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REGISTERED NUMBER: 14016843 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

KEHOE INVESTMENTS LIMITED

KEHOE INVESTMENTS LIMITED (REGISTERED NUMBER: 14016843)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KEHOE INVESTMENTS LIMITED

COMPANY INFORMATION
for the year ended 31 March 2024







DIRECTOR: M E Kehoe





REGISTERED OFFICE: Unit 1 Hamansfield
Wing Road
Stewkley
LU7 0JB





REGISTERED NUMBER: 14016843 (England and Wales)





ACCOUNTANTS: Magma Audit LLP
16 Davy Court
Castle Mound Way
Rugby, CV23 0UZ
Magma Audit LLP is part
Of the Dains Group

KEHOE INVESTMENTS LIMITED (REGISTERED NUMBER: 14016843)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,520 -
Investment property 5 2,699,723 2,699,723
2,703,243 2,699,723

CURRENT ASSETS
Debtors 6 127,451 125,332
Cash at bank and in hand 1,004,859 1,000,001
1,132,310 1,125,333
CREDITORS
Amounts falling due within one year 7 (3,370 ) (1,000 )
NET CURRENT ASSETS 1,128,940 1,124,333
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,832,183

3,824,056

CAPITAL AND RESERVES
Called up share capital 2,226,139 2,226,139
Retained earnings 1,606,044 1,597,917
3,832,183 3,824,056

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 September 2024 and were signed by:





M E Kehoe - Director


KEHOE INVESTMENTS LIMITED (REGISTERED NUMBER: 14016843)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024


1. STATUTORY INFORMATION

Kehoe Investments Limited is a limited company, registered in England and Wales. Its registered office address is Unit 1, Hamansfield, Wing Road, Stewkley, LU7 0JB and the registered number is 14016843.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of goods and services
Revenue from a contract to provide goods and services is recognised in the period in which the goods and
services are provided in accordance with the stage of completion of the contract when all of the following
conditions are satisfied:

- the amount of revenue can be measured reliably;
- it is probable that the Company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life.

Fixtures and fittings - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
(i) Financial assets

Basic financial assets, including trade and other debtors, cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest rate method.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.


KEHOE INVESTMENTS LIMITED (REGISTERED NUMBER: 14016843)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024


2. ACCOUNTING POLICIES - continued
Taxation
The tax expense for the year comprises current and deferred tax.

Tax is recognised in profit or loss except that a change attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:
- The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
- Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Both current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 3,595
At 31 March 2024 3,595
DEPRECIATION
Charge for year 75
At 31 March 2024 75
NET BOOK VALUE
At 31 March 2024 3,520

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 2,699,723
NET BOOK VALUE
At 31 March 2024 2,699,723
At 31 March 2023 2,699,723

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2023 2,699,723

KEHOE INVESTMENTS LIMITED (REGISTERED NUMBER: 14016843)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,393 -
Other debtors 126,058 125,332
127,451 125,332

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 612 -
Other creditors 2,758 1,000
3,370 1,000

8. RELATED PARTY DISCLOSURES

As at 31 March 2024, the company was owed £125,332 by companies with common directorships.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Kehoe Investment Holdings Limited, a company registered in England and Wales.