Wheat Kids Clothing UK Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 14770032 (England and Wales)

Financial Statements for the Year Ended 30 June 2026

for

Wheat Kids Clothing UK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

T G Frederiksen

J C Thomas

REGISTERED OFFICE:

Cumberland Court

80 Mount Street

Nottingham

United Kingdom

NG1 6HH

REGISTERED NUMBER:

14770032 (England and Wales)

AUDITORS:

Krogh & Partners Limited, (Statutory Auditor)

823 Salisbury House

29 Finsbury Circus

London

EC2M 5QQ

FIXED ASSETS

Tangible assets

4

11,607

16,653

Investments

5

39,059

50,666

55,712

CURRENT ASSETS

Debtors

6

128,228

106,841

Cash at bank

157,185

65,189

285,413

172,030

CREDITORS

Amounts falling due within one year

7

318,340

225,444

NET CURRENT LIABILITIES

(32,927

)

(53,414

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

17,739

2,298

CAPITAL AND RESERVES

Called up share capital

8

1

Retained earnings

17,738

2,297

SHAREHOLDERS' FUNDS

17,739

2,298

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 Board of Directors and authorised for issue on 27 October 2026 and were signed on its behalf by:

T G Frederiksen - Director

J C Thomas - Director

1.	STATUTORY INFORMATION

Wheat Kids Clothing 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.

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 parent company has confirmed that it will maintain financial support for the foreseeable future to enable the company to continue normal trading operations.

Preparation of consolidated financial statements

The financial statements contain information about Wheat Kids Clothing UK Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

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

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Cost of sales

Cost of sales comprises goods consumed in the financial year measured at cost.

Administrative expenses

Administrative expenses include expenses relating to the Entity's ordinary activities, including expenses for

premises, stationery and office supplies, marketing costs, etc. This item also includes writedowns of debtors recognised in current assets.

Staff costs

Staff costs comprise wages and salaries, and social security contributions, pension contributions, etc. for entity staff.

Pension cost 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.

Interest and similar income and charges

Interest and similar income and charges are recognised in the profit and loss account over the term of such instruments at a constant rate on the carrying amount.

Foreign currencies

Transactions denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Assets and liabilities in foreign currencies are translated into sterling at rates of exchange ruling at the end of the financial year.

All exchange differences are dealt with in the profit and loss account.

Financial instruments

The company only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Tangible fixed assets

Tangible assets are stated at cost, net of depreciation and any provision for impairment.

Depreciation on fixed assets is provided at rates estimated to write off the cost amounts, less estimated residual value, of each asset over its expected useful life as follows:

Plant and machinery

3-5 years

Fixtures and fittings

3-5 years

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

The company only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Debtors

Debtors are valued individually and there are made provision according to this valuation.

Cash at bank

Cash at bank includes deposits held at call with banks.

Creditors

Creditors are carried at payment or settlement amounts. Where the time value of money is material, creditors are carried at amortized 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

COST

At 1 July 2025

and 30 June 2026

3,333

21,899

25,232

DEPRECIATION

At 1 July 2025

1,166

7,413

8,579

Charge for year

666

4,380

5,046

At 30 June 2026

1,832

11,793

13,625

NET BOOK VALUE

At 30 June 2026

1,501

10,106

11,607

At 30 June 2025

2,167

14,486

16,653

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 July 2025

and 30 June 2026

39,059

NET BOOK VALUE

At 30 June 2026

39,059

At 30 June 2025

39,059

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

520

31,347

Amounts owed by group undertakings

114,259

65,969

Other debtors

13,449

9,525

128,228

106,841

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade creditors

5,359

2,715

Amounts owed to group undertakings

304,070

213,296

Tax

1,481

-

Social security and other taxes

-

2,975

Other creditors

463

462

Accruals and deferred income

6,967

5,996

318,340

225,444

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

1

Ordinary

1

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

John Lindegaard (Senior Statutory Auditor)

for and on behalf of Krogh & Partners Limited, (Statutory Auditor)

10.	ULTIMATE CONTROLLING PARTY

The immediate parent undertaking is Offspring A/S.

D1 HOLDING ApS (incorporated in Denmark) is the smallest group to consolidate these financial statements and copies can be obtained from:.

D1 HOLDING ApS

Grusbakken 12

2820 Gentofte

Denmark