COMPANY REGISTRATION NUMBER:
15404318
|
K&W Management Services Ltd |
|
|
Filleted Unaudited Financial Statements |
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|
K&W Management Services Ltd |
|
Period from 1 February 2025 to 31 August 2025
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Statement of financial position |
1 |
|
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Notes to the financial statements |
3 |
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K&W Management Services Ltd |
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|
Statement of Financial Position |
|
31 August 2025
|
31 Aug 25 |
31 Jan 25 |
|
Note |
£ |
£ |
|
|
|
Fixed assets
|
Investments |
5 |
1,954,790 |
– |
|
|
|
|
Current assets
|
Debtors |
6 |
421,754 |
415,286 |
|
Cash at bank and in hand |
135,336 |
316,421 |
|
--------- |
--------- |
|
557,090 |
731,707 |
|
|
|
|
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Creditors: amounts falling due within one year |
7 |
1,433,931 |
457,338 |
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------------ |
--------- |
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Net current (liabilities)/assets |
(
876,841) |
274,369 |
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------------ |
--------- |
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Total assets less current liabilities |
1,077,949 |
274,369 |
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------------ |
--------- |
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Net assets |
1,077,949 |
274,369 |
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------------ |
--------- |
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|
|
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Capital and reserves
|
Called up share capital |
100 |
100 |
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Profit and loss account |
1,077,849 |
274,269 |
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------------ |
--------- |
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Shareholders funds |
1,077,949 |
274,369 |
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------------ |
--------- |
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
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K&W Management Services Ltd |
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Statement of Financial Position (continued) |
|
31 August 2025
These financial statements were approved by the
board of directors
and authorised for issue on
28 July 2026
, and are signed on behalf of the board by:
Company registration number:
15404318
|
K&W Management Services Ltd |
|
|
Notes to the Financial Statements |
|
Period from 1 February 2025 to 31 August 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN, United Kingdon.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
After making appropriate enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future for at least one year from the date of the financial information. For these reasons they continue to adopt the going concern basis in preparing the companies financial information.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4.
Employee numbers
The average number of persons employed by the company during the period amounted to
2
(2025:
2
).
5.
Investments
|
Shares in group undertakings |
|
£ |
|
Cost |
|
|
At 1 February 2025 |
– |
|
Additions |
1,954,790 |
|
------------ |
|
At 31 August 2025 |
1,954,790 |
|
------------ |
|
Impairment |
|
|
At 1 February 2025 and 31 August 2025 |
– |
|
------------ |
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Carrying amount |
|
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At 31 August 2025 |
1,954,790 |
|
------------ |
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At 31 January 2025 |
– |
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------------ |
|
|
6.
Debtors
|
31 Aug 25 |
31 Jan 25 |
|
£ |
£ |
|
Trade debtors |
22,727 |
32,605 |
|
Other debtors |
399,027 |
382,681 |
|
--------- |
--------- |
|
421,754 |
415,286 |
|
--------- |
--------- |
|
|
|
7.
Creditors:
amounts falling due within one year
|
31 Aug 25 |
31 Jan 25 |
|
£ |
£ |
|
Trade creditors |
1,107 |
– |
|
Corporation tax |
121,032 |
114,855 |
|
Social security and other taxes |
4,697 |
1,813 |
|
Other creditors |
1,307,095 |
340,670 |
|
------------ |
--------- |
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1,433,931 |
457,338 |
|
------------ |
--------- |
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8.
Directors' advances, credits and guarantees
During the period, the directors were jointly advanced £10,500 (2024: £23,872) and interest of £396 (2024: £544) was charged on the overdrawn balance. At the balance sheet date the company owed the directors £726,770 (2024: was owed £24,416).
9.
Related party transactions
At the period end, the company was owed £356,949 (2024: £335,500) and owed £558,772 (2024: £337,500) to companies associated by common control.