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REGISTERED NUMBER: 06995645 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

K10 Apprenticeships Ltd

K10 Apprenticeships Ltd (Registered number: 06995645)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


K10 Apprenticeships Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTORS: L G Large
P Ruddick
A Sapey





SECRETARY:





REGISTERED OFFICE: The Metal Box Factory Business Centre
Great Guildford Street
London
SE1 0HS





REGISTERED NUMBER: 06995645 (England and Wales)





ACCOUNTANTS: 1st Step Management Services Limited
Unit 21
1-2 Davy Road
Clacton on Sea
Essex
CO15 4XD

K10 Apprenticeships Ltd (Registered number: 06995645)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 17,056 25,666
Investments 5 100 100
17,156 25,766

CURRENT ASSETS
Debtors 6 852,469 784,229
Cash in hand 121,374 40,079
973,843 824,308
CREDITORS
Amounts falling due within one year 7 446,852 462,306
NET CURRENT ASSETS 526,991 362,002
TOTAL ASSETS LESS CURRENT
LIABILITIES

544,147

387,768

PROVISIONS FOR LIABILITIES 1,252 1,252
NET ASSETS 542,895 386,516

CAPITAL AND RESERVES
Called up share capital 222 222
Share premium 534,956 534,956
Retained earnings 7,717 (148,662 )
542,895 386,516

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

K10 Apprenticeships Ltd (Registered number: 06995645)

Balance Sheet - continued
30 September 2024


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 Board of Directors and authorised for issue on 16 June 2025 and were signed on its behalf by:





P Ruddick - Director


K10 Apprenticeships Ltd (Registered number: 06995645)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

K10 Apprenticeships 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 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

K10 Apprenticeships Ltd (Registered number: 06995645)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

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 152 (2023 - 126 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2023 31,268 40,422 71,690
Additions - 1,538 1,538
Disposals (4,482 ) (25,497 ) (29,979 )
At 30 September 2024 26,786 16,463 43,249
DEPRECIATION
At 1 October 2023 12,011 34,013 46,024
Charge for year 6,390 2,040 8,430
Eliminated on disposal (4,482 ) (23,779 ) (28,261 )
At 30 September 2024 13,919 12,274 26,193
NET BOOK VALUE
At 30 September 2024 12,867 4,189 17,056
At 30 September 2023 19,257 6,409 25,666

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakin
£   
COST
At 1 October 2023
and 30 September 2024 100
NET BOOK VALUE
At 30 September 2024 100
At 30 September 2023 100

K10 Apprenticeships Ltd (Registered number: 06995645)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

6. DEBTORS
30.9.24 30.9.23
£    £   
Amounts falling due within one year:
Trade debtors 539,715 494,415
Other debtors 286,358 263,398
826,073 757,813

Amounts falling due after more than one year:
Tax 26,396 26,416

Aggregate amounts 852,469 784,229

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 18,861 50,885
Amounts owed to group undertakings 100 100
Tax 3,953 -
Social security and other taxes 247,560 185,952
Other creditors 176,378 225,369
446,852 462,306