Kiddimax Limited Company accounts

COMPANY REGISTRATION NUMBER: 11276888

Kiddimax Limited

Unaudited Financial Statements

31 March 2025

Kiddimax Limited

Financial Statements

Year ended 31 March 2025

Contents	Page

Directors' report	1

Statement of income and retained earnings	2

Statement of financial position	3

Notes to the financial statements	4

Kiddimax Limited

Directors' Report

Year ended 31 March 2025

The directors present their report and the unaudited financial statements of the company for the year ended 31 March 2025 .

Principal activities

The principal activity of the company during the year was Internet Toy Sales

Directors

The directors who served the company during the year were as follows:

Mr S Johnson
Mr A Tauber

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 23 November 2025 and signed on behalf of the board by:

for use with a Director signature

Mr A Tauber Mr S Johnson

Director Director

Registered office:

53 Butts Road

Thornton Cleveleys

FY5 4HX

Kiddimax Limited

Statement of Income and Retained Earnings

Year ended 31 March 2025

	2025	2024
Note	£	£
Turnover	1,478,027	1,552,684

Cost of sales	922,341	1,033,727
	------------	------------
Gross profit	555,686	518,957

Distribution costs	296,889	288,986
Administrative expenses	163,895	179,489
	---------	---------
Operating profit	94,902	50,482

Other interest receivable and similar income		100	110
		---------	---------
Profit before taxation	5	95,002	50,592

Tax on profit	21,396	9,746
	--------	--------
Profit for the financial year and total comprehensive income	73,606	40,846
	--------	--------

Dividends paid and payable	( 90,350)	( 68,766)

Retained earnings at the start of the year	167,716	195,636
	---------	---------
Retained earnings at the end of the year	150,972	167,716
	---------	---------

All the activities of the company are from continuing operations.

Kiddimax Limited

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	6	1,131	1,018

Current assets

Stocks		35,000	32,000
Debtors	7	37,487	31,109
Cash at bank and in hand		192,622	210,484
		---------	---------
		265,109	273,593

Creditors: amounts falling due within one year	8	115,266	106,893
		---------	---------
Net current assets		149,843	166,700
		---------	---------
Total assets less current liabilities		150,974	167,718
		---------	---------
Net assets		150,974	167,718
		---------	---------

Capital and reserves

Called up share capital	2	2
Profit and loss account	150,972	167,716
	---------	---------
Shareholders funds	150,974	167,718
	---------	---------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 23 November 2025 , and are signed on behalf of the board by:

Mr S Johnson	Mr A Tauber
Director	Director

Company registration number: 11276888

Kiddimax Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 53 Butts Road, Thornton Cleveleys, FY5 4HX.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 7 (2024: 7 ).

5. Profit before taxation

Profit before taxation is stated after charging:

	2025	2024
	£	£
Depreciation of tangible assets	377	340
	----	----

6. Tangible assets

	Equipment
	£
Cost
At 1 April 2024	2,212
Additions	490
	-------
At 31 March 2025	2,702
	-------
Depreciation
At 1 April 2024	1,194
Charge for the year	377
	-------
At 31 March 2025	1,571
	-------
Carrying amount
At 31 March 2025	1,131
	-------
At 31 March 2024	1,018
	-------

7. Debtors

	2025	2024
	£	£
Other debtors	37,487	31,109
	--------	--------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	15,504	94,822
Trade creditors	1,727	2,325
Corporation tax	21,396	9,746
Other creditors	76,639	–
	---------	---------
	115,266	106,893
	---------	---------