KEYWEST ELECTRONICS LIMITED

Company Registration Number:
03704640 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

KEYWEST ELECTRONICS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

KEYWEST ELECTRONICS LIMITED

Company Information

for the Period Ended 31 March 2024




Director: Clive Richard Marflow
Matthew Peter Naylor
Secretary: Matthew Peter Naylor
Registered office: 13
Walthew Green
Roby Mill
Upholland
Lancashire
WN8 0QT
Company Registration Number: 03704640 (England and Wales)

KEYWEST ELECTRONICS LIMITED

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 1,568 1,826
Total fixed assets: 1,568 1,826
Current assets
Stocks: 7,500 6,000
Debtors: 16,614 15,415
Cash at bank and in hand: 2,264 9,377
Total current assets: 26,378 30,792
Creditors: amounts falling due within one year: ( 862 ) ( 3,703 )
Net current assets (liabilities): 25,516 27,089
Total assets less current liabilities: 27,084 28,915
Accruals and deferred income: ( 12,794 ) ( 11,808 )
Total net assets (liabilities): 14,290 17,107

The notes form part of these financial statements

KEYWEST ELECTRONICS LIMITED

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 13,290 16,107
Shareholders funds: 14,290 17,107

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 3 October 2024
And Signed On Behalf Of The Board By:

Name: Clive Richard Marflow
Status: Director

The notes form part of these financial statements

KEYWEST ELECTRONICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    The accounts have been prepared under the historical cost convention and in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


    Turnover policy

    Turnover represents amounts invoiced and the sales value of uninvoiced work

    Tangible fixed assets depreciation policy

    Depreciation of tangible assets is calculated to write off their cost over their estimated useful lives at the following rates:
    Plant & equipment - 20% of written down value

KEYWEST ELECTRONICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

KEYWEST ELECTRONICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

KEYWEST ELECTRONICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible Assets

Total
Cost £
At 01 April 2023 7,420
Additions 134
Disposals -
Revaluations -
Transfers -
At 31 March 2024 7,554
Depreciation
At 01 April 2023 5,594
Charge for year 392
On disposals -
Other adjustments -
At 31 March 2024 5,986
Net book value
At 31 March 2024 1,568
At 31 March 2023 1,826