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REGISTERED NUMBER: 08674715 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

KJT Athletic Limited

KJT Athletic Limited (Registered number: 08674715)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

KJT Athletic Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Miss K M Johnson-Thompson
Ms T E Johnson





REGISTERED OFFICE: Barnston House
Beacon Lane
Heswall
Wirral
CH60 0EE





REGISTERED NUMBER: 08674715 (England and Wales)





ACCOUNTANTS: Dufton Kellner Limited
Chartered Accountants
Barnston House
Beacon Lane
Heswall
Wirral
Merseyside
CH60 0EE

KJT Athletic Limited (Registered number: 08674715)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 55,501 4,425

CURRENT ASSETS
Debtors 5 543,922 621,537
Cash at bank 1,552,884 1,533,026
2,096,806 2,154,563
CREDITORS
Amounts falling due within one year 6 158,576 228,247
NET CURRENT ASSETS 1,938,230 1,926,316
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,993,731

1,930,741

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,993,631 1,930,641
SHAREHOLDERS' FUNDS 1,993,731 1,930,741

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 19 October 2023 and were signed on its behalf by:





Miss K M Johnson-Thompson - Director


KJT Athletic Limited (Registered number: 08674715)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

KJT Athletic 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.

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.

Pension costs 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 13,262
Additions 63,990
At 31 March 2023 77,252
DEPRECIATION
At 1 April 2022 8,837
Charge for year 12,914
At 31 March 2023 21,751
NET BOOK VALUE
At 31 March 2023 55,501
At 31 March 2022 4,425

KJT Athletic Limited (Registered number: 08674715)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. DEBTORS
31.3.23 31.3.22
£    £   
Amounts falling due within one year:
Trade debtors 61,917 202,000
Director's loan account 382,075 298,144
Prepayments and accrued income 15,208 68,333
459,200 568,477

Amounts falling due after more than one year:
S455 tax recoverable 84,722 53,060

Aggregate amounts 543,922 621,537

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 148 146
Corporation tax 76,648 129,323
VAT 11,806 45,537
Director's loan account 40 -
Deferred income 62,500 30,000
Accrued expenses 7,434 23,241
158,576 228,247

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2023 and 31 March 2022:

31.3.23 31.3.22
£    £   
Miss K M Johnson-Thompson
Balance outstanding at start of year 288,219 293,276
Amounts advanced 228,353 181,185
Amounts repaid (134,496 ) (186,242 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 382,076 288,219

Ms T E Johnson
Balance outstanding at start of year 9,925 (2,974 )
Amounts advanced - 12,899
Amounts repaid (9,965 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (40 ) 9,925

The loans due from the directors to/(from) the company are unsecured, interest free and repayable on demand.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
KJT Athletic Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of KJT Athletic Limited for the year ended 31 March 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of KJT Athletic Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of KJT Athletic Limited and state those matters that we have agreed to state to the Board of Directors of KJT Athletic Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than KJT Athletic Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that KJT Athletic Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of KJT Athletic Limited. You consider that KJT Athletic Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of KJT Athletic Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Dufton Kellner Limited
Chartered Accountants
Barnston House
Beacon Lane
Heswall
Wirral
Merseyside
CH60 0EE


19 October 2023