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Company Registration No. 9380910 (England and Wales)
KEEP ON EXPLORING LIMITED Unaudited accounts for the year ended 31 January 2024
KEEP ON EXPLORING LIMITED Unaudited accounts Contents
Page
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KEEP ON EXPLORING LIMITED Company Information for the year ended 31 January 2024
Director
Mr S Roberts
Company Number
9380910 (England and Wales)
Registered Office
West Clayton Business Centre Berry Lane Chorleywood Hertfordshire WD3 5EX United Kingdom
Accountants
GIA Foley & Co West Clayton Business Centre Berry Lane Chorleywood Hertfordshire WD3 5EX
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KEEP ON EXPLORING LIMITED Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
466 
789 
Current assets
Inventories
220,000 
170,000 
Debtors
5,874 
3,823 
Cash at bank and in hand
11,203 
2,926 
237,077 
176,749 
Creditors: amounts falling due within one year
(193,351)
(125,571)
Net current assets
43,726 
51,178 
Total assets less current liabilities
44,192 
51,967 
Creditors: amounts falling due after more than one year
(37,506)
(37,969)
Net assets
6,686 
13,998 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
6,586 
13,898 
Shareholders' funds
6,686 
13,998 
For the year ending 31 January 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 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 October 2024 and were signed on its behalf by
Mr S Roberts Director Company Registration No. 9380910
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KEEP ON EXPLORING LIMITED Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
KEEP ON EXPLORING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 9380910. The registered office is West Clayton Business Centre , Berry Lane , Chorleywood, Hertfordshire, WD3 5EX, 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.
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:
Plant & machinery
4 years straight line
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 February 2023
1,292 
At 31 January 2024
1,292 
Depreciation
At 1 February 2023
503 
Charge for the year
323 
At 31 January 2024
826 
Net book value
At 31 January 2024
466 
At 31 January 2023
789 
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KEEP ON EXPLORING LIMITED Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
5,874 
3,551 
Trade debtors
- 
272 
5,874 
3,823 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,500 
4,500 
Trade creditors
601 
213 
Taxes and social security
19,254 
23,790 
Other creditors
165,996 
94,068 
Accruals
3,000 
3,000 
193,351 
125,571 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
37,506 
37,969 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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