REGISTERED NUMBER: 04576462 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

K & M SPORTS EVENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M J Mace

REGISTERED OFFICE:

39 The Philog

Whitchurch

Cardiff

CF14 1DZ

REGISTERED NUMBER:

04576462 (England and Wales)

ACCOUNTANTS:

Askews Chartered Certified Accountants

5 The Quadrant

Coventry

West Midlands

CV1 2EL

FIXED ASSETS

Tangible assets

4

233

585

CURRENT ASSETS

Debtors

5

4,099

4,099

Cash at bank

70,945

46,904

75,044

51,003

CREDITORS

Amounts falling due within one year

6

81,878

50,431

NET CURRENT (LIABILITIES)/ASSETS

(6,834

)

572

TOTAL ASSETS LESS CURRENT LIABILITIES

(6,601

)

1,157

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(6,603

)

1,155

(6,601

)

1,157

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 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 25 September 2025 and were signed by:

M J Mace - Director

1.	STATUTORY INFORMATION

K & M Sports Events 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.

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.

Plant and machinery

-

33% per annum of cost

Fixtures and fittings

-

33% per annum of cost

Motor vehicles

-

33% per annum of cost

Computer equipment

-

33% per annum of 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

and 31 December 2024

62,063

3,095

3,000

5,277

73,435

DEPRECIATION

At 1 January 2024

62,063

3,095

3,000

4,692

72,850

Charge for year

-

-

-

352

352

At 31 December 2024

62,063

3,095

3,000

5,044

73,202

NET BOOK VALUE

At 31 December 2024

-

-

-

233

233

At 31 December 2023

-

-

-

585

585

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

4,099

4,099

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

3,001

486

Taxation and social security

8,067

6,182

Other creditors

70,810

43,763

81,878

50,431

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

M J Mace

Balance outstanding at start of year

(31,418

)

(464

)

Amounts advanced

2,742

17,061

Amounts repaid

-

(48,015

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(28,676

)

(31,418

)