Company Registration No. 14291936 (England and Wales)
Keane Stove Installations Ltd
Unaudited accounts
for the year ended 31 August 2024
Keane Stove Installations Ltd
Unaudited accounts
Contents
Keane Stove Installations Ltd
Company Information
for the year ended 31 August 2024
Company Number
14291936 (England and Wales)
Registered Office
45c Victoria Park
Great Cheverell
Devizes
Wiltshire
SN10 5TS
England
Accountants
SH Accounting Solutions Ltd
Office 1, 319a Holdenhurst Road
Bournemouth
BH8 8BT
Keane Stove Installations Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
4,606
5,907
Cash at bank and in hand
34,834
62,879
Creditors: amounts falling due within one year
(21,400)
(36,307)
Net current assets
18,711
26,889
Total assets less current liabilities
23,317
32,796
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
22,237
32,696
Shareholders' funds
22,337
32,796
For the year ending 31 August 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 15 February 2025 and were signed on its behalf by
Aaron Keane
Director
Company Registration No. 14291936
Keane Stove Installations Ltd
Notes to the Accounts
for the year ended 31 August 2024
Keane Stove Installations Ltd is a private company, limited by shares, registered in England and Wales, registration number 14291936. The registered office is 45c Victoria Park, Great Cheverell, Devizes, Wiltshire, SN10 5TS, England.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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:
Plant & machinery
33% Straight Line
Motor vehicles
20% Reducing Balance Method
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.
Keane Stove Installations Ltd
Notes to the Accounts
for the year ended 31 August 2024
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 September 2023
608
6,000
6,608
At 31 August 2024
608
6,000
6,608
At 1 September 2023
201
500
701
Charge for the year
201
1,100
1,301
At 31 August 2024
402
1,600
2,002
At 31 August 2024
206
4,400
4,606
At 31 August 2023
407
5,500
5,907
Amounts falling due within one year
Accrued income and prepayments
362
317
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
19,303
19,076
Other creditors
2,097
17,231
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Transactions with related parties
During the year, the company made the following related party transactions:
Director
During the year, the director received loans of £48,116 and repaid a total of £29,015. At the balance sheet date, the amount owed from the director was £1,870 (2023 - -£17,231).
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Average number of employees
During the year the average number of employees was 1 (2023: 1).