.DOCX Kimichi_School_Trustees_Annual_Repor_2025 File Edit View Insert Format Tools Gemini Help Accessibility 100% Normal text Arial 10 1 2 3 4 5 6 7
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Registered nurnber- 07968584 KIMICHI SCHOOL DIRECTORS. REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 202S x>dwins
Kimichi School Contents Page Cornpany Inforrnation Direttors, Report Acrountant's Report Income and Expenditure Account Balance Sheet Notes to the Finoncial Ststement5 The following pages do not form part of the statutory accounts: Detailed Income and Expendlture Account
Kimichi School Company Information For The Year Ended 31 August 2025 Dlrectors Ms Sèlly Alexander M5 Kir5be Berry Mr Richard Jefikin50n Ms Kieta Alexander Mrs Kirsty Henderson-jones Company Number 07968584 Reglstered Offlce EastbDurne House 111 YardlÈy Road Acocks Gr& miingham B27 6LL Accountants Goodwins Chartered Accountsnts 6 Parkside Court Greenhough Road Lichfield Stsffordshire WS13 7FE Page I
Kimichi School Company No. 07968584 Directors. Report For The Year Ended 31 August 2025 The dlrectors present thelr report and the finantial statements for the year ended 31 August 2025. Direrttsrs The direttors who held office during the year were as follows.. Ms Sally Alexander Ms Kir5tie Berry Mr Rlchard Jenkinson Ms Kiera Alexander Aprx)inted 0510312025 Mrs Kirsty Henderson-jones Appointed 0510312025 st•tement of Dlrethrs. Repon¥lbllltles The directors are re5pon51ble for prepariDg the threttors. Report arkj the fina101 statements in accordance with applicable law and regulations. Company law requlres the dlrectors to prepare financial statements for each financlal yeor. Under that law the dlrectors have elected to prepare the financial staterneDts in accordan with United Kingdom Generally Accepted Accounting Practice Iunited Kingdorn Accounting Standards and applicable lawl. Vnder cornpony law the direttors rnust not approve the financial 5taterDents unless they are satisfied that they give a tnje and fair view of the state of affairs of the cornpany and of the Surplus or deficit of the company for that period. In pparIng the financial statements the direttors a requId to.. select suitable accounting policies and therb apply them consistentlyi • rnake ]udgments and accounting estimates thot a wsonable and prudent,. prepare the financlal 5taternents on the golng contem basls unless rf( is inappropriate to presurne that the company wlll continue in busine55. The directcr5 are re5pon51ble for keepin9 adequate accounbng records that are Sufficient to show ond explain the cornpany's transactlOn5 and di5c105e with reasonable accuracy at any tirne the financiol position OF the wmpany and enable thern to ensure that the financial 5tstements comply with the Companies Act 2006. They are also responsible for Safeguarding the assets of the company and hence for takin9 reasonable steps for the preventl¢yb and detettioN of fraud and other Irregularitles. The director5 are responsible for the maintenance arY integrity of the corporate tsntl financial information included on the colnpany's webslte. Leglslatlon ID the United Kin9dom governiog the prepar•tioo ènd disserniryation of finantial staternents may differ from leglslatlon in other jurisdictions. Small Company Rul*• Thls report has been prepared In accordance with the speclal provislons relatlng to companle5 sublert to the small companles reglrne within Part 15 of the Cornponies Act 2006. On behalf of the board Ms sally Alexander Director 2610512026 Page 2
Kimichi School Accountant's Report For The Year Ended 31 August 2025 Chartered Acrountsnt'5 report to the dirertors on the preparation of the unaudited statutory accounts of Kimichi School for the year énded 31 August 202S In order to assist you to fulfil your duties under the Companies Act 2006, 1 have prepared for your approval the accounts of Kim1chi School for the year ended 31 August 2025 which comprise the Incoffle and Expendrture Account, the Balance Sheet and thÈ related notÈ5 frotn the company's accountiTrg cordS and frotn iTrforrnation and explanabons you have givÈn to us. As a practlsing member of the Institute of Chartered Accountants in EnglaThd and Wales {ICAEWI, we a subject to its ethical and other professional requirements which are detsiled at http-Ilwww.Icaew.cornlen/membership/regulations-standard5-and- guidance. This report is made solely to the directors of Kimichi School, as a tM)dyi in aCCordare with the terms of our engagement letter dated Our work h05 been undertaken solety to prepare for your approval the accounts of Kirnichi School and state those matters that we have agreed to stste to the (lirert0 of Kirnichi School. as a body. in this report in accordance with ICAEW Technical Release 07116 AAF. To the fullest extent pemiitted by law. we do not actept or assume responslblllty to anyone other than Klmlchl School a1 Irs directors. as a body. for wr work or for this report. It 15 your duty to ensure that Kirnichi Schwl has kept adequate accounting records and to Prepa statutory accounts that glve a true and fair vlew af the assets. liabilities, finèntial position and profit or k)ss of Kimlchl School. You cDnsider that Kimlchi School is exempt from the statvtory audit requirtment for the year. We have not been instructed to carry out an audit of the occounts of Kirnichi Sthcol. For th15 reason, we have not verified the accuracy or Completeness of the accounting retords or information and explanatlons you have glven to us and we do not. therefore, express any opinion on the financbal statements. 2610512026 Good¥Yins Chartered Accountants 6 Parkslde Court Greenhough Road Staffordshire WS13 7FE Page 3
Kimichi School Income and Expenditure Account For The Year Ended 31 August 2025 2025 2024 Notes TURNOVER 618,233 499,309 GROSS SURPLUS 618.233 499,309 Distnbution costs Adrninistrative expenses 159,6191 1466,3441 1616.8251 OPERATING SURPLUS/(DEFICIT) Other Interest receivable and similar Incorne Interest payable and 5ifflilir charyes 1.408 126,6541 12.9121 DEFicrr FOR THE FINANCIAL YEAR 11,4981 126,6541 The notes on pages 6 to 7 form part of these Nnancfjèl ststements. Page 4
Kimichi School Balance Sheet As At 31 August 2025 2025 2024 FIXED ASSETS Tangible Assets 12.325 2,707 12,325 2,707 CURRENT ASSETS Debtors 62.764 26.683 41,603 19,854 Cash at bank and in hand 89.467 61.457 Creditors: Amounts FallSng Due Withln One Year 1181,9131 1140,6111 NET CURRENT ASSETS (LIA8ILrriES) {92,4461 179,1541 TOTAL ASSETS LESS CURRENT LIABILITIES (80,1211 176,4471 Credltorffj: Amounts Falllng Due After More Than One Yeor 12,1761 NET LZA8ILITIES 180.1211 176,6231 Ineome and Expenditu kcount 180.1211 178,6231 MEMBERS, FUNDS 180.1211 178,6231 For the year ending 31 August 2025 Ihe company vlas entiUeJ to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The Fnefflber5 hive not requi the eompany to obtain an audit in accordanee with settion 476 tsf the Companieg Act 2006. The directcrs acknowledge their responsibilities for cornplying w¢th the requirements of the Act with respect to accounting record5 and the preparation of occourts. These accounts have been prepared In accordance wlth the provlslons applICab to companles subject to the small companles reglrne. On behalf of the board Ms Sally Alexander Dlrector 2610512026 The notes on pages 6 to 7 form part of these finanoal ststements. Page 5
Kimichi School Notes to the Financial Statements For The Year Ended 31 August 2025 l. General Information Kimichi School is a private company* limited by guardntee, inCorrated in England & Wales, reg15tered number 07968584. The registered office Is Eastboume House, 111 Yardley Road, Acocks Green. 8imingharn, 827 6LL. 2. Accountlng Pollcles 2.1. Basls of Preparatlon of Flnanclal Ststements The financial 5tstetnents have been prepared under the histoncol c05t convention and in accordance v4ith Financial Reporting Standard 102 5ertion IA Stnall Entitie5 Yhe Financial Reportin9 Standard applicable in the UK and Republlc of Ireland" ènd the Compènies Act 2006. 2.2. Turnover Turnover Is measured at the fair vèlue of the consideration received or receivable, net of dlscounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of service5. Turnover Is reduced for estirnited customer returns. rebates and other sirnitsr ollowances. Sole of goods Turnover from the sale of goods Is wognlsed when the slgnlhcant rlsks and rewards gf ownershlp of the goods has transferred to the buyer. Thls Is usually at the point that the customer has signed for the dellvery of the goods. Renderlng ot rVIceS Turnover from the rendering of serylces is recogn15ed by reference to the stsge of Comple0 of the contratt. The stage of completion of a contract 15 measured by cornporin9 the costs incurred for work perforffled to date to the total estimated contract cost5. Turnover is orbly reco9nwd to the extent of recovernble expenses when the outcorne OF a contract cannot be estimated reliably. 2.3. Tanglble Flxed Assets and Depre¢l•iion Tangible fixed assets are measured at cost less accurnulated deprecwtioTh and any accurnulated lrnpairrnent10sses. Depreclation 15 provlded at rates calculated to write off the cost OF the fixed a55ets, le55 their e5tlmated residual value, over thelr experted useful lives on the followin9 boses- Plant & Machinery 25% reduclng balarKe 3. Average Nurnber of Employee• Average number of employees. Includir¥J dirertors. during the year was: 11 12024: 9} 4. Tanglble Asxts Plant Machlnery Cost A5 at I September 2024 Additions 3,575 10,305 As at 31 August 2025 13,880 Depre¢i•tion As at I Septetnber 2024 Provided dunng the peri 868 687 As at 31 August 2025 1,555 Net Book Value As at 31 August 2025 12,325 A5 at I Septetnber 2024 2,707 Page 6
Kimichi School Notes to the Financial Statements (continued) For The Year Ended 31 August 2025 5. Debtors 2025 2024 Du¢ withln tsne y¢•r Trade debtors 62,784 41,603 6. Credltors: Amounts F)Illng Due Wlthln One Ve•r 2025 2024 Trade creditor5 Bank loan5 and overdrafts Other creditors 22,107 22,267 112.145 6,199 116,628 43,178 Taxation and social security 181,913 140,611 7. Credltor•: Amounts Falllng Oue After More Than OMI Year 2025 2024 Bank loans 2,176 8. Company Ilmlted by guarant¢¢ The company 15 limlted by 9uaranttt and ho5 no Share capital. Every member ef the cornpany undertakes to contrfbute io the assets of the cornpanyi in the event of a wlndln9 Upi such an amount as rnay be required not e¥ceedin9 £1. Page 7
Kimichi School Detailed Income and Expenditure Account For The Year Ended 31 August 2025 2025 2024 TURNOVER School fees 610.458 7.775 499,309 other ttsding income 618.233 618.233 499.309 499,309 GROSS SURPLUS Dlstrlbutlon Costs Premlses costs 59.619 159,6191 Admlnlstratlve Expenses Direttors, penslon - defined contr1ltIon schemes Wages and salaries Rent Rates 21.731 355.881 33.000 5.180 13.622 3.412 75.605 55,755 2.11)0 12,930 10.706 4.043 308,756 Llght and heat Cleaning Governance ant1 supwrt Vehlcle runnirig Costs Cofflputer software, congumables and m)lfitenarte Repalr5, renewals and maintenance Insurance 32.953 41,070 10,523 3.597 Prlntlng, postage and stationery Telec¢mmunlcations Accountancy fees Legal fees Consultancy fees Bank charges Depreciation Sundry expenses School requislte5 2.520 1,653 525 25,734 687 452 14,991 2,313 40,946 1616.8251 1466,3441 OPERATING SURPLUS/(DEFICITI 1,408 126,6541 other Interest receivable and slmllar Ineome Bank interest receivable Interest payabl¢ and similar Charges Bank interest payab 2.912 12.9121 DEFICTh FOR THE FINANCIAL YEAR 11.4981 126,6541 Page 8
Kimichi School rt of the Trustees for the Year Ended 31 Au ust 2025 The trnstees who are also dir¢rtors of the charity. for the purposes of the Companies Art 2006, present their report with the financial statements of ihe charity for ihe year ended 31 Augusi 2025. The trustees have adopied the provisions of Accountin¥ and Reporting by Charities". Statement of Recommended Practice applicable lo charitie5 prepariiig their accounts in accordance with the Financial Reporring SNThdard applicable in the UK and Republic of Ireland {F RS 102) letTeciive l January 2019). STRUCTURE, GOVERNANCE AND MANAGEMENT Governing docurneNt The charity. is conirolled by its goveming documenL a deed of trusL and constitutes a limired company, limited by guarantee, k)5 delined bv the Companies ALI ?006. RF.FF.RENCE AND ADMINISTRATIVE DETAILS R¢gi5tered Company number 07968584 (England and Wales) Registered Charity number 1149571 Reilsiered offiee Easiboiirne I louse I I l Yardlei, Road AcoLks Green BirminLham West Midlands B27 6LL Trustees Ms S E Alexander MsKCNBerry R Jenkinson Ms K M Alexander lappointed 5.3 ?5) Mrs K S E Henderson-Jones {appoinied 5.3.25) Company Secret¥4ry Independent Examiner l.eigh (ioodwin - Chanered Accountant, ACA Goodwins 6 Park5ide Court Greenhough Road Lichlield Stafford5hire WS13 7AU Approved by order of the board of trustees on 26 Ma). 2026 and signed on its behalf by= Ms S E Alexander- Trustee Page I
Inde endent Examiner's Re Kimichi School n to the Trusiees of Independent examiner's report lo the trustees of Kimichi SchiKbl ('the Companv.) I report to the Lharitv Irugiees on m), e.xatninaiion olihe atLounlS ofihe CtsrnpanK' lor the year ended 31 August 2025. Responsibilities and basis of report As the charity's Inislees of the Company {and a150 its directors for the purp)se5 of Company law) you are responsible for the preparation of ihe accounts in accordance with the requirement5 of the Companies Act 2006 ('the 21)06 Act,). Having satisfied myself that th¢ accounts of th¢ Company ar¢ not requir¢d to b¢ audited under Part 16 of th¢ 2006 Act are eligible for independent examinaiion, I report in respeci of mv examinaiion of your chariry's accounts as carried under Section 145 of the Charitie5 Act ?01 l {'Ihe 2011 Act.). In carry ing oui my examinaiiort I have followed the given by the Charity Commission under Section 145{51 Ib) of the 2011 Act. Independent examiner s Staternent ince your charity's gross income eiceeded £250.000 your examiner musi be a member of a lisied bodj. I can confirm ihat I am qualified io undertake the examination because l am a meMr of the Instiiuie of Chartered Accountsnts in Ei)gland and Wales. which is on¢ of the lisied bodies. I have completed my examination. I confirni that no mailers have come to my aiteniion in connection with ihe examination ivingy nie cause to believe.. accounting records were not kept in respeet of the Company as required by S¢¢iion 386 ofih¢ 2000 A¢t: or the accounts do not accord wi¢h those COrdS.. or the accounts do not complv with ihe accouniing requirements of Seciion 396 of the 2006 Aci other tlian any requir¢m¢nt thal the ac¢ount5 glV¢ 8 tnJ¢ 8nd fair view M'liich is nol o matter consid¢r¢d as pari ol. an ind¢p¢nd¢nt examination,. or the accounis have noi been prepared in accordance with ihe mdhods and principles of the Siaieimeni of Recommended Practice for accounting and reponing bj chariiies (applicable io charities PTepaTing their acc()ui)Is in accordance with the Financial Reporting Sidard applicable in the UK and Republic of Ireland IFRS 1021). I have no concerns and have come across no oiher mallers in conneciion with the examination to w,hich attention should be drawn in this report in order io enable a proper understhnding ofthe accounts io be reached. Leigh Goodwin - Chartered Accountant. ACA The Insiituie of Chartered Accouniants in England and Wales Goodwin5 6 Park'side Court Greenhough Road Lichfield Staffordshir¢ WSIJ 7AU 27 Mav 2026 Page 2