Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31truefalse12022-01-01No description of principal activity2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08918037 2022-01-01 2022-12-31 08918037 2021-01-01 2021-12-31 08918037 2022-12-31 08918037 2021-12-31 08918037 c:Director1 2022-01-01 2022-12-31 08918037 d:CurrentFinancialInstruments 2022-12-31 08918037 d:CurrentFinancialInstruments 2021-12-31 08918037 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 08918037 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 08918037 d:ShareCapital 2022-12-31 08918037 d:ShareCapital 2021-12-31 08918037 c:OrdinaryShareClass1 2022-01-01 2022-12-31 08918037 c:OrdinaryShareClass1 2022-12-31 08918037 c:OrdinaryShareClass1 2021-12-31 08918037 c:OrdinaryShareClass2 2022-01-01 2022-12-31 08918037 c:OrdinaryShareClass2 2022-12-31 08918037 c:OrdinaryShareClass2 2021-12-31 08918037 c:OrdinaryShareClass3 2022-01-01 2022-12-31 08918037 c:OrdinaryShareClass3 2022-12-31 08918037 c:FRS102 2022-01-01 2022-12-31 08918037 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 08918037 c:FullAccounts 2022-01-01 2022-12-31 08918037 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 08918037 6 2022-01-01 2022-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08918037









KEY ENVIRONMENTAL SOLUTIONS (HOLDINGS) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

 
KEY ENVIRONMENTAL SOLUTIONS (HOLDINGS) LIMITED
REGISTERED NUMBER: 08918037

BALANCE SHEET
AS AT 31 DECEMBER 2022

2022
2021
Note
£
£

Fixed assets
  

Investments
 4 
40,002
40,002

  

Creditors: amounts falling due within one year
 5 
(39,000)
(39,000)

Net current liabilities
  
 
 
(39,000)
 
 
(39,000)

Total assets less current liabilities
  
1,002
1,002

  

Net assets
  
1,002
1,002


Capital and reserves
  

Called up share capital 
  
1,002
1,002

  
1,002
1,002


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 2 October 2023.




Mr P A Openibo
Director


The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
KEY ENVIRONMENTAL SOLUTIONS (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

Key Environmental Solutions (Holdings) Limited ("the Company") is a holding company. The Company is a private company limited by shares and is incorporated in England and Wales. The address of its registered office is Leytonstone House, Leytonstone, London, E11 1GA. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.3

Creditors

Short term creditors are measured at the transaction price.

 
2.4

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities like trade and other debtors and creditors, loans from banks and other
third parties, loans to related parties and investments in ordinary shares.

 
2.5

Dividends

Equity dividends are recognised when they become legally payable. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2021 - 2).

Page 2

 
KEY ENVIRONMENTAL SOLUTIONS (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2022
40,002



At 31 December 2022

40,002






Net book value



At 31 December 2022
40,002



At 31 December 2021
40,002


5.


Creditors: Amounts falling due within one year

2022
2021
£
£

Amounts owed to group undertakings
39,000
39,000



6.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



501 (2021 - 501) Ordinary A shares of £1.00 each
501
501
251 (2021 - 501) Ordinary B shares of £1.00 each
251
501
250 (2021 - ) Ordinary C shares of £1.00 each
250
-

1,002

1,002

During the year, 250 Ordinary A shares of £1.00 each were reclassified as 250 Ordinary C shares of £1.00 each. All shares rank pari passu.


Page 3

 
KEY ENVIRONMENTAL SOLUTIONS (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

7.


Related party transactions

At the end of the year, the Company owed £39,000 (2021 - £39,000) to its subsidiary company.
During the year, the director had an interest in dividends of £42,160 (
2021 - £540,000).

 
Page 4