2023-05-012024-04-302024-04-30false10142278KEY INNOVATIONS 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KEY INNOVATIONS LTD

Registered Number
10142278
(England and Wales)

Unaudited Financial Statements for the Year ended
30 April 2024

KEY INNOVATIONS LTD
Company Information
for the year from 1 May 2023 to 30 April 2024

Director

FLORATOS, Nikolaos

Registered Address

320 City Road
London
EC1V 2NZ

Registered Number

10142278 (England and Wales)
KEY INNOVATIONS LTD
Balance Sheet as at
30 April 2024

Notes

2024

2023

£

£

£

£

Current assets
Cash at bank and on hand5,5374,094
5,5374,094
Creditors amounts falling due within one year-(688)
Net current assets (liabilities)5,5373,406
Total assets less current liabilities5,5373,406
Net assets5,5373,406
Capital and reserves
Called up share capital100100
Profit and loss account5,4373,306
Shareholders' funds5,5373,406
The financial statements were approved and authorised for issue by the Director on 22 October 2024, and are signed on its behalf by:
FLORATOS, Nikolaos
Director
Registered Company No. 10142278
KEY INNOVATIONS LTD
Notes to the Financial Statements
for the year ended 30 April 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2.Average number of employees

20242023
Average number of employees during the year11