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Company Registration No. 12127253 (England and Wales)
Keartland & Co Limited Unaudited accounts for the year ended 31 July 2024
Keartland & Co Limited Unaudited accounts Contents
Page
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Keartland & Co Limited Company Information for the year ended 31 July 2024
Director
H Keartland
Company Number
12127253 (England and Wales)
Registered Office
Glynwyn Wych Hill Woking Surrey GU22 0EX
Accountants
Switchfoot Accounting Limited 147 Frimley Road Camberley Surrey GU15 2PS
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Keartland & Co Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
114 
199 
Investments
101 
101 
215 
300 
Current assets
Debtors
2,990 
5,695 
Cash at bank and in hand
46,294 
27,859 
49,284 
33,554 
Creditors: amounts falling due within one year
(21,673)
(16,362)
Net current assets
27,611 
17,192 
Net assets
27,826 
17,492 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
27,825 
17,491 
Shareholders' funds
27,826 
17,492 
For the year ending 31 July 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 her 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 25 January 2025 and were signed on its behalf by
H Keartland Director Company Registration No. 12127253
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Keartland & Co Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Keartland & Co Limited is a private company, limited by shares, registered in England and Wales, registration number 12127253. The registered office is Glynwyn, Wych Hill , Woking, Surrey, GU22 0EX.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
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
Straight line basis over 5 years
Computer equipment
Straight line basis over 3 years
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Keartland & Co Limited Notes to the Accounts for the year ended 31 July 2024
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
517 
1,479 
1,996 
At 31 July 2024
517 
1,479 
1,996 
Depreciation
At 1 August 2023
412 
1,385 
1,797 
Charge for the year
36 
49 
85 
At 31 July 2024
448 
1,434 
1,882 
Net book value
At 31 July 2024
69 
45 
114 
At 31 July 2023
105 
94 
199 
5
Investments
Other investments 
£ 
Valuation at 1 August 2023
101 
Valuation at 31 July 2024
101 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,080 
3,516 
Accrued income and prepayments
1,910 
2,179 
2,990 
5,695 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
5,841 
5,286 
Trade creditors
1,001 
919 
Taxes and social security
12,573 
10,127 
Loans from directors
1,058 
30 
Deferred income
1,200 
- 
21,673 
16,362 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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