1 September 2022 false No description of principal activity Taxfiler 2024.5 NI654866business:PrivateLimitedCompanyLtd2022-09-012023-08-31 NI6548662022-08-31 NI6548662022-09-012023-08-31 NI654866business:AuditExemptWithAccountantsReport2022-09-012023-08-31 NI654866business:FilletedAccounts2022-09-012023-08-31 NI6548662023-08-31 NI654866business:Director12022-09-012023-08-31 NI654866business:RegisteredOffice2022-09-012023-08-31 NI6548662022-08-31 NI654866core:WithinOneYear2023-08-31 NI654866core:WithinOneYear2022-08-31 NI654866core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 NI654866core:ShareCapitalcore:PreviouslyStatedAmount2022-08-31 NI654866core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 NI654866core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 NI654866core:PreviouslyStatedAmount2023-08-31 NI654866core:PreviouslyStatedAmount2022-08-31 NI654866business:SmallEntities2022-09-012023-08-31 NI654866countries:NorthernIreland2022-09-012023-08-31 NI654866core:PlantMachinery2022-08-31 NI654866core:MotorVehicles2022-08-31 NI654866core:FurnitureFittings2022-08-31 NI654866core:PlantMachinery2022-09-012023-08-31 NI654866core:MotorVehicles2022-09-012023-08-31 NI654866core:FurnitureFittings2022-09-012023-08-31 NI654866core:PlantMachinery2023-08-31 NI654866core:MotorVehicles2023-08-31 NI654866core:FurnitureFittings2023-08-31 NI6548662021-09-012022-08-31 iso4217:GBP xbrli:pure
Company Registration No. NI654866 (Northern Ireland)
KEY FACILITIES LTD Unaudited accounts for the year ended 31 August 2023
KEY FACILITIES LTD Unaudited accounts Contents
Page
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KEY FACILITIES LTD Company Information for the year ended 31 August 2023
Director
COLM MCALINDEN
Company Number
NI654866 (Northern Ireland)
Registered Office
12 LISNAREE ROAD RATHFRILAND NEWRY BT34 5DX UNITED KINGDOM
Accountants
BHP ACCOUNTANTS LTD 5 SUGARHOUSE QUAY NEWRY BT35 6HZ
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KEY FACILITIES LTD Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
82,284 
57,117 
Investments
34,538 
34,538 
116,822 
91,655 
Current assets
Inventories
- 
121,920 
Debtors
827,635 
239,302 
Cash at bank and in hand
57 
70,956 
827,692 
432,178 
Creditors: amounts falling due within one year
(557,994)
(213,266)
Net current assets
269,698 
218,912 
Net assets
386,520 
310,567 
Capital and reserves
Called up share capital
17 
17 
Profit and loss account
386,503 
310,550 
Shareholders' funds
386,520 
310,567 
For the year ending 31 August 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 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 22 August 2024 and were signed on its behalf by
COLM MCALINDEN Director Company Registration No. NI654866
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KEY FACILITIES LTD Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
KEY FACILITIES LTD is a private company, limited by shares, registered in Northern Ireland, registration number NI654866. The registered office is 12 LISNAREE ROAD, RATHFRILAND, NEWRY, BT34 5DX, 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.
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 as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2022
28,213 
21,392 
30,277 
79,882 
Additions
- 
42,785 
12,160 
54,945 
At 31 August 2023
28,213 
64,177 
42,437 
134,827 
Depreciation
At 1 September 2022
7,054 
9,359 
6,352 
22,765 
Charge for the year
7,287 
13,804 
8,687 
29,778 
At 31 August 2023
14,341 
23,163 
15,039 
52,543 
Net book value
At 31 August 2023
13,872 
41,014 
27,398 
82,284 
At 31 August 2022
21,159 
12,033 
23,925 
57,117 
5
Investments
Other investments 
£ 
Valuation at 1 September 2022
34,538 
Valuation at 31 August 2023
34,538 
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KEY FACILITIES LTD Notes to the Accounts for the year ended 31 August 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
19,328 
- 
Trade debtors
653,958 
211,624 
Other debtors
154,349 
27,678 
827,635 
239,302 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
45,062 
44,478 
VAT
- 
20,368 
Obligations under finance leases and hire purchase contracts
20,821 
- 
Trade creditors
287,293 
48,207 
Taxes and social security
12,772 
62,376 
Other creditors
187,703 
33,633 
Accruals
4,343 
4,204 
557,994 
213,266 
8
Average number of employees
During the year the average number of employees was 9 (2022: 8).
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