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REGISTERED NUMBER: 06400661 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

K2 Training Services Limited

K2 Training Services Limited (Registered number: 06400661)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


K2 Training Services Limited

Company Information
for the Year Ended 31 October 2024







DIRECTOR: Mrs D E Kuhr-Jones





SECRETARY: D M Kuhr-Jones





REGISTERED OFFICE: The Deep Business Centre
Tower Street
Hull
East Yorkshire
HU1 4BG





REGISTERED NUMBER: 06400661 (England and Wales)






K2 Training Services Limited (Registered number: 06400661)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 102 133

CURRENT ASSETS
Debtors 5 14,099 22,797
Cash at bank 29,638 33,046
43,737 55,843
CREDITORS
Amounts falling due within one year 6 10,662 21,948
NET CURRENT ASSETS 33,075 33,895
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,177

34,028

PROVISIONS FOR LIABILITIES 19 217
NET ASSETS 33,158 33,811

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 33,156 33,809
33,158 33,811

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 13 January 2025 and were signed by:



Mrs D E Kuhr-Jones - Director


K2 Training Services Limited (Registered number: 06400661)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

K2 Training Services 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 presentation currency of the financial statements is the Pound Sterling (£).


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.
Plant and machinery - 33% on cost
Fixtures and fittings - 15% on reducing balance

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 1 (2023 - NIL ) .

K2 Training Services Limited (Registered number: 06400661)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 November 2023
and 31 October 2024 25,218 1,621 26,839
DEPRECIATION
At 1 November 2023 25,205 1,501 26,706
Charge for year 13 18 31
At 31 October 2024 25,218 1,519 26,737
NET BOOK VALUE
At 31 October 2024 - 102 102
At 31 October 2023 13 120 133

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 11,022 19,720
Other debtors 3,077 3,077
14,099 22,797

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 1,527 1,448
Taxation and social security 3,827 17,176
Other creditors 5,308 3,324
10,662 21,948