Oh, dude, a hink-pink for a child playing hide and seek is like... "mini vanishing act." It's when a kid disappears into thin air behind a tiny bush and you're like, "Where did they go?" But don't worry, they're probably just hiding behind a curtain giggling at your terrible seeking skills.
It means to have sexual intercourse or oral sex.
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Hid Kid
You hide so that the seeker cannot find you.
Well it's kind of obvious if you have watched the movie. But to answer the question Peter was counting. For those who don't know who he is, he's the oldest pevensie child in the family.
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It is just a fun by playing "hide and seek" game.