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REGISTERED NUMBER: 00461171 (England and Wales)





















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Kaylee Transfers Limited

Kaylee Transfers Limited (Registered number: 00461171)






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




Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


Kaylee Transfers Limited (Registered number: 00461171)

Abridged Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 132,474 157,433
Investments 6 1,054,334 928,458
1,186,808 1,085,891

CURRENT ASSETS
Stocks 155,776 171,084
Debtors 302,718 551,309
Cash at bank and in hand 1,937,859 1,613,494
2,396,353 2,335,887
CREDITORS
Amounts falling due within one year 530,503 589,374
NET CURRENT ASSETS 1,865,850 1,746,513
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,052,658

2,832,404

PROVISIONS FOR LIABILITIES 138,354 112,102
NET ASSETS 2,914,304 2,720,302

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Fair value reserve 7 454,334 328,458
Retained earnings 7 2,449,970 2,381,844
SHAREHOLDERS' FUNDS 2,914,304 2,720,302

Kaylee Transfers Limited (Registered number: 00461171)

Abridged Balance Sheet - continued
31 December 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2025 and were signed on its behalf by:





R I Hardiker - Director


Kaylee Transfers Limited (Registered number: 00461171)

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

1. STATUTORY INFORMATION

Kaylee Transfers Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 00461171

Registered office: New Tythe Street
Long Eaton
Nottinghamshire
NG10 2DL

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


Kaylee Transfers Limited (Registered number: 00461171)

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

2. ACCOUNTING POLICIES - continued
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.

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.

Fixed asset investments
Fixed asset investments represents a unit linked investment and is held at fair value. Any change in fair value is recognised in the profit and loss account. The fair value is determined by the valuation provided by the investment company as at 31 December 2020.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 26 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024
and 31 December 2024 134,500
AMORTISATION
At 1 January 2024
and 31 December 2024 134,500
NET BOOK VALUE

At 31 December 2024 -
At 31 December 2023 -

Kaylee Transfers Limited (Registered number: 00461171)

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

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024 2,100,757
Additions 560
Disposals (9,665 )
At 31 December 2024 2,091,652
DEPRECIATION
At 1 January 2024 1,943,324
Charge for year 24,793
Eliminated on disposal (8,939 )
At 31 December 2024 1,959,178
NET BOOK VALUE
At 31 December 2024 132,474
At 31 December 2023 157,433

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST OR VALUATION
At 1 January 2024 928,458
Revaluations 125,876
At 31 December 2024 1,054,334
NET BOOK VALUE
At 31 December 2024 1,054,334
At 31 December 2023 928,458

Cost or valuation at 31 December 2024 is represented by:
Totals
£   
Valuation in 2016 600,000
Valuation in 2017 77,909
Valuation in 2018 (37,587 )
Valuation in 2019 120,026
Valuation in 2020 18,200
Valuation in 2021 118,865
Valuation in 2022 (63,432 )
Valuation in 2023 94,477
Valuation in 2024 125,876
1,054,334

Kaylee Transfers Limited (Registered number: 00461171)

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

6. FIXED ASSET INVESTMENTS - continued

If Listed shares had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 600,000 600,000

Listed shares were valued on an open market basis on 31 December 2022 by St James Place Wealth Management .

7. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 January 2024 2,381,844 328,458 2,710,302
Profit for the year 298,873 298,873
Dividends (104,871 ) (104,871 )
Revaluation (125,876 ) 125,876 -
At 31 December 2024 2,449,970 454,334 2,904,304