1 April 2023 false No description of principal activity Taxfiler 2024.5 3948414business:PrivateLimitedCompanyLtd2023-04-012024-03-31 39484142023-03-31 39484142023-04-012024-03-31 3948414business:AuditExemptWithAccountantsReport2023-04-012024-03-31 3948414business:FilletedAccounts2023-04-012024-03-31 39484142024-03-31 3948414business:Director12023-04-012024-03-31 3948414business:Director22023-04-012024-03-31 3948414business:Director32023-04-012024-03-31 3948414business:RegisteredOffice2023-04-012024-03-31 39484142023-03-31 3948414core:WithinOneYear2024-03-31 3948414core:WithinOneYear2023-03-31 3948414core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 3948414core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 3948414core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 3948414core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 3948414core:PreviouslyStatedAmount2024-03-31 3948414core:PreviouslyStatedAmount2023-03-31 3948414business:SmallEntities2023-04-012024-03-31 3948414countries:EnglandWales2023-04-012024-03-31 3948414core:FurnitureFittings2023-04-012024-03-31 3948414core:MotorVehicles2023-03-31 3948414core:FurnitureFittings2023-03-31 3948414core:MotorVehicles2023-04-012024-03-31 3948414core:MotorVehicles2024-03-31 3948414core:FurnitureFittings2024-03-31 39484142022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 3948414 (England and Wales)
Keytech Systems Limited Unaudited accounts for the year ended 31 March 2024
Keytech Systems Limited Unaudited accounts Contents
Page
- 2 -
Keytech Systems Limited Company Information for the year ended 31 March 2024
Directors
Matthew Robert Alexander Platts Ruth Elizabeth Platts Robert Victor Graham Platts
Company Number
3948414 (England and Wales)
Registered Office
Unit 12, The Courtyard Stenson Road Coalville Leicestershire LE67 4JP
Accountants
121 Local Accounting Ltd Unit 15, Whitwick Business Centre Stenson Road Coalville Leicestershire LE67 4JP
- 3 -
Keytech Systems Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
41,667 
3,118 
Current assets
Inventories
79,962 
113,627 
Debtors
169,997 
342,731 
Cash at bank and in hand
256,675 
10,566 
506,634 
466,924 
Creditors: amounts falling due within one year
(123,916)
(89,230)
Net current assets
382,718 
377,694 
Net assets
424,385 
380,812 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
424,285 
380,712 
Shareholders' funds
424,385 
380,812 
For the year ending 31 March 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 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 6 September 2024 and were signed on its behalf by
Robert Victor Graham Platts Director Company Registration No. 3948414
- 4 -
Keytech Systems Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Keytech Systems Limited is a private company, limited by shares, registered in England and Wales, registration number 3948414. The registered office is Unit 12, The Courtyard, Stenson Road, Coalville , Leicestershire , LE67 4JP.
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:
Fixtures & fittings
25% on net book value
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
- 
10,135 
10,135 
Additions
37,599 
3,148 
40,747 
At 31 March 2024
37,599 
13,283 
50,882 
Depreciation
At 1 April 2023
- 
7,017 
7,017 
Charge for the year
783 
1,415 
2,198 
At 31 March 2024
783 
8,432 
9,215 
Net book value
At 31 March 2024
36,816 
4,851 
41,667 
At 31 March 2023
- 
3,118 
3,118 
- 5 -
Keytech Systems Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
811 
- 
Trade debtors
165,063 
330,722 
Accrued income and prepayments
1,536 
701 
Other debtors
2,587 
11,308 
169,997 
342,731 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
8,127 
Trade creditors
84,486 
8,113 
Taxes and social security
12,320 
34,083 
Other creditors
866 
590 
Loans from directors
26,244 
36,117 
Accruals
- 
2,200 
123,916 
89,230 
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).
- 6 -