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REGISTERED NUMBER: 11335124 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

KEERAGH HOLDINGS LIMITED

KEERAGH HOLDINGS LIMITED (REGISTERED NUMBER: 11335124)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KEERAGH HOLDINGS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: S R Black
D McGowan





REGISTERED OFFICE: Unit 3, Century Park
Pacific Road
Broadheath
Altrincham
WA14 5BJ





REGISTERED NUMBER: 11335124 (England and Wales)





ACCOUNTANTS: Connaughton & Co
2nd Floor, Boulton House
17-21 Chorlton Street
Manchester
M1 3HY

KEERAGH HOLDINGS LIMITED (REGISTERED NUMBER: 11335124)

BALANCE SHEET
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2,902,648 4,770,866

CURRENT ASSETS
Debtors 5 677,007 999,379
Cash at bank 696,113 436,347
1,373,120 1,435,726
CREDITORS
Amounts falling due within one year 6 41,774 104,377
NET CURRENT ASSETS 1,331,346 1,331,349
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,233,994

6,102,215

CAPITAL AND RESERVES
Called up share capital 7 18 18
Share premium 8 2,394,889 2,394,889
Retained earnings 8 1,839,087 3,707,308
SHAREHOLDERS' FUNDS 4,233,994 6,102,215

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 March 2025 and were signed on its behalf by:





S R Black - Director


KEERAGH HOLDINGS LIMITED (REGISTERED NUMBER: 11335124)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Keeragh Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about Keeragh Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are shown at fair value on acquisition and are revalued each year at fair value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

KEERAGH HOLDINGS LIMITED (REGISTERED NUMBER: 11335124)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST OR VALUATION
At 1 April 2023 4,770,866
Revaluations (1,868,218 )
At 31 March 2024 2,902,648
NET BOOK VALUE
At 31 March 2024 2,902,648
At 31 March 2023 4,770,866

Cost or valuation at 31 March 2024 is represented by:

Shares in
group
undertakings
£   
Valuation in 2021 2,332,793
Valuation in 2022 (884,544 )
Valuation in 2023 927,534
Valuation in 2024 (1,868,218 )
Cost 2,395,083
2,902,648

If investments in subsidiaries had not been revalued they would have been included at the following historical cost:

31.3.24 31.3.23
£    £   
Cost 2,395,083 2,395,083

Fixed assets investments were valued on an open market basis on 31 March 2024 by the Directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 677,007 999,379

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other creditors 5,714 -
Directors' current accounts 36,060 104,377
41,774 104,377

KEERAGH HOLDINGS LIMITED (REGISTERED NUMBER: 11335124)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
18 Ordinary £1 18 18

8. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1 April 2023 3,707,308 2,394,889 6,102,197
Deficit for the year (1,868,221 ) (1,868,221 )
At 31 March 2024 1,839,087 2,394,889 4,233,976

9. RELATED PARTY DISCLOSURES

As at 31 March 2024, included in other debtors are balances due from subsidiaries amounting to £477,007 (2023: £999,379).

As at 31 March 2024, included in other creditors are balances due to subsidiaries amounting to £5,714 (2023: £Nil).