REGISTERED NUMBER: 04332668 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Kids Industries (Uk) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr G S Pope

SECRETARY:

Miss J G Blows

REGISTERED OFFICE:

28a Cole Street

London

SE1 4YH

REGISTERED NUMBER:

04332668 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

Chartered Accountants

TOR

Saint-Cloud Way

Maidenhead

Berkshire

SL6 8BN

FIXED ASSETS

Tangible assets

4

8,811

17,288

CURRENT ASSETS

Debtors

5

142,902

394,162

Cash at bank and in hand

176,513

223,069

319,415

617,231

CREDITORS

Amounts falling due within one year

6

(525,563

)

(618,868

)

NET CURRENT LIABILITIES

(206,148

)

(1,637

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(197,337

)

15,651

CREDITORS

Amounts falling due after more than one year

7

(34,533

)

(111,667

)

PROVISIONS FOR LIABILITIES

(1,674

)

(3,285

)

NET LIABILITIES

(233,544

)

(99,301

)

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

(233,644

)

(99,401

)

SHAREHOLDERS' FUNDS

(233,544

)

(99,301

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 30 October 2025 and were signed by:

Mr G S Pope - Director

1.	STATUTORY INFORMATION

Kids Industries (Uk) Limited 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.

The accounts are prepared on a going concern basis as in the opinion of the directors the company has sufficient finance available to it to meet its obligations as they fall due for the foreseeable future, that is at least 12 months form the date of approval of the accounts.

Significant judgements and estimates

In the application of the company's accounting policies the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The company does not make significant estimates and assumptions concerning the future.

Turnover

Turnover, which excludes value added tax ("VAT"), constitutes the value of services undertaken by the company from its principal activity, which is research, branding and digital solutions to help brands connect with children, families and youth markets.

Tangible fixed assets

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

Plant and machinery

-

33% on cost

Tangible fixed assets are included at cost less depreciation and impairment.

Financial instruments

Basic financial instruments are recognised at amortised cost using the effective interest method, except for investments in non-convertible preference and non-puttable preference and ordinary shares, which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and therefore at fair value, with changes recognised in profit and loss.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 26 (2024 - 27 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2024

82,272

Additions

3,324

At 31 January 2025

85,596

DEPRECIATION

At 1 February 2024

64,984

Charge for year

11,801

At 31 January 2025

76,785

NET BOOK VALUE

At 31 January 2025

8,811

At 31 January 2024

17,288

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

24,858

185,765

Other debtors

118,044

208,397

142,902

394,162

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts (see note 8)

97,671

88,546

Trade creditors

38,120

146,942

Taxation and social security

83,743

59,845

Other creditors

306,029

323,535

525,563

618,868

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans (see note 8)

34,533

111,667

8.

LOANS

An analysis of the maturity of loans is given below:

31.1.25

31.1.24

£

£

Amounts falling due within one year or on demand:

Bank loans

97,671

88,546

Amounts falling due between one and two years:

Bank loans - 1-2 years

34,533

80,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

31,667

As at the balance sheet date the company held a Barclays bank loan which is due to be repaid in full by June 2026, a Funding Circle loan which is due to be repaid in full by May 2027 but it is expected to be fully repaid by May 2026 and a White Oak LDF Finance loan which is due to be repaid in full by April 2025.

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.1.25

31.1.24

£

£

Within one year

24,500

24,500

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.25

31.1.24

value:

£

£

100

Ordinary

1

100

100

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

31.1.25

31.1.24

£

£

Mr G S Pope

Balance outstanding at start of year

20,888

-

Amounts advanced

492

30,888

Amounts repaid

(100

)

(10,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

21,280

20,888

12.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.