Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-300falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-05-010The Company's principle activity is that of a holding company.falsetruefalse 13121409 2023-05-01 2024-04-30 13121409 2022-05-01 2023-04-30 13121409 2024-04-30 13121409 2023-04-30 13121409 c:Director2 2023-05-01 2024-04-30 13121409 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 13121409 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 13121409 d:ShareCapital 2024-04-30 13121409 d:ShareCapital 2023-04-30 13121409 d:RetainedEarningsAccumulatedLosses 2024-04-30 13121409 d:RetainedEarningsAccumulatedLosses 2023-04-30 13121409 c:OrdinaryShareClass1 2023-05-01 2024-04-30 13121409 c:OrdinaryShareClass1 2024-04-30 13121409 c:OrdinaryShareClass1 2023-04-30 13121409 c:FRS102 2023-05-01 2024-04-30 13121409 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 13121409 c:AbridgedAccounts 2023-05-01 2024-04-30 13121409 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 13121409 6 2023-05-01 2024-04-30 13121409 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13121409
















KEYTE HOLDINGS LIMITED


UNAUDITED

ABRIDGED ANNUAL REPORT AND FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

































KEYTE HOLDINGS LIMITED
REGISTERED NUMBER:13121409

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
414,706
264,906

  
414,706
264,906

Current assets
  

Cash at bank and in hand
  
16,042
79,978

  
16,042
79,978

Creditors: amounts falling due within one year
  
(121,855)
(123,544)

Net current liabilities
  
 
 
(105,813)
 
 
(43,566)

Total assets less current liabilities
  
308,893
221,340

Provisions for liabilities
  

Deferred tax
  
(19,675)
(7,225)

  
 
 
(19,675)
 
 
(7,225)

Net assets
  
289,218
214,115


Capital and reserves
  

Called up share capital 
 5 
5,000
5,000

Profit and loss account
  
284,218
209,115

  
289,218
214,115


Page 1


KEYTE HOLDINGS LIMITED
REGISTERED NUMBER:13121409
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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.
All of the members of Keyte Holdings Limited have consented to the preparation of the abridged financial statements for the year ended 30 April 2023 in accordance with Section 444(2A) of the Companies Act 2006.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 





Siobhan Keyte
Director

Date: 29 January 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2


KEYTE HOLDINGS LIMITED

 
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2023

1.


GENERAL INFORMATION

Keyte Holdings Limited (Company Registration number 13121409) is a private limited company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 10 Middle Street, Taunton, Somerset, United Kingdom, TA1 1SH.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

EXEMPTION FROM PREPARING CONSOLIDATED FINANCIAL STATEMENTS

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

CURRENT AND DEFERRED TAXATION

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Page 3


KEYTE HOLDINGS LIMITED

 
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2023

2.ACCOUNTING POLICIES (continued)

 
2.4

VALUATION OF INVESTMENTS

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.5

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

FINANCIAL INSTRUMENTS

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.7

DIVIDENDS

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


EMPLOYEES




The Company has no employees other than the directors, who did not receive any remuneration (2023: £NIL)

4.


FIXED ASSET INVESTMENTS





Investments in subsidiary companies
Listed investments
Total

£
£
£



COST OR VALUATION


At 1 May 2023
5,100
259,806
264,906


Additions
-
100,000
100,000


Revaluations
-
49,800
49,800



At 30 April 2024
5,100
409,606
414,706




Page 4


KEYTE HOLDINGS LIMITED

 
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2023

5.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



5,000 (2023: 5,000) Ordinary shares of £1.00 each
5,000
5,000



6.


SUBSIDIARY COMPANIES

The Company is a parent and holding company for Keyte Limited (Company registration number 02113065), a company incorporated in the United Kingdom and registered in England and Wales. It is also the parent company of Well Money Clinic Ltd (Company registration number 05378529), a company incorporated in the United Kingdom and registered in England and Wales.
The registered address of Keyte Limited and Well Money Clinic Ltd is 10 Middle Street, Taunton, Somerset, United Kingdom TA1 1SH.

 
Page 5