KEY LYNX CIC

Company limited by guarantee

Company Registration Number:
12335161 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

KEY LYNX CIC

Contents of the Financial Statements

for the Period Ended 30 November 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

KEY LYNX CIC

Directors' report period ended 30 November 2024

The directors present their report with the financial statements of the company for the period ended 30 November 2024

Principal activities of the company

The company's principal activity during the year continued to be other accommodation and other residential care activities not elsewhere classified.



Directors

The directors shown below have held office during the whole of the period from
1 December 2023 to 30 November 2024

D A Jones
Lauryn T Murombe


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
23 July 2025

And signed on behalf of the board by:
Name: D A Jones
Status: Director

KEY LYNX CIC

Profit And Loss Account

for the Period Ended 30 November 2024

2024 2023


£

£
Turnover: 124,030 106,533
Gross profit(or loss): 124,030 106,533
Administrative expenses: ( 125,122 ) ( 108,978 )
Operating profit(or loss): (1,092) (2,445)
Interest payable and similar charges: ( 2 )
Profit(or loss) before tax: (1,094) (2,445)
Tax: ( 9 ) 259
Profit(or loss) for the financial year: (1,103) (2,186)

KEY LYNX CIC

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 330 471
Total fixed assets: 330 471
Current assets
Debtors: 4 2,318 2,214
Cash at bank and in hand: 1,303 858
Total current assets: 3,621 3,072
Creditors: amounts falling due within one year: 5 ( 3,675 ) ( 2,164 )
Net current assets (liabilities): (54) 908
Total assets less current liabilities: 276 1,379
Total net assets (liabilities): 276 1,379
Members' funds
Profit and loss account: 276 1,379
Total members' funds: 276 1,379

The notes form part of these financial statements

KEY LYNX CIC

Balance sheet statements

For the year ending 30 November 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 27 August 2025
and signed on behalf of the board by:

Name: D A Jones
Status: Director

The notes form part of these financial statements

KEY LYNX CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Plant and machinery 33.33% straight Line method Fixtures, fittings, tools and equipment 25% reducing balance method

    Other accounting policies

    Creditors Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Debtors Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Taxation A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

KEY LYNX CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

KEY LYNX CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2023 512 512
Additions
Disposals
Revaluations
Transfers
At 30 November 2024 512 512
Depreciation
At 1 December 2023 41 41
Charge for year 141 141
On disposals
Other adjustments
At 30 November 2024 182 182
Net book value
At 30 November 2024 330 330
At 30 November 2023 471 471

KEY LYNX CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Debtors

2024 2023
£ £
Other debtors 2,318 2,214
Total 2,318 2,214

KEY LYNX CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 2,305 1,294
Accruals and deferred income 1,370 870
Total 3,675 2,164

KEY LYNX CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

6. Loans to directors

Name of director receiving advance or credit:
Description of the transaction:
The current year drawing is only 103.17 some pvt expenses wrongly paid by company card. Director will repay this soon.
£
Balance at 30 November 2023 2,214
Advances or credits made: 104
Advances or credits repaid:
Balance at 30 November 2024 2,318

COMMUNITY INTEREST ANNUAL REPORT

KEY LYNX CIC

Company Number: 12335161 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

The company provides resedential homes to businesses and charities who want a place for the elderly and other people who need care services.

Consultation with stakeholders

Company consulted with its customers, suppliers and directors to ensure the efficiency and quality of services it is providing.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
27 August 2025

And signed on behalf of the board by:
Name: Mr D A Jones
Status: Director