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REGISTERED NUMBER: 03387664 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

KEITS TRAINING SERVICES LTD

KEITS TRAINING SERVICES LTD (REGISTERED NUMBER: 03387664)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KEITS TRAINING SERVICES LTD

COMPANY INFORMATION
for the Year Ended 31 March 2025







DIRECTOR: D J Rose





REGISTERED OFFICE: 10 London Mews
Paddington
LONDON
W2 1HY





REGISTERED NUMBER: 03387664 (England and Wales)





ACCOUNTANTS: Stein Richards
Chartered Accountants
10 London Mews
London
W21HY

KEITS TRAINING SERVICES LTD (REGISTERED NUMBER: 03387664)

BALANCE SHEET
31 March 2025

31.3.25 31.3.24
Notes £    £   
CURRENT ASSETS
Stocks 527 -
Debtors 4 222,016 211,370
Cash at bank 218,519 259,118
441,062 470,488
CREDITORS
Amounts falling due within one year 5 134,792 151,298
NET CURRENT ASSETS 306,270 319,190
TOTAL ASSETS LESS CURRENT
LIABILITIES

306,270

319,190

CREDITORS
Amounts falling due after more than one
year

6

-

47,727
NET ASSETS 306,270 271,463

CAPITAL AND RESERVES
Called up share capital 8 46 46
Retained earnings 306,224 271,417
SHAREHOLDERS' FUNDS 306,270 271,463

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 20 June 2025 and were signed by:



D J Rose - Director


KEITS TRAINING SERVICES LTD (REGISTERED NUMBER: 03387664)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

KEITS Training Services Ltd 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.

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 represents apprenticeship and traineeship funding together with other related commercial income receivable in the year net of discounts and VAT.

Rendering of services

Revenue for providing services are recognised in the period to which they relate.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors and loans to related parties.

The basic financial debtors and liabilities as listed above are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future payments / receipts discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment. An impairment review is undertaken annually at the balance sheet date.

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 38 (2024 - 41 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 201,197 191,094
Other debtors 20,819 20,276
222,016 211,370

KEITS TRAINING SERVICES LTD (REGISTERED NUMBER: 03387664)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts - 40,909
Trade creditors 18,787 22,011
Taxation and social security 69,308 44,591
Other creditors 46,697 43,787
134,792 151,298

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans - 47,727

7. SECURED DEBTS

Lloyds bank holds a fixed and floating charge over the companies assets .

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
46 Ordinary £1 46 46

9. OTHER FINANCIAL COMMITMENTS

Operating lease commitments not included in the balance sheet amount to £23,450 (2024 - £21,709).

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25 31.3.24
£    £   
D J Rose
Balance outstanding at start of year - 128,358
Amounts repaid - (128,358 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -