2023-01-012023-12-312023-12-31false13436175KIN FOOTBALL LIMITED2024-09-0670229iso4217:GBPxbrli:pure134361752023-01-01134361752023-12-31134361752023-01-012023-12-31134361752022-01-01134361752022-12-31134361752022-01-012022-12-3113436175bus:SmallEntities2023-01-012023-12-3113436175bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3113436175bus:FullAccounts2023-01-012023-12-3113436175bus:PrivateLimitedCompanyLtd2023-01-012023-12-3113436175core:WithinOneYear2023-12-3113436175core:AfterOneYear2023-12-3113436175core:WithinOneYear2022-12-3113436175core:AfterOneYear2022-12-3113436175core:ShareCapital2023-12-3113436175core:SharePremium2023-12-3113436175core:RevaluationReserve2023-12-3113436175core:OtherReservesSubtotal2023-12-3113436175core:RetainedEarningsAccumulatedLosses2023-12-3113436175core:ShareCapital2022-12-3113436175core:SharePremium2022-12-3113436175core:RevaluationReserve2022-12-3113436175core:OtherReservesSubtotal2022-12-3113436175core:RetainedEarningsAccumulatedLosses2022-12-3113436175core:LandBuildings2023-12-3113436175core:PlantMachinery2023-12-3113436175core:Vehicles2023-12-3113436175core:FurnitureFittings2023-12-3113436175core:OfficeEquipment2023-12-3113436175core:NetGoodwill2023-12-3113436175core:IntangibleAssetsOtherThanGoodwill2023-12-3113436175core:ListedExchangeTraded2023-12-3113436175core:UnlistedNon-exchangeTraded2023-12-3113436175core:LandBuildings2022-12-3113436175core:PlantMachinery2022-12-3113436175core:Vehicles2022-12-3113436175core:FurnitureFittings2022-12-3113436175core:OfficeEquipment2022-12-3113436175core:NetGoodwill2022-12-3113436175core:IntangibleAssetsOtherThanGoodwill2022-12-3113436175core:ListedExchangeTraded2022-12-3113436175core:UnlistedNon-exchangeTraded2022-12-3113436175core:LandBuildings2023-01-012023-12-3113436175core:PlantMachinery2023-01-012023-12-3113436175core:Vehicles2023-01-012023-12-3113436175core:FurnitureFittings2023-01-012023-12-3113436175core:OfficeEquipment2023-01-012023-12-3113436175core:NetGoodwill2023-01-012023-12-3113436175core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3113436175core:ListedExchangeTraded2023-01-012023-12-3113436175core:UnlistedNon-exchangeTraded2023-01-012023-12-3113436175core:MoreThanFiveYears2023-01-012023-12-3113436175core:Non-currentFinancialInstruments2023-12-3113436175core:Non-currentFinancialInstruments2022-12-3113436175dpl:CostSales2023-01-012023-12-3113436175dpl:DistributionCosts2023-01-012023-12-3113436175core:LandBuildings2023-01-012023-12-3113436175core:PlantMachinery2023-01-012023-12-3113436175core:Vehicles2023-01-012023-12-3113436175core:FurnitureFittings2023-01-012023-12-3113436175core:OfficeEquipment2023-01-012023-12-3113436175dpl:AdministrativeExpenses2023-01-012023-12-3113436175core:NetGoodwill2023-01-012023-12-3113436175core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3113436175dpl:GroupUndertakings2023-01-012023-12-3113436175dpl:ParticipatingInterests2023-01-012023-12-3113436175dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3113436175core:ListedExchangeTraded2023-01-012023-12-3113436175dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3113436175core:UnlistedNon-exchangeTraded2023-01-012023-12-3113436175dpl:CostSales2022-01-012022-12-3113436175dpl:DistributionCosts2022-01-012022-12-3113436175core:LandBuildings2022-01-012022-12-3113436175core:PlantMachinery2022-01-012022-12-3113436175core:Vehicles2022-01-012022-12-3113436175core:FurnitureFittings2022-01-012022-12-3113436175core:OfficeEquipment2022-01-012022-12-3113436175dpl:AdministrativeExpenses2022-01-012022-12-3113436175core:NetGoodwill2022-01-012022-12-3113436175core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3113436175dpl:GroupUndertakings2022-01-012022-12-3113436175dpl:ParticipatingInterests2022-01-012022-12-3113436175dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3113436175core:ListedExchangeTraded2022-01-012022-12-3113436175dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3113436175core:UnlistedNon-exchangeTraded2022-01-012022-12-3113436175core:NetGoodwill2023-12-3113436175core:IntangibleAssetsOtherThanGoodwill2023-12-3113436175core:LandBuildings2023-12-3113436175core:PlantMachinery2023-12-3113436175core:Vehicles2023-12-3113436175core:FurnitureFittings2023-12-3113436175core:OfficeEquipment2023-12-3113436175core:AfterOneYear2023-12-3113436175core:WithinOneYear2023-12-3113436175core:ListedExchangeTraded2023-12-3113436175core:UnlistedNon-exchangeTraded2023-12-3113436175core:ShareCapital2023-12-3113436175core:SharePremium2023-12-3113436175core:RevaluationReserve2023-12-3113436175core:OtherReservesSubtotal2023-12-3113436175core:RetainedEarningsAccumulatedLosses2023-12-3113436175core:NetGoodwill2022-12-3113436175core:IntangibleAssetsOtherThanGoodwill2022-12-3113436175core:LandBuildings2022-12-3113436175core:PlantMachinery2022-12-3113436175core:Vehicles2022-12-3113436175core:FurnitureFittings2022-12-3113436175core:OfficeEquipment2022-12-3113436175core:AfterOneYear2022-12-3113436175core:WithinOneYear2022-12-3113436175core:ListedExchangeTraded2022-12-3113436175core:UnlistedNon-exchangeTraded2022-12-3113436175core:ShareCapital2022-12-3113436175core:SharePremium2022-12-3113436175core:RevaluationReserve2022-12-3113436175core:OtherReservesSubtotal2022-12-3113436175core:RetainedEarningsAccumulatedLosses2022-12-3113436175core:NetGoodwill2022-01-0113436175core:IntangibleAssetsOtherThanGoodwill2022-01-0113436175core:LandBuildings2022-01-0113436175core:PlantMachinery2022-01-0113436175core:Vehicles2022-01-0113436175core:FurnitureFittings2022-01-0113436175core:OfficeEquipment2022-01-0113436175core:AfterOneYear2022-01-0113436175core:WithinOneYear2022-01-0113436175core:ListedExchangeTraded2022-01-0113436175core:UnlistedNon-exchangeTraded2022-01-0113436175core:ShareCapital2022-01-0113436175core:SharePremium2022-01-0113436175core:RevaluationReserve2022-01-0113436175core:OtherReservesSubtotal2022-01-0113436175core:RetainedEarningsAccumulatedLosses2022-01-0113436175core:AfterOneYear2023-01-012023-12-3113436175core:WithinOneYear2023-01-012023-12-3113436175core:Non-currentFinancialInstrumentscore:CostValuation2023-01-012023-12-3113436175core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-01-012023-12-3113436175core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-01-012023-12-3113436175core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-01-012023-12-3113436175core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-01-012023-12-3113436175core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-01-012023-12-3113436175core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3113436175core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3113436175core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3113436175core:Non-currentFinancialInstrumentscore:CostValuation2023-12-3113436175core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-12-3113436175core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-12-3113436175core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-12-3113436175core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-12-3113436175core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-12-3113436175core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-12-3113436175core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-12-3113436175core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-12-3113436175core:Non-currentFinancialInstrumentscore:CostValuation2022-12-3113436175core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-12-3113436175core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-12-3113436175core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-12-3113436175core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-12-3113436175core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-12-3113436175core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-12-3113436175core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-12-3113436175core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-12-3113436175bus:Director12023-01-012023-12-3113436175bus:Director22023-01-012023-12-3113436175bus:Director32023-01-012023-12-31

KIN FOOTBALL LIMITED

Registered Number
13436175
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

KIN FOOTBALL LIMITED
Company Information
for the year from 1 January 2023 to 31 December 2023

Directors

Ilhan Gundogan
Timucin Kaan
Onur Yegenoglu

Registered Address

Soho Works White City 2 Television Centre
101 Wood Ln
London
W12 7FA

Registered Number

13436175 (England and Wales)
KIN FOOTBALL LIMITED
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets32,093-
2,093-
Current assets
Debtors154,83397,136
Cash at bank and on hand11,179214,271
166,012311,407
Creditors amounts falling due within one year4(961,664)(938,762)
Net current assets (liabilities)(795,652)(627,355)
Total assets less current liabilities(793,559)(627,355)
Net assets(793,559)(627,355)
Capital and reserves
Profit and loss account(793,559)(627,355)
Shareholders' funds(793,559)(627,355)
The financial statements were approved and authorised for issue by the Board of Directors on 6 September 2024, and are signed on its behalf by:
Timucin Kaan
Director
Registered Company No. 13436175
KIN FOOTBALL LIMITED
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Office Equipment25
2.Average number of employees

20232022
Average number of employees during the year45
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
Additions2,7902,790
At 31 December 232,7902,790
Depreciation and impairment
Charge for year697697
At 31 December 23697697
Net book value
At 31 December 232,0932,093
At 31 December 22--
4.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables25,07246,133
Bank borrowings and overdrafts42-
Taxation and social security7,9351,676
Other creditors795,650369,869
Accrued liabilities and deferred income132,965521,084
Total961,664938,762
5.Creditors: amounts due after one year