KEY ABRASIVES LIMITED

Company Registration Number:
06919495 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2022

Period of accounts

Start date: 01 May 2021

End date: 30 April 2022

KEY ABRASIVES LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2022

Balance sheet
Notes

KEY ABRASIVES LIMITED

Balance sheet

As at 30 April 2022


Notes

2022

2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 5,500 8,250
Investments:   0 0
Total fixed assets: 5,500 8,250
Current assets
Stocks: 95,600 71,444
Debtors:   547,530 423,454
Cash at bank and in hand: 100,368 42,351
Investments:   0 0
Total current assets: 743,498 537,249
Creditors: amounts falling due within one year:   (308,629) (251,359)
Net current assets (liabilities): 434,869 285,890
Total assets less current liabilities: 440,369 294,140
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: (61,949) (33,806)
Total net assets (liabilities): 378,420 260,334
Capital and reserves
Called up share capital: 2,002 2,002
Profit and loss account: 376,418 258,332
Shareholders funds: 378,420 260,334

The notes form part of these financial statements

KEY ABRASIVES LIMITED

Balance sheet statements

For the year ending 30 April 2022 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 August 2022
and signed on behalf of the board by:

Name: Rori J O Paddison
Status: Director

The notes form part of these financial statements

KEY ABRASIVES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

KEY ABRASIVES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2022

2. Employees

2022 2021
Average number of employees during the period 3 2

KEY ABRASIVES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2022

3. Tangible Assets

Total
Cost £
At 01 May 2021 11,000
At 30 April 2022 11,000
Depreciation
At 01 May 2021 2,750
Charge for year 2,750
At 30 April 2022 5,500
Net book value
At 30 April 2022 5,500
At 30 April 2021 8,250