Kidz Kingdom Cafe Limited - Filleted accounts

KIDZ KINGDOM CAFE LIMITED - Company Information

Registered number

10144461

Kidz Kingdom Cafe Limited

Unaudited Filleted Accounts

30 April 2017

Kidz Kingdom Cafe Limited
Registered number:		10144461
Balance Sheet
as at 30 April 2017

Notes			2017
£
Current assets
Stocks		274
Cash at bank and in hand		628
		902

Creditors: amounts falling due within one year	2	(719)

Net current assets			183

Net assets			183

Capital and reserves
Called up share capital			60
Profit and loss account			123

Shareholders' funds			183

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr S James
Director
Approved by the board on 16 November 2017

Kidz Kingdom Cafe Limited
Notes to the Accounts
for the year ended 30 April 2017


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Creditors: amounts falling due within one year		2017
£

	Trade creditors		156
	Taxation and social security costs		36
	Other creditors		527
			719


3	Controlling party

	The directors are the ultimate controlling party.


4	Other information

	Kidz Kingdom Cafe Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 3 Castle Meadows Park
	Merthyr Road
	Abergavenny
	NP7 7RZ