Company No:
Contents
| Directors | D C Grimm (Appointed 10 September 2023, Resigned 02 July 2024) |
| M Kruse (Appointed 10 September 2023, Resigned 02 July 2024) | |
| C V Roberts (Appointed 10 September 2023) | |
| V Roma (Appointed 10 September 2023) |
| Secretary | S Bathia |
| Registered office | 3a Montagu Row |
| London | |
| W1U 6DZ | |
| United Kingdom |
| Company number | 15128419 (England and Wales) |
| Accountant | Kreston Reeves LLP |
| 2nd Floor | |
| 168 Shoreditch High Street | |
| London | |
| E1 6RA |
| Note | 31.12.2024 | |
| £ | ||
| Fixed assets | ||
| Intangible assets | 3 |
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| Tangible assets | 4 |
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| 1,238,996 | ||
| Current assets | ||
| Debtors | 5 |
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| Cash at bank and in hand |
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| 36,123 | ||
| Creditors: amounts falling due within one year | 6 | (
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| Net current liabilities | (1,343,587) | |
| Total assets less current liabilities | (104,591) | |
| Net liabilities | (
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| Capital and reserves | ||
| Called-up share capital | 7 |
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| Profit and loss account | (
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| Total shareholder's deficit | (
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Directors' responsibilities:
The financial statements of KMK Kinderzimmer 6 White City Ltd (registered number:
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V Roma
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.
KMK Kinderzimmer 6 White City Ltd (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 3a Montagu Row , London, 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 company was incorporated on 10 September 2023 and commenced business on same date.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial period. Differences between contributions payable in the financial period and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.
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.
| Other intangible assets | not amortised |
| Leasehold improvements |
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| Computer equipment |
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The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
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.
| Period from 10.09.2023 to 31.12.2024 |
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| Number | |
| Monthly average number of persons employed by the Company during the period, including directors |
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| Other intangible assets | Total | ||
| £ | £ | ||
| Cost | |||
| At 10 September 2023 |
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| Additions |
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| At 31 December 2024 |
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| Accumulated amortisation | |||
| At 10 September 2023 |
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| At 31 December 2024 |
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| Net book value | |||
| At 31 December 2024 |
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| Leasehold improve- ments |
Computer equipment | Total | |||
| £ | £ | £ | |||
| Cost | |||||
| At 10 September 2023 |
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| Additions |
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| At 31 December 2024 |
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| Accumulated depreciation | |||||
| At 10 September 2023 |
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| Charge for the financial period |
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| At 31 December 2024 |
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| Net book value | |||||
| At 31 December 2024 |
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| 31.12.2024 | |
| £ | |
| Trade debtors |
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| Prepayments |
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| Other debtors |
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| 31.12.2024 | |
| £ | |
| Trade creditors |
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| Amounts owed to Group undertakings |
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| Accruals and deferred income |
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| Other taxation and social security |
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| Other creditors |
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| 31.12.2024 | |
| £ | |
| Allotted, called-up and fully-paid | |
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Other related party transactions
KMK Kinderzimmer UK Holding Limited
(Holding company)
During the year the company received a loan from KMK Kinderzimmer UK Holding Limited. The loan is interest free and repayable on demand. At the balance sheet date the amount due to KMK Kinderzimmer UK Holding Limited was £1,336,899.
Parent Company:
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| 3a Montagu Row, London, England, W1U 6DZ |