Kidz Universe Ltd iXBRL

Kidz Universe Ltd

Abridged Unaudited Financial Statements

for the financial year ended 30 September 2025

Kidz Universe Ltd

Company Registration Number: NI060793

ABRIDGED BALANCE SHEET

as at 30 September 2025

		2025	2024
	Notes	£	£

Fixed Assets

Tangible assets

325,955

341,827

─────────

Current Assets

Cash at bank and in hand

112,988

107,286

Creditors: amounts falling due within one year

(313,379)

(334,993)

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Net Current Liabilities

(200,391)

(227,707)

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Total Assets less Current Liabilities

125,564

114,120

Creditors:

amounts falling due after more than one year

(2,850)

(16,134)

Provisions for liabilities

(1)

(1)

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Net Assets

122,713

97,985

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Capital and Reserves

Called up share capital

30,000

30,000

Retained earnings

92,713

67,985

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Shareholders' Funds

122,713

97,985

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The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.

For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 26 June 2026 and signed on its behalf by




________________________________			________________________________
Ann Gribben			Leo Gribben
Director			Director

Kidz Universe Ltd

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

for the financial year ended 30 September 2025

General Information

Kidz Universe Ltd is a private company limited by shares incorporated and registered in Northern Ireland. The

registered number of the company is NI060793. The registered office address is 32 Hilltown Road, Newry, BT34 2LJ, which is also the principal place of business of the company. The financial statements are presented in Pound Sterling (£) which is the functional currency of the company.

The financial statements cover the individual entity Kidz Universe Ltd, for the year ended 30th September 2025.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the year ended 30 September 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover comprises the value of services provided by the company, exclusive of trade discounts and value added tax.

Tangible assets and depreciation

Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:

Land and buildings freehold

2% Straight Line

Plant and machinery

15% Straight Line

Fixtures, fittings and equipment

25% Reducing Balance

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Leasing and hire purchases

Tangible assets held under leasing and Hire Purchases arrangements which transfer substantially all the risks and rewards of ownership to the company are capitalised and included in the Balance Sheet at their cost or valuation, less depreciation. The corresponding commitments are recorded as liabilities. Payments in respect of these obligations are treated as consisting of capital and interest elements, with interest charged to the Profit and Loss Account.

Cash at bank and in hand

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the Abridged Balance Sheet bank overdrafts are shown within Creditors.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Employee benefits

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Employees

The average monthly number of employees, including directors, during the financial year was:

2025

2024

Number

Number

Employees

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4.	Tangible assets
		Land and	Plant and	Fixtures,	Total
		buildings	machinery	fittings and
		freehold		equipment
		£	£	£	£
	Cost
	At 1 October 2024	488,432	38,540	37,830	564,802
		─────────	─────────	─────────	─────────

	At 30 September 2025	488,432	38,540	37,830	564,802
		─────────	─────────	─────────	─────────
	Depreciation
	At 1 October 2024	175,884	17,149	29,942	222,975
	Charge for the financial year	9,761	4,139	1,972	15,872
		─────────	─────────	─────────	─────────
	At 30 September 2025	185,645	21,288	31,914	238,847
		─────────	─────────	─────────	─────────
	Net book value
	At 30 September 2025	302,787	17,252	5,916	325,955
		═════════	═════════	═════════	═════════
	At 30 September 2024	312,548	21,391	7,888	341,827
		═════════	═════════	═════════	═════════

Pension commitments

The company operates a defined contribution pension scheme for employees. The assets of the scheme are

held separately from those of the company. Annual contributions payable to the company's pension scheme

are charged to the Profit and Loss Account in the period to which they relate. At the balance sheet date there was £3,034 owed to this fund (2024: £1,995), which is included in Creditors: amounts falling due within one year.