KTF SOC CIC

Company limited by guarantee

Company Registration Number:
13845239 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 12 January 2022

End date: 31 January 2023

KTF SOC CIC

Contents of the Financial Statements

for the Period Ended 31 January 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

KTF SOC CIC

Directors' report period ended 31 January 2023

The directors present their report with the financial statements of the company for the period ended 31 January 2023

Principal activities of the company

The company’s activities are available for all members of the public to access regardless of race, ethnicity, gender, sexuality, and religion.We benefit hard to reach, dis-engaged and marginalised groups that struggle in employment and education and people livening in poverty and homelessness.We also aim to reach children, young people and adults who face day to day struggles, be that deprivation, gang culture, drugs/substance abuse, domestic violence, homelessness etc.We assist communities by providing vital services and support to remove disadvantages. Our company benefits those living in the West Midlands, with a focus on inner-city Birmingham. Empower young people to create more resilient individuals.By educating the young people to be more resilient, it will allow them to make the right decisions. Our communities are rife with gang, knife, and drug issues. The company will be developing several interventions to help educate the young people NOT to take the wrong path which could lead to a life of crime. This will benefit the community by having less crime and reducing the financial resources in local policing and ultimately the criminal justice system.Empower women of all ages, races, backgrounds, and religions to speak up about domestic violence.Since the lockdowns, domestic violence rates have increased. Various workshops and interventions will be implemented to help women to speak up about their circumstances, but also knowing what to do, if or, when they become a victim of domestic violence.The company is being set up to provide training courses, employment opportunities, support services to target homelessness, isolation, and crime prevention. All members of the community, young people and adults will have an exciting and safe place, for recreation and to express themselves. Promote health and wellbeing through physical exercise via our access to local gyms and fitness centres. These activities improve physical health: gaining confidence: reduce stress and anxiety: improve mental health and state of mind, as well as increase fitness, reduce obesity and encourage healthier lifestyles, increase social contact, peer interaction and skills.Also, these activities provide opportunities for learning and education. Mentoring, coaching, and relationship building, providing support and advice through appropriate role models and mentors. Individuals engaging will have positive role models and mentors to look up to and learn from which will instil justified confidence and reduce stress, anxiety and alleviate social issues. If the company makes any surplus, it will be invested back into the business to be able to facilitate the positive development of more disadvantaged people.



Directors

The directors shown below have held office during the whole of the period from
12 January 2022 to 31 January 2023

Howard Brown
Kashmir Singh Gill
Lisa Froggatt
Rachael Mitchell


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
15 November 2023

And signed on behalf of the board by:
Name: Kashmir Singh Gill
Status: Director

KTF SOC CIC

Profit And Loss Account

for the Period Ended 31 January 2023

13 months to 31 January 2023


£
Turnover: 30,137
Gross profit(or loss): 30,137
Administrative expenses: ( 24,287 )
Operating profit(or loss): 5,850
Profit(or loss) before tax: 5,850
Profit(or loss) for the financial year: 5,850

KTF SOC CIC

Balance sheet

As at 31 January 2023

Notes 13 months to 31 January 2023


£
Current assets
Cash at bank and in hand: 6,099
Total current assets: 6,099
Creditors: amounts falling due within one year: 3 ( 250 )
Net current assets (liabilities): 5,849
Total assets less current liabilities: 5,849
Accruals and deferred income: ( 5,849 )
Total net assets (liabilities): 0
Members' funds
Profit and loss account: 0
Total members' funds: 0

The notes form part of these financial statements

KTF SOC CIC

Balance sheet statements

For the year ending 31 January 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 15 November 2023
and signed on behalf of the board by:

Name: Kashmir Singh Gill
Status: Director

The notes form part of these financial statements

KTF SOC CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

KTF SOC CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees

    13 months to 31 January 2023
    Average number of employees during the period 4

KTF SOC CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Creditors: amounts falling due within one year note

13 months to 31 January 2023
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 250
Taxation and social security 0
Total 250

COMMUNITY INTEREST ANNUAL REPORT

KTF SOC CIC

Company Number: 13845239 (England and Wales)

Year Ending: 31 January 2023

Company activities and impact

The company’s activities are available for all members of the public to access regardless of race, ethnicity, gender, sexuality, and religion.We benefit hard to reach, dis-engaged and marginalised groups that struggle in employment and education and people livening in poverty and homelessness.We also aim to reach children, young people and adults who face day to day struggles, be that deprivation, gang culture, drugs/substance abuse, domestic violence, homelessness etc.We assist communities by providing vital services and support to remove disadvantages. Our company benefits those living in the West Midlands, with a focus on inner-city Birmingham. Empower young people to create more resilient individuals.By educating the young people to be more resilient, it will allow them to make the right decisions. Our communities are rife with gang, knife, and drug issues. The company will be developing several interventions to help educate the young people NOT to take the wrong path which could lead to a life of crime. This will benefit the community by having less crime and reducing the financial resources in local policing and ultimately the criminal justice system.Empower women of all ages, races, backgrounds, and religions to speak up about domestic violence.Since the lockdowns, domestic violence rates have increased. Various workshops and interventions will be implemented to help women to speak up about their circumstances, but also knowing what to do, if or, when they become a victim of domestic violence.The company is being set up to provide training courses, employment opportunities, support services to target homelessness, isolation, and crime prevention. All members of the community, young people and adults will have an exciting and safe place, for recreation and to express themselves. Promote health and wellbeing through physical exercise via our access to local gyms and fitness centres. These activities improve physical health: gaining confidence: reduce stress and anxiety: improve mental health and state of mind, as well as increase fitness, reduce obesity and encourage healthier lifestyles, increase social contact, peer interaction and skills.Also, these activities provide opportunities for learning and education. Mentoring, coaching, and relationship building, providing support and advice through appropriate role models and mentors. Individuals engaging will have positive role models and mentors to look up to and learn from which will instil justified confidence and reduce stress, anxiety and alleviate social issues. If the company makes any surplus, it will be invested back into the business to be able to facilitate the positive development of more disadvantaged people.

Consultation with stakeholders

We engage with people from all genders, ages and ethnicities aiming to reach children, young people and adults who face day to day struggles, be that deprivation, gang culture, drugs/substance abuse, domestic violence etc.

Directors' remuneration

Directors received remuneration of £11,449 during the year.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
15 November 2023

And signed on behalf of the board by:
Name: K Gill
Status: Director