NI4Kids Limited

NI4Kids Limited

NI4KIDS LIMITED - Company Information

Print Friendly Version

1 April 2019 false No description of principal activity Taxfiler 2021.1 NI048829business:PrivateLimitedCompanyLtd2019-04-012020-03-31 NI0488292019-03-31 NI0488292019-04-012020-03-31 NI048829business:AuditExemptWithAccountantsReport2019-04-012020-03-31 NI048829business:FullAccounts2019-04-012020-03-31 NI0488292020-03-31 NI0488292019-03-31 NI048829core:WithinOneYear2020-03-31 NI048829core:WithinOneYear2019-03-31 NI048829core:ShareCapital2020-03-31 NI048829core:ShareCapital2019-03-31 NI048829core:RetainedEarningsAccumulatedLosses2020-03-31 NI048829core:RetainedEarningsAccumulatedLosses2019-03-31 NI048829business:SmallEntities2019-04-012020-03-31 NI048829business:Director12019-04-012020-03-31 NI048829countries:NorthernIreland2019-04-012020-03-31 NI048829business:RegisteredOffice2019-04-012020-03-31 NI048829core:Goodwill2019-03-31 NI048829core:IntangibleAssetsOtherThanGoodwill2019-03-31 NI048829core:Goodwill2020-03-31 NI048829core:IntangibleAssetsOtherThanGoodwill2020-03-31 NI048829core:FurnitureFittings2019-03-31 NI048829core:FurnitureFittings2019-04-012020-03-31 NI048829core:FurnitureFittings2020-03-31 NI0488292018-04-012019-03-31 iso4217:GBP xbrli:pure
Company Registration No. NI048829 (Northern Ireland)
NI4Kids Limited Unaudited accounts for the year ended 31 March 2020
NI4Kids Limited Unaudited accounts Contents
Page
- 2 -
NI4Kids Limited Statement of financial position as at 31 March 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
5
3,684 
6,530 
Current assets
Debtors
6
95,713 
99,955 
Cash at bank and in hand
1,023 
53 
96,736 
100,008 
Creditors: amounts falling due within one year
7
(97,357)
(103,490)
Net current liabilities
(621)
(3,482)
Net assets
3,063 
3,048 
Capital and reserves
Called up share capital
3,000 
3,000 
Profit and loss account
63 
48 
Shareholders' funds
3,063 
3,048 
For the year ending 31 March 2020 the company was entitled to exemption from audit 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 directors acknowledge 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 and delivered 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. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 March 2021 and were signed on its behalf by
Gary Hamilton Director Company Registration No. NI048829
- 3 -
NI4Kids Limited Notes to the Accounts for the year ended 31 March 2020
1
Statutory information
NI4Kids Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI048829. The registered office is Unit 2, Channel Wharf, 21 Old Channel Road, Belfast, Antrim, BT39DE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: 20%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 April 2019
125,000 
17,625 
142,625 
At 31 March 2020
125,000 
17,625 
142,625 
Amortisation
At 1 April 2019
125,000 
17,625 
142,625 
At 31 March 2020
125,000 
17,625 
142,625 
Net book value
At 31 March 2020
- 
- 
- 
- 4 -
NI4Kids Limited Notes to the Accounts for the year ended 31 March 2020
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2019
69,542 
Additions
1,501 
At 31 March 2020
71,043 
Depreciation
At 1 April 2019
63,012 
Charge for the year
4,347 
At 31 March 2020
67,359 
Net book value
At 31 March 2020
3,684 
At 31 March 2019
6,530 
6
Debtors
2020 
2019 
£ 
£ 
Less than one year
Trade debtors
49,003 
89,539 
Accrued income and prepayments
6,750 
- 
Other debtors
39,960 
10,416 
Total debtors less than one year
95,713 
99,955 
Greater than one year
Total debtors
95,713 
99,955 
7
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Bank loans and overdrafts
28,460 
26,857 
Trade creditors
19,633 
21,611 
Taxes and social security
41,071 
54,739 
Accruals
8,193 
283 
97,357 
103,490 
8
Average number of employees
During the year the average number of employees was 8 (2019: 9).
- 5 -