REGISTERED NUMBER: 03145498 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

KAF Professional Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs Christine Ann Buxton

Mrs Jane Elizabeth Fardon

SECRETARY:

Mrs Lynda Rands

REGISTERED OFFICE:

Osborne House

47 Snaithing Lane

Sheffield

South Yorkshire

S10 3LF

REGISTERED NUMBER:

03145498 (England and Wales)

INDEPENDENT AUDITORS:

Landin Wilcock & Co

Statutory Auditor

68 Queen Street

Sheffield

South Yorkshire

S1 1WR

BANKERS:

Lloyds Bank plc

1 High Street

Sheffield

South Yorkshire

S1 2GA

SOLICITORS:

Knights plc

1 St Paul's Place

Sheffield

South Yorkshire

S1 2JF

CURRENT ASSETS

Debtors

4

11,560

18,165

Cash at bank and in hand

17,971

7,740

29,531

25,905

CREDITORS

Amounts falling due within one year

5

(1,467

)

(4,306

)

NET CURRENT ASSETS

28,064

21,599

TOTAL ASSETS LESS CURRENT LIABILITIES

28,064

21,599

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

28,062

21,597

28,064

21,599

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 18 August 2025 and were signed on its behalf by:

Mrs Christine Ann Buxton - Director

1.	STATUTORY INFORMATION

KAF Professional 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

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

Financial instruments

Financial assets and financial liabilities are recognised when the company becomes party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the asset of the company after deducting all of its liabilities.

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.

Gift aid payment to parent charity

The company pays all its taxable profits for the reporting period to its parent charity under the gift aid scheme. These gift aid payments are recognised as distributions to owners in equity within retained earnings.

At the reporting date there was no legal obligation in place for the company to make this gift aid payment, although prior to the reporting date the board had indicated its intention to pay the taxable profits to the parent charity in respect of the reporting period. The payment is expected to be made within 9 months of the end of the reporting date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

-

9,269

Amounts owed by group undertakings

11,560

8,896

11,560

18,165

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Taxation and social security

556

556

Other creditors

911

3,750

1,467

4,306

6.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Tom Henshaw (Senior Statutory Auditor)

for and on behalf of Landin Wilcock & Co

7.	ULTIMATE CONTROLLING PARTY

The company's immediate parent is Kings Active Foundation, incorporated in England & Wales. The company's results have been consolidated into the group accounts which are available at:

Kings Active Foundation

Osborne House

47 Snaithing Lane

Sheffield

South Yorkshire

S10 3LF