Company No: 15649037 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.05.2025
		£
Fixed assets
Intangible assets	3	557,479
Tangible assets	4	28,920
		586,399
Current assets
Stocks		33,398
Debtors	5	150,194
Cash at bank and in hand		401,598
		585,190
Creditors: amounts falling due within one year	6	( 784,655)
Net current liabilities		(199,465)
Total assets less current liabilities		386,934
Provision for liabilities		( 281)
Net assets		386,653
Capital and reserves
Called-up share capital	7	100
Profit and loss account		386,553
Total shareholder's funds		386,653

For the financial period ending 31 May 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of KaneHR Limited (registered number: 15649037) were approved and authorised for issue by the Director on 13 November 2025. They were signed on its behalf by:

J B Howell Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

KaneHR Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Westpoint House 32-34 Albert Street, Fleet, GU51 3RW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover represents the total value of consultancy services provided to clients during the financial year, excluding VAT and trade discounts. Where services are provided under a retainer or fixed-fee arrangement, revenue is recognised on a straight-line basis over the term of the contract, unless another method better reflects the delivery of services.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

10 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Fixtures and fittings	5 years straight line
Computer equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Work in Progress represents the value of consultancy services that have been commenced but not yet completed or invoiced at the reporting date. This includes time and resources spent on client engagements that are ongoing.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a 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 assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	Period from 15.04.2024 to 31.05.2025
	Number
Monthly average number of persons employed by the Company during the period, including the director	12

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 15 April 2024	0		0
Additions	620,000		620,000
At 31 May 2025	620,000		620,000
Accumulated amortisation
At 15 April 2024	0		0
Charge for the financial period	62,521		62,521
At 31 May 2025	62,521		62,521
Net book value
At 31 May 2025	557,479		557,479

Goodwill of £620,000 is generated from transfer of net assets from Kane Partnership.

4. Tangible assets

	Fixtures and fittings		Computer equipment		Total
	£		£		£
Cost
At 15 April 2024	0		0		0
Additions	10,623		30,041		40,664
Disposals	0		( 39)		( 39)
At 31 May 2025	10,623		30,002		40,625
Accumulated depreciation
At 15 April 2024	0		0		0
Charge for the financial period	2,161		9,555		11,716
Disposals	0		( 11)		( 11)
At 31 May 2025	2,161		9,544		11,705
Net book value
At 31 May 2025	8,462		20,458		28,920

5. Debtors

	31.05.2025
	£
Trade debtors	138,887
Prepayments	11,307
	150,194

6. Creditors: amounts falling due within one year

	31.05.2025
	£
Bank loans	10,000
Trade creditors	19,179
Amounts owed to director	422,928
Accruals and deferred income	105,423
Taxation and social security	223,090
Other creditors	4,035
	784,655

7. Called-up share capital

	31.05.2025
	£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100

On 15 April 2024, 100 shares of nominal value £1 were issued at par.