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REGISTERED NUMBER: 10489994 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

K & A PARTNERS LIMITED

K & A PARTNERS LIMITED (REGISTERED NUMBER: 10489994)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


K & A PARTNERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Ms A L Austin
Mrs G M Kirk





REGISTERED OFFICE: 12 Victoria Road
Barnsley
South Yorkshire
S70 2BB





REGISTERED NUMBER: 10489994 (England and Wales)





ACCOUNTANTS: Gibson Booth Limited
12 Victoria Road
Barnsley
South Yorkshire
S70 2BB

K & A PARTNERS LIMITED (REGISTERED NUMBER: 10489994)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 340,000 205,021

CURRENT ASSETS
Cash at bank 20,781 22,401

CREDITORS
Amounts falling due within one year 5 162,256 118,372
NET CURRENT LIABILITIES (141,475 ) (95,971 )
TOTAL ASSETS LESS CURRENT LIABILITIES 198,525 109,050

PROVISIONS FOR LIABILITIES 32,356 -
NET ASSETS 166,169 109,050

CAPITAL AND RESERVES
Called up share capital 6 2 2
Other reserves 102,623 -
Retained earnings 63,544 109,048
SHAREHOLDERS' FUNDS 166,169 109,050

K & A PARTNERS LIMITED (REGISTERED NUMBER: 10489994)

BALANCE SHEET - continued
30 APRIL 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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 and authorised for issue by the Board of Directors and authorised for issue on 28 October 2024 and were signed on its behalf by:





Mrs G M Kirk - Director


K & A PARTNERS LIMITED (REGISTERED NUMBER: 10489994)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

K & A Partners 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 financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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 as modified by the revaluation of certain assets.

Significant judgements and estimates
No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.

Rental income is accounted for on an accruals basis to the period in which it relates.

Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss account.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

K & A PARTNERS LIMITED (REGISTERED NUMBER: 10489994)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023 205,021
Revaluations 134,979
At 30 April 2024 340,000
NET BOOK VALUE
At 30 April 2024 340,000
At 30 April 2023 205,021

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2024 340,000

If investment property had not been revalued it would have been included at the following historical cost:

30.4.24 30.4.23
£    £   
Cost 205,021 -

Investment property was valued on an open market basis on 30 September 2024 by the Directors .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors - 405
Corporation tax 4,339 3,160
VAT 1,177 1,125
Directors' current accounts 156,402 113,682
Accruals and deferred income 338 -
162,256 118,372

K & A PARTNERS LIMITED (REGISTERED NUMBER: 10489994)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
1 A Ordinary £1 1 1
1 B Ordinary £1 1 1
2 2