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REGISTERED NUMBER: 11616141 (England and Wales)











Financial Statements

for the Year Ended 31 October 2024

for

KIDS AND JOINTS LTD.

KIDS AND JOINTS LTD. (REGISTERED NUMBER: 11616141)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KIDS AND JOINTS LTD.

Company Information
for the Year Ended 31 October 2024







DIRECTOR: Dr J Sarkodieh





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 11616141 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

KIDS AND JOINTS LTD. (REGISTERED NUMBER: 11616141)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 3,408 -

CURRENT ASSETS
Debtors 5 93,580 79,717
Cash at bank 86,496 31,510
180,076 111,227
CREDITORS
Amounts falling due within one year 6 94,290 55,537
NET CURRENT ASSETS 85,786 55,690
TOTAL ASSETS LESS CURRENT
LIABILITIES

89,194

55,690

CREDITORS
Amounts falling due after more than one year 7 3,033 8,256
NET ASSETS 86,161 47,434

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 86,061 47,334
86,161 47,434

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

KIDS AND JOINTS LTD. (REGISTERED NUMBER: 11616141)

Balance Sheet - continued
31 October 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 July 2025 and were signed by:





Dr J Sarkodieh - Director


KIDS AND JOINTS LTD. (REGISTERED NUMBER: 11616141)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Kids And Joints 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipmen
£   
COST
At 1 November 2023 616
Additions 4,289
At 31 October 2024 4,905
DEPRECIATION
At 1 November 2023 616
Charge for year 881
At 31 October 2024 1,497
NET BOOK VALUE
At 31 October 2024 3,408
At 31 October 2023 -

KIDS AND JOINTS LTD. (REGISTERED NUMBER: 11616141)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 20,095 2,377
Other debtors 69,858 55,417
Directors' current accounts 1,259 498
Prepayments and accrued income 2,368 21,425
93,580 79,717

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts 5,200 5,200
Amounts owed to group undertakings 23,019 -
Tax 57,088 43,381
Accruals and deferred income 8,983 6,956
94,290 55,537

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans - 1-2 years 3,033 5,200
Bank loans - 2-5 years - 3,056
3,033 8,256

8. CALLED UP SHARE CAPITAL

Allotted,issued and fully paid
Number: Class: Nominal 31.10.24 31.10.23
value: £ £
98 A Ordinary £1 98 98
1 B Ordinary £1 1 1
1 C Ordinary £1 1 1
100 100

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023:

31.10.24 31.10.23
£    £   
Dr J Sarkodieh
Balance outstanding at start of year 498 -
Amounts advanced 109,711 18,854
Amounts repaid (108,950 ) (18,356 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,259 498

KIDS AND JOINTS LTD. (REGISTERED NUMBER: 11616141)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES - continued

As at the balance sheet date, included within debtors due within one year is £1,259 (2023: £498) due and payable by the director. Interest of £1,259 was charged at 2.25% on the overdrawn director loan account for the period. The overdrawn amount was fully paid within 9 months from the balance sheet date.

10. RELATED PARTY DISCLOSURES

As at the balance sheet date, included in creditors due within one year is £23,019 (2023: £Nil) due to Sarkodieh Ltd a company under the control of common director.

As at the balance sheet date, included in debtors due within one year is £69,858 (2023: £55,417) due from Elvii Ltd, a company under the control of common director.