1 January 2023 false No description of principal activity Taxfiler 2024.1 07276568business:PrivateLimitedCompanyLtd2023-01-012023-12-31 072765682022-12-31 072765682023-01-012023-12-31 07276568business:AuditExemptWithAccountantsReport2023-01-012023-12-31 07276568business:FilletedAccounts2023-01-012023-12-31 072765682023-12-31 07276568business:Director12023-01-012023-12-31 07276568business:Director22023-01-012023-12-31 07276568business:RegisteredOffice2023-01-012023-12-31 072765682022-12-31 07276568core:WithinOneYear2023-12-31 07276568core:WithinOneYear2022-12-31 07276568core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 07276568core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 07276568core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 07276568core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 07276568core:PreviouslyStatedAmount2023-12-31 07276568core:PreviouslyStatedAmount2022-12-31 07276568business:SmallEntities2023-01-012023-12-31 07276568countries:EnglandWales2023-01-012023-12-31 07276568core:LandBuildings2023-01-012023-12-31 07276568core:PlantMachinery2023-01-012023-12-31 07276568core:FurnitureFittings2023-01-012023-12-31 07276568core:PlantMachinery2022-12-31 07276568core:PlantMachinery2023-12-31 072765682022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 07276568 (England and Wales)
KEY TO MARKETS LIMITED Unaudited accounts for the year ended 31 December 2023
KEY TO MARKETS LIMITED Unaudited accounts Contents
Page
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KEY TO MARKETS LIMITED Company Information for the year ended 31 December 2023
Directors
G Spampinato A Sabatini
Company Number
07276568 (England and Wales)
Registered Office
UNITED HOUSE 9 PEMBRIDGE ROAD LONDON W11 3JY ENGLAND
Accountants
Duke Accountancy limited Tree Tops 16 Leafy Way Brentwood Essex CM13 2QW
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KEY TO MARKETS LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,214 
(793)
Investments
29,080 
29,080 
33,294 
28,287 
Current assets
Debtors
144,701 
180,247 
Cash at bank and in hand
557,664 
307,006 
702,365 
487,253 
Creditors: amounts falling due within one year
(72,125)
(55,883)
Net current assets
630,240 
431,370 
Net assets
663,534 
459,657 
Capital and reserves
Called up share capital
35,706 
35,706 
Profit and loss account
627,828 
423,951 
Shareholders' funds
663,534 
459,657 
For the year ending 31 December 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 February 2024 and were signed on its behalf by
G Spampinato Director Company Registration No. 07276568
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KEY TO MARKETS LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
KEY TO MARKETS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07276568. The registered office is UNITED HOUSE, 9 PEMBRIDGE ROAD, LONDON, W11 3JY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
over 50 years
Plant & machinery
over 5 years
Fixtures & fittings
over 5 years
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
19,613 
Additions
8,607 
At 31 December 2023
28,220 
Depreciation
At 1 January 2023
20,406 
Charge for the year
3,600 
At 31 December 2023
24,006 
Net book value
At 31 December 2023
4,214 
At 31 December 2022
(793)
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2023
29,080 
Valuation at 31 December 2023
29,080 
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KEY TO MARKETS LIMITED Notes to the Accounts for the year ended 31 December 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
88,095 
113,469 
Other debtors
56,606 
66,778 
144,701 
180,247 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
70,125 
53,583 
Other creditors
2,000 
2,300 
72,125 
55,883 
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
9
Pension commitments
Contributions to defined contribution plans are expensed in the period to which they relate.
10
Average number of employees
During the year the average number of employees was 8 (2022: 8).
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