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Company Registration No. 03298583 (England and Wales)
Kiveton Park And Wales Community Development Trust Financial statements for the year ended 31 March 2025
Kiveton Park And Wales Community Development Trust Financial statements Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Kiveton Park And Wales Community Development Trust Company Information for the year ended 31 March 2025
Directors
Kerry Lowe Carolynn Ogden Dominic Beck
Company Number
03298583 (England and Wales)
Registered Office
Old Colliery Offices Colliery Road Kiveton Park Sheffield S26 6LR
Accountants
Mel Revitt Voluntary Action Rotherham Ltd The Spectrum Coke Hill Rotherham S60 2HX
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Kiveton Park And Wales Community Development Trust Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
463,666 
472,541 
Current assets
Debtors
5
6,273 
8,524 
Cash at bank and in hand
265,306 
249,421 
271,579 
257,945 
Creditors: amounts falling due within one year
6
(15,273)
(29,560)
Net current assets
256,306 
228,385 
Net assets
719,972 
700,926 
Reserves
7
Profit and loss account
719,972 
700,926 
Members' funds
719,972 
700,926 
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 December 2025 and were signed on its behalf by
Dominic Beck Director Company Registration No. 03298583
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Kiveton Park And Wales Community Development Trust Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Kiveton Park And Wales Community Development Trust is a private company, limited by guarantee, registered in England and Wales, registration number 03298583. The registered office is Old Colliery Offices, Colliery Road Kiveton Park, Sheffield, S26 6LR.
2
Compliance with accounting standards
The financial statements have been prepared in accordance with Accounting and Reporting by Charities - Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective from 1 January 2019) - (Charities SORP (FRS102)) and the Companies Act 2006.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities - Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective from 1 January 2019) - (Charities SORP (FRS102)) and the Companies Act 2006. The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value, unless otherwise stated in the relevant accounting policy note(s).
Presentation currency
The accounts are presented in £ sterling.
Going concern
The financial statements have been prepared on a going concern basis. The trustees have considered the level of funds held and the expected level of income and expenditure for the 12 months following the authorising of these financial statements and consider the going concern basis appropriate.
Tangible fixed assets and depreciation
All items of capital expenditure below £500 are written off as incurred. Depreciation is calculated to write down the cost or valuation, less estimated residual value, of all tangible fixed assets over their expected useful lives on the following basis: Buildings straight line over 50 years Fixtures, fittings & equipment 15% reducing balance Office equipment 25% reducing balance
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Kiveton Park And Wales Community Development Trust Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
475,000 
23,884 
498,884 
Additions
- 
2,478 
2,478 
At 31 March 2025
475,000 
26,362 
501,362 
Depreciation
At 1 April 2024
9,000 
17,343 
26,343 
Charge for the year
10,000 
1,353 
11,353 
At 31 March 2025
19,000 
18,696 
37,696 
Net book value
At 31 March 2025
456,000 
7,666 
463,666 
At 31 March 2024
466,000 
6,541 
472,541 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,550 
5,055 
Accrued income and prepayments
2,723 
3,469 
6,273 
8,524 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
4,649 
20,582 
Accruals
3,437 
5,537 
Deferred income
7,187 
3,441 
15,273 
29,560 
7
Company limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
8
Average number of employees
During the year the average number of employees was 4 (2024: 4).
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