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REGISTERED NUMBER: 03435408 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31st December 2024

for

WILD REPUBLIC UK LTD

WILD REPUBLIC UK LTD (REGISTERED NUMBER: 03435408)






Contents of the Financial Statements
for the year ended 31st December 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


WILD REPUBLIC UK LTD

Company Information
for the year ended 31st December 2024







DIRECTORS: G B Pillai
Mrs K Pillai
V B Chandran
J P C Ensor





REGISTERED OFFICE: Suffolk House
George Street
Croydon
Surrey
CR0 0YN





REGISTERED NUMBER: 03435408 (England and Wales)





ACCOUNTANTS: TC Group
Office: Croydon - TC SWP
3rd Floor, Suffolk House
George Street
Croydon
CR0 0YN

WILD REPUBLIC UK LTD (REGISTERED NUMBER: 03435408)

Statement of Financial Position
31st December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,823 6,385

CURRENT ASSETS
Stocks 5 64,117 124,471
Debtors 6 64,999 107,331
Cash at bank and in hand 22,198 54,855
151,314 286,657
CREDITORS
Amounts falling due within one year 7 658,842 803,781
NET CURRENT LIABILITIES (507,528 ) (517,124 )
TOTAL ASSETS LESS CURRENT LIABILITIES (500,705 ) (510,739 )

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Other reserves 1,400,048 1,400,048
Retained earnings (1,901,753 ) (1,911,787 )
SHAREHOLDERS' FUNDS (500,705 ) (510,739 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

WILD REPUBLIC UK LTD (REGISTERED NUMBER: 03435408)

Statement of Financial Position - continued
31st December 2024


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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9th July 2025 and were signed on its behalf by:





V B Chandran - Director


WILD REPUBLIC UK LTD (REGISTERED NUMBER: 03435408)

Notes to the Financial Statements
for the year ended 31st December 2024

1. STATUTORY INFORMATION

Wild Republic UK Ltd 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.

The directors of the parent company, who are also directors of this company, have indicated that the support of the parent company will continue for the foreseeable future.

The directors therefore consider it appropriate to continue to adopt the going concern basis of accounting in preparing these financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Retail sales are recognised at the point of sale, whereas income from wholesale activities is recognised when the goods are despatched to the customers.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - at varying rates on cost
Computer equipment - at varying rates on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

WILD REPUBLIC UK LTD (REGISTERED NUMBER: 03435408)

Notes to the Financial Statements - continued
for the year ended 31st December 2024

2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 11 (2023 - 13 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st January 2024 17,313 17,840 35,153
Additions 8,000 - 8,000
Disposals (17,313 ) (10,528 ) (27,841 )
At 31st December 2024 8,000 7,312 15,312
DEPRECIATION
At 1st January 2024 17,313 11,455 28,768
Charge for year 1,333 3,504 4,837
Eliminated on disposal (17,313 ) (7,803 ) (25,116 )
At 31st December 2024 1,333 7,156 8,489
NET BOOK VALUE
At 31st December 2024 6,667 156 6,823
At 31st December 2023 - 6,385 6,385

5. STOCKS
31.12.24 31.12.23
£    £   
Finished goods 64,117 124,471

WILD REPUBLIC UK LTD (REGISTERED NUMBER: 03435408)

Notes to the Financial Statements - continued
for the year ended 31st December 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 10,493 38,335
Amounts owed by group undertakings 245 44,026
Other debtors 19,906 587
Prepayments 34,355 24,383
64,999 107,331

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 23,096 67,704
Amounts owed to group undertakings 597,750 655,790
Social security and other taxes 20,150 23,423
VAT 346 14,207
Accruals and deferred income 17,500 42,657
658,842 803,781

8. RELATED PARTY DISCLOSURES

During the previous year, the intercompany balance with the parent company, K&M International Inc., was converted by way of a capital contribution.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are G B Pillai and Mrs K Pillai by virtue of their controlling family interest in K&M International Inc., the ultimate parent company.

K&M International Inc. prepares consolidated financial statements and copies can be obtained from 7711 E Pleasant Valley Road, Independence, Ohio 44131, U.S.A.