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Company No: 15129508 (England and Wales)

KMK KINDERZIMMER 7 WALTHAMSTOW LTD

Unaudited Financial Statements
For the financial period from 11 September 2023 to 31 December 2024
Pages for filing with the registrar

KMK KINDERZIMMER 7 WALTHAMSTOW LTD

Unaudited Financial Statements

For the financial period from 11 September 2023 to 31 December 2024

Contents

KMK KINDERZIMMER 7 WALTHAMSTOW LTD

COMPANY INFORMATION

For the financial period from 11 September 2023 to 31 December 2024
KMK KINDERZIMMER 7 WALTHAMSTOW LTD

COMPANY INFORMATION (continued)

For the financial period from 11 September 2023 to 31 December 2024
Directors D C Grimm (Resigned 07 October 2024)
M Kruse (Resigned 07 October 2024)
C V Roberts
V Roma
Secretary S Bathia
Registered office 3a Montagu Row
London
W1U DZ
United Kingdom
Company number 15129508 (England and Wales)
Accountant Kreston Reeves LLP
2nd Floor
168 Shoreditch High Street
London
E1 6RA
KMK KINDERZIMMER 7 WALTHAMSTOW LTD

BALANCE SHEET

As at 31 December 2024
KMK KINDERZIMMER 7 WALTHAMSTOW LTD

BALANCE SHEET (continued)

As at 31 December 2024
Note 31.12.2024
£
Fixed assets
Intangible assets 3 1,486
Tangible assets 4 1,316,839
1,318,325
Current assets
Debtors 5 162,735
Cash at bank and in hand 6 13,918
176,653
Creditors: amounts falling due within one year 7 ( 1,653,896)
Net current liabilities (1,477,243)
Total assets less current liabilities (158,918)
Net liabilities ( 158,918)
Capital and reserves
Called-up share capital 8 100
Profit and loss account ( 159,018 )
Total shareholder's deficit ( 158,918)

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

Directors' responsibilities:

The financial statements of KMK Kinderzimmer 7 Walthamstow Ltd (registered number: 15129508) were approved and authorised for issue by the Board of Directors on 09 June 2025. They were signed on its behalf by:

V Roma
Director
KMK KINDERZIMMER 7 WALTHAMSTOW LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 11 September 2023 to 31 December 2024
KMK KINDERZIMMER 7 WALTHAMSTOW LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 11 September 2023 to 31 December 2024
1. Accounting policies

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

General information and basis of accounting

KMK Kinderzimmer 7 Walthamstow 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, W1U DZ, 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 11 September 2023 and commenced trading on the same date.

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

Going concern

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

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred 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.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

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:

Other intangible assets not amortised
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 or reducing balance basis over its expected useful life, as follows:

Leasehold improvements 25 years straight line
Computer equipment 5 years straight line
Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

2. Employees

Period from
11.09.2023 to
31.12.2024
Number
Monthly average number of persons employed by the Company during the period, including directors 9

3. Intangible assets

Other intangible assets Total
£ £
Cost
At 11 September 2023 0 0
Additions 1,486 1,486
At 31 December 2024 1,486 1,486
Accumulated amortisation
At 11 September 2023 0 0
At 31 December 2024 0 0
Net book value
At 31 December 2024 1,486 1,486

4. Tangible assets

Leasehold improve-
ments
Computer equipment Total
£ £ £
Cost
At 11 September 2023 0 0 0
Additions 1,336,896 6,326 1,343,222
At 31 December 2024 1,336,896 6,326 1,343,222
Accumulated depreciation
At 11 September 2023 0 0 0
Charge for the financial period 25,911 472 26,383
At 31 December 2024 25,911 472 26,383
Net book value
At 31 December 2024 1,310,985 5,854 1,316,839

5. Debtors

31.12.2024
£
Trade debtors 35,945
Prepayments 53,190
Other debtors 73,600
162,735

6. Cash and cash equivalents

31.12.2024
£
Cash at bank and in hand 13,918

7. Creditors: amounts falling due within one year

31.12.2024
£
Trade creditors 13,390
Amounts owed to Group undertakings 1,544,735
Accruals and deferred income 56,325
Other taxation and social security 17,287
Other creditors 22,159
1,653,896

8. Called-up share capital

31.12.2024
£
Allotted, called-up and fully-paid
100 ordinary shares of £ 1.00 each 100

During the period, KMK Kinderzimmer 7 Walthamstow Limited allotted and issued 100 shares at £1 each.

9. Related party transactions

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 £1,544,736.

10. Ultimate controlling party

Parent Company:

KMK Kinderzimmer UK Holding Limited
3a Montagu Row, London, England, W1U 6DZ