Silverfin false false 31/07/2024 01/08/2023 31/07/2024 K A Beale 13/07/2018 21 April 2025 The principal activity of the Company during the financial year was online retail sales. 11462869 2024-07-31 11462869 bus:Director1 2024-07-31 11462869 2023-07-31 11462869 core:CurrentFinancialInstruments 2024-07-31 11462869 core:CurrentFinancialInstruments 2023-07-31 11462869 core:ShareCapital 2024-07-31 11462869 core:ShareCapital 2023-07-31 11462869 core:RetainedEarningsAccumulatedLosses 2024-07-31 11462869 core:RetainedEarningsAccumulatedLosses 2023-07-31 11462869 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2023-07-31 11462869 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2024-07-31 11462869 core:OfficeEquipment 2023-07-31 11462869 core:OfficeEquipment 2024-07-31 11462869 2023-08-01 2024-07-31 11462869 bus:FilletedAccounts 2023-08-01 2024-07-31 11462869 bus:SmallEntities 2023-08-01 2024-07-31 11462869 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 11462869 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 11462869 bus:Director1 2023-08-01 2024-07-31 11462869 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill core:TopRangeValue 2023-08-01 2024-07-31 11462869 core:OfficeEquipment core:TopRangeValue 2023-08-01 2024-07-31 11462869 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure

Company No: 11462869 (England and Wales)

KIKKI COUTURE LIMITED

Unaudited Financial Statements
For the financial year ended 31 July 2024
Pages for filing with the registrar

KIKKI COUTURE LIMITED

Unaudited Financial Statements

For the financial year ended 31 July 2024

Contents

KIKKI COUTURE LIMITED

BALANCE SHEET

As at 31 July 2024
KIKKI COUTURE LIMITED

BALANCE SHEET (continued)

As at 31 July 2024
Note 2024 2023
£ £
Current assets
Stocks 5 0 3,625
Debtors 6 917 199
Cash at bank and in hand 33,995 47,985
34,912 51,809
Creditors: amounts falling due within one year 7 ( 4,887) ( 17,876)
Net current assets 30,025 33,933
Total assets less current liabilities 30,025 33,933
Net assets 30,025 33,933
Capital and reserves
Called-up share capital 100 100
Profit and loss account 29,925 33,833
Total shareholder's funds 30,025 33,933

For the financial year ending 31 July 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Kikki Couture Limited (registered number: 11462869) were approved and authorised for issue by the Director on 21 April 2025. They were signed on its behalf by:

K A Beale
Director
KIKKI COUTURE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2024
KIKKI COUTURE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Kikki Couture Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, Dorset, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
And turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Website costs 4 years straight line
Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Office equipment 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Intangible assets

Website costs Total
£ £
Cost
At 01 August 2023 2,600 2,600
At 31 July 2024 2,600 2,600
Accumulated amortisation
At 01 August 2023 2,600 2,600
At 31 July 2024 2,600 2,600
Net book value
At 31 July 2024 0 0
At 31 July 2023 0 0

4. Tangible assets

Office equipment Total
£ £
Cost
At 01 August 2023 516 516
At 31 July 2024 516 516
Accumulated depreciation
At 01 August 2023 516 516
At 31 July 2024 516 516
Net book value
At 31 July 2024 0 0
At 31 July 2023 0 0

5. Stocks

2024 2023
£ £
Stocks 0 3,625

6. Debtors

2024 2023
£ £
Corporation tax 917 0
Other debtors 0 199
917 199

7. Creditors: amounts falling due within one year

2024 2023
£ £
Amounts owed to director 3,507 15,014
Accruals 1,380 1,290
Taxation and social security 0 1,572
4,887 17,876