Company Registration No. NI654866 (Northern Ireland)
KEY FACILITIES LTD
Unaudited accounts
for the year ended 31 August 2023
KEY FACILITIES LTD
Unaudited accounts
Contents
KEY FACILITIES LTD
Company Information
for the year ended 31 August 2023
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
KEY FACILITIES LTD
Statement of financial position
as at 31 August 2023
Tangible assets
82,284
57,117
Cash at bank and in hand
57
70,956
Creditors: amounts falling due within one year
(557,994)
(213,266)
Net current assets
269,698
218,912
Net assets
386,520
310,567
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
KEY FACILITIES LTD
Notes to the Accounts
for the year ended 31 August 2023
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.
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 as modified by the revaluation of certain fixed assets.
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
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
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
KEY FACILITIES LTD
Notes to the Accounts
for the year ended 31 August 2023
Amounts falling due within one year
Trade debtors
653,958
211,624
Other debtors
154,349
27,678
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
45,062
44,478
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
8
Average number of employees
During the year the average number of employees was 9 (2022: 8).