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REGISTERED NUMBER: 11747254 (England and Wales)















KEYGENI LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025






KEYGENI LIMITED (REGISTERED NUMBER: 11747254)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KEYGENI LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: D D Ashton
M Brown
J W Rieley





REGISTERED OFFICE: Investment House
Bolton Road
Bradshaw
Bolton
England
BL2 3EU





REGISTERED NUMBER: 11747254 (England and Wales)





ACCOUNTANTS: Clarke Nicklin LLP
Chartered Accountants
Clarke Nicklin House
Brooks Drive
Cheadle Royal Business Park
Cheadle
Cheshire
SK8 3TD

KEYGENI LIMITED (REGISTERED NUMBER: 11747254)

BALANCE SHEET
31 JANUARY 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 39,488 36,453
Tangible assets 5 13,504 13,359
52,992 49,812

CURRENT ASSETS
Debtors 6 452,663 477,118

CREDITORS
Amounts falling due within one year 7 462,842 425,518
NET CURRENT (LIABILITIES)/ASSETS (10,179 ) 51,600
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,813

101,412

CREDITORS
Amounts falling due after more than one
year

8

(38,537

)

(51,092

)

PROVISIONS FOR LIABILITIES (3,376 ) (3,340 )
NET ASSETS 900 46,980

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 800 46,880
SHAREHOLDERS' FUNDS 900 46,980

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

KEYGENI LIMITED (REGISTERED NUMBER: 11747254)

BALANCE SHEET - continued
31 JANUARY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 April 2025 and were signed on its behalf by:





D D Ashton - Director


KEYGENI LIMITED (REGISTERED NUMBER: 11747254)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025


1. STATUTORY INFORMATION

Keygeni 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.

The financial statements are presented in sterling (£)

Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors have reached this conclusion giving due consideration to the projected future performance of the company and any potential risk that might impact the company's ability to meet its required solvency levels. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

Preparation of consolidated financial statements
The financial statements contain information about Keygeni 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 33% on cost
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost


KEYGENI LIMITED (REGISTERED NUMBER: 11747254)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 16 ) .

KEYGENI LIMITED (REGISTERED NUMBER: 11747254)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 February 2024 83,624
Additions 24,696
At 31 January 2025 108,320
AMORTISATION
At 1 February 2024 47,171
Charge for year 21,661
At 31 January 2025 68,832
NET BOOK VALUE
At 31 January 2025 39,488
At 31 January 2024 36,453

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 February 2024 5,080 - 23,854 28,934
Additions - 6,121 2,548 8,669
At 31 January 2025 5,080 6,121 26,402 37,603
DEPRECIATION
At 1 February 2024 5,080 - 10,495 15,575
Charge for year - 1,224 7,300 8,524
At 31 January 2025 5,080 1,224 17,795 24,099
NET BOOK VALUE
At 31 January 2025 - 4,897 8,607 13,504
At 31 January 2024 - - 13,359 13,359

KEYGENI LIMITED (REGISTERED NUMBER: 11747254)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 57,889 68,819
Amounts owed by group undertakings 329,775 365,375
Other debtors 1,125 -
Prepayments and accrued income 63,874 42,924
452,663 477,118

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 68,250 60,614
Trade creditors 151,966 143,965
Corporation tax 45,840 36,422
Social security and other taxes 10,722 6,708
VAT 179,149 169,099
Other creditors 1,917 1,353
Directors' current accounts 562 3,157
Accruals 4,436 4,200
462,842 425,518

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 38,537 51,092

9. CALLED UP SHARE CAPITAL

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

10. ULTIMATE CONTROLLING PARTY

The controlling party is Keygeni Holdings Limited.