Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-31falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.5falsetrue2023-09-01No description of principal activity5true 11390826 2023-09-01 2024-08-31 11390826 2022-09-01 2023-08-31 11390826 2024-08-31 11390826 2023-08-31 11390826 c:Director1 2023-09-01 2024-08-31 11390826 d:CurrentFinancialInstruments 2024-08-31 11390826 d:CurrentFinancialInstruments 2023-08-31 11390826 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 11390826 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 11390826 d:ShareCapital 2024-08-31 11390826 d:ShareCapital 2023-08-31 11390826 d:RetainedEarningsAccumulatedLosses 2024-08-31 11390826 d:RetainedEarningsAccumulatedLosses 2023-08-31 11390826 c:FRS102 2023-09-01 2024-08-31 11390826 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 11390826 c:FullAccounts 2023-09-01 2024-08-31 11390826 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 11390826 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 11390826










KEY SPORTS COACHING EXTRA LTD








UNAUDITED

DIRECTOR'S REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

 
KEY SPORTS COACHING EXTRA LTD
REGISTERED NUMBER: 11390826

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
2,491
3,195

Cash at bank and in hand
  
132
3,040

  
2,623
6,235

Creditors: amounts falling due within one year
 5 
(5,688)
(5,214)

Net current (liabilities)/assets
  
 
 
(3,065)
 
 
1,021

Total assets less current liabilities
  
(3,065)
1,021

  

Net (liabilities)/assets
  
(3,065)
1,021


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(3,165)
921

  
(3,065)
1,021


Page 1

 
KEY SPORTS COACHING EXTRA LTD
REGISTERED NUMBER: 11390826
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Mr S R Quinney
Director

Date: 11 December 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
KEY SPORTS COACHING EXTRA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Key Sports Coaching Extra Ltd (“the Company”) is a private company limited by shares, incorporated in England and Wales under the Companies Act. 
The registered number and address of the registered office are given in the company information.
The functional and presentational currency of the Company is pounds sterling (£) and rounded to the nearest whole pound.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The validity of this assumption depends upon an improvement in the company's trading position and continued financial support from its director and shareholders. The financial statements do not include any adjustments that would result if such support is not continuing.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
KEY SPORTS COACHING EXTRA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.4

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of comprehensive income in the same period as the related expenditure.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.


3.


Employees

The average monthly number of employees, including directors, during the year was 5 (2023 - 5)







4.


Debtors

2024
2023
£
£


Trade debtors
2,290
2,595

Amounts owed by group undertakings
-
600

Other debtors
201
-

2,491
3,195


Amounts owed by group undertakings are unsecured, are interest free and repayable on demand.

Page 4

 
KEY SPORTS COACHING EXTRA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,134
1,080

Amounts owed to group undertakings
2,324
-

Corporation tax
-
201

Other creditors
910
2,612

Accruals
1,320
1,321

5,688
5,214


Amounts owed to group undertakings are unsecured, are interest free and repayable on demand.


6.


Controlling party

The company's immediate and ultimate parent company is Key Sports and Coaching Limited, a company incorporated in England and Wales, and holds all of the issued shares in the company. The registered office of Key Sports and Coaching Limited is Bramblewood House, 17a The Village, Orton Longueville, Peterborough, PE2 7DP.


7.


Related party transactions

Included within other creditors is a balance of £NILowed to the director (2023: £2,612). No interest has been charged on this balance. The loan is repayable on demand.  

Page 5