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REGISTERED NUMBER: 01082248 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

KEIGHLEY INDUSTRIAL UNITS LIMITED

KEIGHLEY INDUSTRIAL UNITS LIMITED (REGISTERED NUMBER: 01082248)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KEIGHLEY INDUSTRIAL UNITS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2025







DIRECTORS: W P Holmes
G W Holmes





SECRETARY: Ms J M Holmes





REGISTERED OFFICE: C/O Petros Textiles (1969) Ltd
Valley Mills
Valley Road
Bradford
West Yorkshire
BD1 4RU





REGISTERED NUMBER: 01082248 (England and Wales)





ACCOUNTANTS: Brosnans
Chartered Accountants
Birkby House
Bailiff Bridge
Brighouse
West Yorkshire
HD6 4JJ

KEIGHLEY INDUSTRIAL UNITS LIMITED (REGISTERED NUMBER: 01082248)

BALANCE SHEET
28 FEBRUARY 2025

2025 2024
Notes £    £   
FIXED ASSETS
Investment property 4 539,000 539,000

CURRENT ASSETS
Debtors 5 1,762,669 1,622,684
Cash at bank 89,224 134,514
1,851,893 1,757,198
CREDITORS
Amounts falling due within one year 6 (50,937 ) (50,960 )
NET CURRENT ASSETS 1,800,956 1,706,238
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,339,956

2,245,238

CAPITAL AND RESERVES
Called up share capital 7 100 100
Fair value reserve 8 436,517 436,517
Retained earnings 1,903,339 1,808,621
SHAREHOLDERS' FUNDS 2,339,956 2,245,238

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

KEIGHLEY INDUSTRIAL UNITS LIMITED (REGISTERED NUMBER: 01082248)

BALANCE SHEET - continued
28 FEBRUARY 2025


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 21 March 2025 and were signed on its behalf by:





G W Holmes - Director


KEIGHLEY INDUSTRIAL UNITS LIMITED (REGISTERED NUMBER: 01082248)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1. STATUTORY INFORMATION

Keighley Industrial Units 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

INVESTMENT PROPERTY
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

KEIGHLEY INDUSTRIAL UNITS LIMITED (REGISTERED NUMBER: 01082248)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2024
and 28 February 2025 539,000
NET BOOK VALUE
At 28 February 2025 539,000
At 29 February 2024 539,000

The investment property is valued on the basis of it's market value by the directors.

Fair value at 28 February 2025 is represented by:
£   
Valuation in 2016 539,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 4,677 6,837
KM Holmes (Bradford) Ltd 875,821 803,040
Petros Textiles (1969) Ltd 875,821 803,040
Prepayments and accrued income 6,350 9,767
1,762,669 1,622,684

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Tax 31,573 31,923
VAT 5,928 6,102
Other creditors 8,938 7,888
Accruals and deferred income 4,498 5,047
50,937 50,960

KEIGHLEY INDUSTRIAL UNITS LIMITED (REGISTERED NUMBER: 01082248)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100

8. RESERVES
Fair
value
reserve
£   
At 1 March 2024
and 28 February 2025 436,517