Kids Out Trading Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 04366968 (England and Wales)

Financial Statements for the Year Ended 30 June 2017

for

Kids Out Trading Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

H M Pitcher OBE

REGISTERED OFFICE:

14 Church Square

Leighton Buzzard

Bedfordshire

LU7 1AE

REGISTERED NUMBER:

04366968 (England and Wales)

AUDITORS:

Ashbys Chartered Accountants

Statutory Auditor

Morton House

9 Beacon Court

Pitstone Green Business Park

Pitstone

LU7 9GY

FIXED ASSETS

Tangible assets

5

4,635

-

CURRENT ASSETS

Debtors

6

70,226

69,937

Cash at bank

73,267

210,468

143,493

280,405

CREDITORS

Amounts falling due within one year

7

104,406

166,699

NET CURRENT ASSETS

39,087

113,706

TOTAL ASSETS LESS CURRENT LIABILITIES

43,722

113,706

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

43,720

113,704

SHAREHOLDERS' FUNDS

43,722

113,706

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 27 March 2018 and were signed by:

H M Pitcher OBE - Director

1.	STATUTORY INFORMATION

Kids Out Trading 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Transition to Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK

and Republic of Ireland"

The financial statements for the year ended 30 June 2017 are the first financial statements prepared in

accordance with FRS 102 Section 1A "Small Entities". No amendments to previous year figures have been

required as a result of the change.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2016

10,602

Additions

4,767

Disposals

(10,602

)

At 30 June 2017

4,767

DEPRECIATION

At 1 July 2016

10,602

Charge for year

132

Eliminated on disposal

(10,602

)

At 30 June 2017

132

NET BOOK VALUE

At 30 June 2017

4,635

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

as restated

£

£

Trade debtors

67,380

63,895

Other debtors

2,846

6,042

70,226

69,937

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

as restated

£

£

Trade creditors

52,913

57,167

Amounts owed to group undertakings

14,024

62,944

Taxation and social security

-

15,448

Other creditors

37,469

31,140

104,406

166,699

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

The Report of the Auditors was unqualified.

Jill Andrews BA FCA (Senior Statutory Auditor)

for and on behalf of Ashbys Chartered Accountants

9.	RELATED PARTY DISCLOSURES

The director is also a trustee of Kids Out UK, a registered charity. All trading by the company is carried out on

behalf of the charity. The company paid the charity a management charge for costs incurred on its behalf of

£45,000 (2016 - £45,000).

The registered office of Kids Out UK (the parent of the smallest group for which consolidated financial

statements are drawn up) is 14 Church Square, Leighton Buzzard, Bedfordshire, LU7 1AE.

10.	POST BALANCE SHEET EVENTS

A payment under gift aid amounting to £39,398 has been made since the year end but prior to the date of

approval of the financial statements.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Kids Out UK, a registered charity.