REGISTERED NUMBER: 14548267 (England and Wales)

Key Healthcare Staffing Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J L Hill

REGISTERED OFFICE:

Sterling House

97 Lichfield Street

Tamworth

Staffordshire

B79 7QF

REGISTERED NUMBER:

14548267 (England and Wales)

ACCOUNTANTS:

TC Group

Sterling House

97 Lichfield Street

Tamworth

Staffordshire

B79 7QF

FIXED ASSETS

Tangible assets

4

2,263

1,937

CURRENT ASSETS

Debtors

5

95,054

63,177

Cash at bank

3,889

2,257

98,943

65,434

CREDITORS

Amounts falling due within one year

6

139,869

65,461

NET CURRENT LIABILITIES

(40,926

)

(27

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(38,663

)

1,910

PROVISIONS FOR LIABILITIES

566

368

NET (LIABILITIES)/ASSETS

(39,229

)

1,542

CAPITAL AND RESERVES

Called up share capital

7

200

200

Retained earnings

(39,429

)

1,342

SHAREHOLDERS' FUNDS

(39,229

)

1,542

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 26 June 2025 and were signed by:

J L Hill - Director

1.	STATUTORY INFORMATION

Key Healthcare Staffing 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 etc

-

33% on 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.

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 2 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

2,258

Additions

1,120

At 31 March 2025

3,378

DEPRECIATION

At 1 April 2024

321

Charge for year

794

At 31 March 2025

1,115

NET BOOK VALUE

At 31 March 2025

2,263

At 31 March 2024

1,937

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

84,553

50,204

Amounts owed by associates

-

667

Other debtors

10,501

12,306

95,054

63,177

Trade debtors are factored. Factored debt advances are included within creditors.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

13,906

7,375

Amounts owed to associates

27,473

-

Taxation and social security

5,824

63

Other creditors

92,666

58,023

139,869

65,461

Other creditors includes factored debts advances amounting to £39,325 (2024 - £9.697).

The factoring company has a fixed and floating charge over all the assets of the company.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

A Ordinary shares

£1

100

100

100

B Ordinary shares

£1

100

100

200

200

8.	RELATED PARTY DISCLOSURES

Other creditors includes an amount of £36,808 (2024 - £36,800) due to J L Hill the director of the company. The loan has no fixed payment period and is interest free.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is J L Hill.

10.	GOING CONCERN

The financial statements have been prepared on a going concern basis. The balance sheet shows a position of net deficit as at 31 March 2025. The company relies on the continued financial support of the shareholders, creditors and bankers to continue trading.