Company Registration No. 12105739 (England and Wales)
KEY IOT Limited
Unaudited accounts
for the year ended 31 July 2024
KEY IOT Limited
Unaudited accounts
Contents
KEY IOT Limited
Company Information
for the year ended 31 July 2024
Director
Graham William Robinson
Secretary
Caroline Christina Madden
Company Number
12105739 (England and Wales)
Registered Office
Unit 2 Buildbase Way
Off Bird Hall Lane
Cheadle Heath
Stockport
SK3 0SB
UNITED KINGDOM
Accountants
Taxing Times Ltd
4 High Street
Hanging Heaton
Batley
WF17 6DX
KEY IOT Limited
Statement of financial position
as at 31 July 2024
Intangible assets
1,900
2,317
Cash at bank and in hand
7,101
12,781
Creditors: amounts falling due within one year
(59,189)
(33,391)
Net current assets
31,087
60,349
Total assets less current liabilities
33,530
63,328
Creditors: amounts falling due after more than one year
(21,081)
(24,364)
Called up share capital
100
100
Profit and loss account
12,349
38,864
Shareholders' funds
12,449
38,964
For the year ending 31 July 2024 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 director acknowledges his 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 and authorised for issue on 11 August 2024 and were signed on its behalf by
Graham William Robinson
Director
Company Registration No. 12105739
KEY IOT Limited
Notes to the Accounts
for the year ended 31 July 2024
KEY IOT Limited is a private company, limited by shares, registered in England and Wales, registration number 12105739. The registered office is Unit 2 Buildbase Way, Off Bird Hall Lane , Cheadle Heath, Stockport, SK3 0SB, UNITED KINGDOM.
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.
These financial statements for the year ended 31 July 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Intangible fixed assets
Other
KEY IOT Limited
Notes to the Accounts
for the year ended 31 July 2024
5
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
43,037
36,363
Amounts due from group undertakings etc.
40,138
44,596
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
20,112
10,505
Taxes and social security
22,823
6,717
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 4 (2023: 1).