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
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
KEY TO MARKETS LIMITED
Statement of financial position
as at 31 December 2023
Tangible assets
4,214
(793)
Cash at bank and in hand
557,664
307,006
Creditors: amounts falling due within one year
(72,125)
(55,883)
Net current assets
630,240
431,370
Net assets
663,534
459,657
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
KEY TO MARKETS LIMITED
Notes to the Accounts
for the year ended 31 December 2023
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.
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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.
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.
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
At 31 December 2023
28,220
At 31 December 2023
24,006
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Investments
Subsidiary undertakings
Valuation at 1 January 2023
29,080
Valuation at 31 December 2023
29,080
KEY TO MARKETS LIMITED
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Amounts due from group undertakings etc.
88,095
113,469
Other debtors
56,606
66,778
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Creditors: amounts falling due within one year
2023
2022
Taxes and social security
70,125
53,583
Other creditors
2,000
2,300
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.
Contributions to defined contribution plans are expensed in the period to which they relate.
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Average number of employees
During the year the average number of employees was 8 (2022: 8).