KINGFISHER BUDDIES LTD


Director	ELLAM, Natalie


Registered Address	37 Oakdale
	Harrogate
	HG1 2LW


Registered Number	10778848 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		14,583		20,833
Tangible assets	4		3,740		4,645
			18,323		25,478
Current assets
Debtors	5	9,395		5,453
Cash at bank and on hand		112,193		73,882
		121,588		79,335
Creditors amounts falling due within one year	6	(36,251)		(26,766)
Net current assets (liabilities)			85,337		52,569
Total assets less current liabilities			103,660		78,047
Creditors amounts falling due after one year	7		(5,233)		(15,504)
Provisions for liabilities			(711)		(883)
Net assets			97,716		61,660
Capital and reserves
Called up share capital			100		100
Other reserves			14,000		14,000
Profit and loss account			83,616		47,560
Shareholders' funds			97,716		61,660

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 21 October 2025, and are signed on its behalf by:

ELLAM, Natalie
Director
Registered Company No. 10778848

KINGFISHER BUDDIES LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Current 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.

Current 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.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Goodwill
	Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

	Tangible fixed assets and depreciation
	Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


	Reducing balance (%)	Straight line (years)
Fixtures and fittings	15	-
Office Equipment	-	3

2.	Average number of employees


		2025		2024
	Average number of employees during the year	8		8

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 April 24	62,500	62,500
At 31 March 25	62,500	62,500
Amortisation and impairment
At 01 April 24	41,667	41,667
Charge for year	6,250	6,250
At 31 March 25	47,917	47,917
Net book value
At 31 March 25	14,583	14,583
At 31 March 24	20,833	20,833

4.	Tangible fixed assets

	Fixtures & fittings	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 April 24	5,929	2,384	8,313
At 31 March 25	5,929	2,384	8,313
Depreciation and impairment
At 01 April 24	1,890	1,778	3,668
Charge for year	606	299	905
At 31 March 25	2,496	2,077	4,573
Net book value
At 31 March 25	3,433	307	3,740
At 31 March 24	4,039	606	4,645

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	9,395	5,453
Total	9,395	5,453

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Bank borrowings and overdrafts	10,271	10,018
Taxation and social security	22,211	15,179
Other creditors	3,769	1,569
Total	36,251	26,766

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	5,233	15,504
Total	5,233	15,504

8.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
ELLAM, Natalie	4,850	9,000	4,850	9,000
	4,850	9,000	4,850	9,000


	Under the BBLS scheme the government provided a 100% guarantee. As at the balance sheet date, this represented a bank loan guarantee of £15,505 (2024: £25,252).