen
Mrs T E Owen





SECRETARY: Mrs T E Owen





REGISTERED OFFICE: 2nd Floor
33 Longbrook Street
Exeter
Devon
EX4 6AW





REGISTERED NUMBER: 05841814 (England and Wales)





ACCOUNTANTS: Merlin Accountancy Services Ltd
2nd Floor
33 Longbrook Street
Exeter
Devon
EX4 6AW

A 2 Z KIDS LIMITED (REGISTERED NUMBER: 05841814)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 15,400 18,116
15,400 18,116

CURRENT ASSETS
Stocks 42,880 74,335
Debtors 6 132,762 120,889
Cash at bank 337 777
175,979 196,001
CREDITORS
Amounts falling due within one year 7 233,546 261,205
NET CURRENT LIABILITIES (57,567 ) (65,204 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(42,167

)

(47,088

)

CREDITORS
Amounts falling due after more than
one year

8

538,628

492,910
NET LIABILITIES (580,795 ) (539,998 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (580,895 ) (540,098 )
SHAREHOLDERS' FUNDS 13 (580,795 ) (539,998 )

A 2 Z KIDS LIMITED (REGISTERED NUMBER: 05841814)

BALANCE SHEET - continued
30 JUNE 2024


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

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

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 27 February 2025 and were signed on its behalf by:





T D G Owen - Director


A 2 Z KIDS LIMITED (REGISTERED NUMBER: 05841814)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

A 2 Z Kids 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.

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 2008, 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.

Stocks
Stocks 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 Income Statement, 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 balance sheet date.


A 2 Z KIDS LIMITED (REGISTERED NUMBER: 05841814)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 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 balance sheet 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 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 15,000
AMORTISATION
At 1 July 2023
and 30 June 2024 15,000
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

A 2 Z KIDS LIMITED (REGISTERED NUMBER: 05841814)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 July 2023
and 30 June 2024 2,000 61,179 79,838 143,017
DEPRECIATION
At 1 July 2023 2,000 53,863 69,038 124,901
Charge for year - 1,096 1,620 2,716
At 30 June 2024 2,000 54,959 70,658 127,617
NET BOOK VALUE
At 30 June 2024 - 6,220 9,180 15,400
At 30 June 2023 - 7,316 10,800 18,116

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2024 2023
£    £   
Trade debtors 1,168 244
Other debtors 131,594 120,645
132,762 120,889

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 108,053 131,745
Trade creditors 37,764 50,351
Taxation and social security 11,284 19,766
Other creditors 76,445 59,343
233,546 261,205

A 2 Z KIDS LIMITED (REGISTERED NUMBER: 05841814)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
2024 2023
£    £   
Bank loans 88,628 92,910
Other creditors 450,000 400,000
538,628 492,910

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 35,928 43,089

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 14,699 22,048
Between one and five years - 14,699
14,699 36,747

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
NatWest Loan 62,971 66,737

The loans are secured against the directors' personal property and by personal guarantees provided by the directors.

11. DEFERRED TAX
£   
Balance at 1 July 2023 (112,575 )
Credit to Income Statement during year (9,569 )
Balance at 30 June 2024 (122,144 )

A 2 Z KIDS LIMITED (REGISTERED NUMBER: 05841814)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

12. ULTIMATE CONTROLLING PARTY

The controlling party is not known.

13. RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS
2024 2023
£    £   
Loss for the financial year (40,797 ) (39,484 )
Net reduction of shareholders' funds (40,797 ) (39,484 )
Opening shareholders' funds (539,998 ) (500,514 )
Closing shareholders' funds (580,795 ) (539,998 )