IRIS Accounts Production v25.1.0.734 03004737 director 1.1.24 31.12.24 31.12.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh030047372023-12-31030047372024-12-31030047372024-01-012024-12-31030047372023-04-30030047372023-05-012023-12-31030047372023-12-3103004737ns15:EnglandWales2024-01-012024-12-3103004737ns14:PoundSterling2024-01-012024-12-3103004737ns10:Director12024-01-012024-12-3103004737ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3103004737ns10:SmallEntities2024-01-012024-12-3103004737ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3103004737ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3103004737ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3103004737ns10:FullAccounts2024-01-012024-12-310300473712024-01-012024-12-3103004737ns10:RegisteredOffice2024-01-012024-12-3103004737ns5:CurrentFinancialInstruments2024-12-3103004737ns5:CurrentFinancialInstruments2023-12-3103004737ns5:ShareCapital2024-12-3103004737ns5:ShareCapital2023-12-3103004737ns5:CapitalRedemptionReserve2024-12-3103004737ns5:CapitalRedemptionReserve2023-12-3103004737ns5:RetainedEarningsAccumulatedLosses2024-12-3103004737ns5:RetainedEarningsAccumulatedLosses2023-12-3103004737ns5:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3103004737ns5:LeaseholdImprovements2024-01-012024-12-3103004737ns5:PlantMachinery2024-01-012024-12-3103004737ns5:FurnitureFittings2024-01-012024-12-3103004737ns5:MotorVehicles2024-01-012024-12-3103004737ns5:NetGoodwill2023-12-3103004737ns5:NetGoodwill2024-12-3103004737ns5:NetGoodwill2023-12-3103004737ns5:LeaseholdImprovements2023-12-3103004737ns5:PlantMachinery2023-12-3103004737ns5:FurnitureFittings2023-12-3103004737ns5:MotorVehicles2023-12-3103004737ns5:LeaseholdImprovements2024-12-3103004737ns5:PlantMachinery2024-12-3103004737ns5:FurnitureFittings2024-12-3103004737ns5:MotorVehicles2024-12-3103004737ns5:LeaseholdImprovements2023-12-3103004737ns5:PlantMachinery2023-12-3103004737ns5:FurnitureFittings2023-12-3103004737ns5:MotorVehicles2023-12-3103004737ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3103004737ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31
















S Keene Autos Ltd

Financial Statements for the Year Ended 31 December 2024






S Keene Autos Ltd (Registered number: 03004737)






Contents of the Financial Statements
for the year ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


S Keene Autos Ltd

Company Information
for the year ended 31 December 2024







DIRECTOR: Mr K Watts





REGISTERED OFFICE: 31 Wedgewood Way
Stevenage
Hertfordshire
SG1 4QT





REGISTERED NUMBER: 03004737 (England and Wales)





ACCOUNTANTS: Hargreaves Owen Ltd
Chartered Certified Accountants
Red Sky House
Fairclough Hall, Halls Green
Weston
Hertfordshire
SG4 7DP

S Keene Autos Ltd (Registered number: 03004737)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 4,501 1
4,501 1

CURRENT ASSETS
Stocks 600 600
Debtors 6 2,382 8,785
Cash at bank and in hand 67,948 68,905
70,930 78,290
CREDITORS
Amounts falling due within one year 7 34,838 48,814
NET CURRENT ASSETS 36,092 29,476
TOTAL ASSETS LESS CURRENT
LIABILITIES

40,593

29,477

CAPITAL AND RESERVES
Called up share capital 1 2
Capital redemption reserve 1 -
Retained earnings 40,591 29,475
SHAREHOLDERS' FUNDS 40,593 29,477

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

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

The director acknowledges his 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 director and authorised for issue on 1 April 2025 and were signed by:



Mr K Watts - Director


S Keene Autos Ltd (Registered number: 03004737)

Notes to the Financial Statements
for the year ended 31 December 2024

1. STATUTORY INFORMATION

S Keene Autos Ltd 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.

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.

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 - 20% on cost
Plant and machinery - 15% on cost
Fixtures and fittings - 15% on cost
Motor vehicles - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 4 (2023 - 4 ) .

S Keene Autos Ltd (Registered number: 03004737)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 5,800
AMORTISATION
At 1 January 2024
and 31 December 2024 5,800
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 January 2024 9,751 15,937 11,689 - 37,377
Additions - - - 6,000 6,000
At 31 December 2024 9,751 15,937 11,689 6,000 43,377
DEPRECIATION
At 1 January 2024 9,751 15,936 11,689 - 37,376
Charge for year - - - 1,500 1,500
At 31 December 2024 9,751 15,936 11,689 1,500 38,876
NET BOOK VALUE
At 31 December 2024 - 1 - 4,500 4,501
At 31 December 2023 - 1 - - 1

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 882 4,194
Other Debtors - 4,591
Prepayments 1,500 -
2,382 8,785

S Keene Autos Ltd (Registered number: 03004737)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 11,108 14,838
Corporation tax 6,650 19,861
PAYE 3,025 1,494
VAT 10,861 9,829
Pension fund 296 447
Credit card 1,246 2,137
Net wages 1,137 -
Directors' current accounts 515 208
34,838 48,814