Company Registration No. 10590109 (England and Wales)
Key Electrical & Data Services Limited
Unaudited accounts
for the year ended 31 January 2025
Key Electrical & Data Services Limited
Unaudited accounts
Contents
Key Electrical & Data Services Limited
Company Information
for the year ended 31 January 2025
Directors
Lee John Sellwood
Tony Sellwood
Company Number
10590109 (England and Wales)
Registered Office
55 Cumberland Drive
Basildon
SS15 6QS
United Kingdom
Accountants
Finer Accountancy Ltd
36 Brook Lane
Galleywood
Chelmsford
Essex
CM2 8NL
Key Electrical & Data Services Limited
Statement of financial position
as at 31 January 2025
Tangible assets
51,596
16,059
Cash at bank and in hand
301,640
107,707
Creditors: amounts falling due within one year
(153,576)
(126,955)
Net current assets
168,254
88,334
Total assets less current liabilities
219,850
104,393
Provisions for liabilities
Deferred tax
(4,015)
(4,015)
Net assets
215,835
100,378
Called up share capital
100
100
Profit and loss account
215,735
100,278
Shareholders' funds
215,835
100,378
For the year ending 31 January 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 28 February 2025 and were signed on its behalf by
Lee John Sellwood
Director
Company Registration No. 10590109
Key Electrical & Data Services Limited
Notes to the Accounts
for the year ended 31 January 2025
Key Electrical & Data Services Limited is a private company, limited by shares, registered in England and Wales, registration number 10590109. The registered office is 55 Cumberland Drive, Basildon, SS15 6QS, 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.
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.
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
25% Reducing
Motor vehicles
25% Reducing
Computer equipment
25% Reducing
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2024
6,087
45,987
5,932
58,006
Additions
9,242
29,970
5,288
44,500
Disposals
-
(6,916)
-
(6,916)
At 31 January 2025
15,329
69,041
11,220
95,590
At 1 February 2024
4,927
33,132
3,888
41,947
Charge for the year
2,600
3,606
1,833
8,039
On disposals
-
(5,992)
-
(5,992)
At 31 January 2025
7,527
30,746
5,721
43,994
At 31 January 2025
7,802
38,295
5,499
51,596
At 31 January 2024
1,160
12,855
2,044
16,059
Key Electrical & Data Services Limited
Notes to the Accounts
for the year ended 31 January 2025
Amounts falling due within one year
Trade debtors
20,190
65,469
Accrued income and prepayments
-
29,119
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
1,898
Trade creditors
54,234
66,587
Taxes and social security
81,660
52,712
Loans from directors
14
3,758
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).