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REGISTERED NUMBER: 03726906 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2023

for

KEAVMAN CONTRACTORS LIMITED

KEAVMAN CONTRACTORS LIMITED (REGISTERED NUMBER: 03726906)

Contents of the Financial Statements
for the Year Ended 31st March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 9

KEAVMAN CONTRACTORS LIMITED

Company Information
for the Year Ended 31st March 2023







DIRECTORS: E Keaveney
B Mannion





SECRETARY: E Keaveney





REGISTERED OFFICE: 81 Darwin Street
Birmingham
B12 0TP





REGISTERED NUMBER: 03726906 (England and Wales)





ACCOUNTANTS: Hayward Wright Ltd
4 Clews Road
Redditch
Worcestershire
B98 7ST

KEAVMAN CONTRACTORS LIMITED (REGISTERED NUMBER: 03726906)

Balance Sheet
31st March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 225,470 894,491
Investments 5 215,726 232,794
441,196 1,127,285

CURRENT ASSETS
Debtors 6 352,588 1,193,274
Cash at bank 468,708 126,324
821,296 1,319,598
CREDITORS
Amounts falling due within one year 7 258,291 322,237
NET CURRENT ASSETS 563,005 997,361
TOTAL ASSETS LESS CURRENT LIABILITIES 1,004,201 2,124,646

CREDITORS
Amounts falling due after more than one
year

8

(24,790

)

(34,167

)

PROVISIONS FOR LIABILITIES 10 (40,407 ) (44,287 )
NET ASSETS 939,004 2,046,192

CAPITAL AND RESERVES
Called up share capital 11 4 4
Retained earnings 939,000 2,046,188
SHAREHOLDERS' FUNDS 939,004 2,046,192

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

KEAVMAN CONTRACTORS LIMITED (REGISTERED NUMBER: 03726906)

Balance Sheet - continued
31st March 2023


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15th November 2023 and were signed on its behalf by:





B Mannion - Director


KEAVMAN CONTRACTORS LIMITED (REGISTERED NUMBER: 03726906)

Notes to the Financial Statements
for the Year Ended 31st March 2023


1. STATUTORY INFORMATION

Keavman Contractors Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold property - over 35 years
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in nonconvertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

KEAVMAN CONTRACTORS LIMITED (REGISTERED NUMBER: 03726906)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 10 ) .

4. TANGIBLE FIXED ASSETS
Freehold Leasehold Plant and
Land property machinery
£    £    £   
COST
At 1st April 2022 350,000 314,921 472,866
Additions - - 474
Disposals (350,000 ) (314,921 ) -
At 31st March 2023 - - 473,340
DEPRECIATION
At 1st April 2022 - 17,142 288,988
Charge for year - - 27,932
Eliminated on disposal - (17,142 ) -
At 31st March 2023 - - 316,920
NET BOOK VALUE
At 31st March 2023 - - 156,420
At 31st March 2022 350,000 297,779 183,878

KEAVMAN CONTRACTORS LIMITED (REGISTERED NUMBER: 03726906)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023


4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1st April 2022 29,701 191,186 1,358,674
Additions 278 29,995 30,747
Disposals - (19,000 ) (683,921 )
At 31st March 2023 29,979 202,181 705,500
DEPRECIATION
At 1st April 2022 25,911 132,142 464,183
Charge for year 1,055 21,576 50,563
Eliminated on disposal - (17,574 ) (34,716 )
At 31st March 2023 26,966 136,144 480,030
NET BOOK VALUE
At 31st March 2023 3,013 66,037 225,470
At 31st March 2022 3,790 59,044 894,491

5. FIXED ASSET INVESTMENTS
Listed
investments
£   
COST OR VALUATION
At 1st April 2022 233,694
Additions 82,501
Disposals (79,807 )
Revaluations (20,662 )
At 31st March 2023 215,726
NET BOOK VALUE
At 31st March 2023 215,726
At 31st March 2022 233,694

The investments are shown at market value

KEAVMAN CONTRACTORS LIMITED (REGISTERED NUMBER: 03726906)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023


6. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 148,769 113,118
Directors' current accounts - 68
VAT 50,285 62,116
Accrued income 115,298 168,607
Prepayments 38,236 14,123
352,588 358,032

Amounts falling due after more than one year:
Amounts owed by related company - 835,242

Aggregate amounts 352,588 1,193,274

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 9) 10,000 10,000
Trade creditors 140,245 161,507
Tax 57,203 120,458
Social security and other taxes 4,344 5,070
Other creditors 4,436 4,182
Net wages 2,788 -
Directors' current accounts 2,452 68
Accrued expenses 36,823 20,952
258,291 322,237

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans (see note 9) 24,790 34,167

9. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank loan 10,000 10,000

KEAVMAN CONTRACTORS LIMITED (REGISTERED NUMBER: 03726906)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023


9. LOANS - continued
2023 2022
£    £   
Amounts falling due between one and two years:
Bank loan 10,000 34,167

Amounts falling due between two and five years:
Bank loans - 2-5 years 14,790 -

10. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 40,407 44,287

Deferred
tax
£   
Balance at 1st April 2022 44,287
Provided during year (3,880 )
Balance at 31st March 2023 40,407

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
4 Ordinary shares £1 4 4

12. RELATED PARTY

The loan of £nil (2022: £835,242) in debtors over 1 year is with Keavman Holdings limited a related company.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Keavman Contractors Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Keavman Contractors Limited for the year ended 31st March 2023 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Keavman Contractors Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Keavman Contractors Limited and state those matters that we have agreed to state to the Board of Directors of Keavman Contractors Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Keavman Contractors Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Keavman Contractors Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Keavman Contractors Limited. You consider that Keavman Contractors Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Keavman Contractors Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Hayward Wright Ltd
4 Clews Road
Redditch
Worcestershire
B98 7ST


15th November 2023