Company Registration No. NI654866 (Northern Ireland)
KEY FACILITIES LTD
Unaudited accounts
for the year ended 31 August 2024
KEY FACILITIES LTD
Unaudited accounts
Contents
KEY FACILITIES LTD
Company Information
for the year ended 31 August 2024
Company Number
NI654866 (Northern Ireland)
Registered Office
12 LISNAREE ROAD
RATHFRILAND
NEWRY
BT34 5DX
UNITED KINGDOM
Accountants
BHP ACCOUNTANTS LTD
5 SUGARHOUSE QUAY
NEWRY
BT35 6HZ
KEY FACILITIES LTD
Statement of financial position
as at 31 August 2024
Tangible assets
116,792
82,284
Cash at bank and in hand
1,710
57
Creditors: amounts falling due within one year
(267,737)
(557,994)
Net current (liabilities)/assets
(144,514)
269,698
Called up share capital
17
17
Profit and loss account
6,799
386,503
Shareholders' funds
6,816
386,520
For the year ending 31 August 2024 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 director acknowledges his 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 and authorised for issue on 2 May 2025 and were signed on its behalf by
COLM MCALINDEN
Director
Company Registration No. NI654866
KEY FACILITIES LTD
Notes to the Accounts
for the year ended 31 August 2024
KEY FACILITIES LTD is a private company, limited by shares, registered in Northern Ireland, registration number NI654866. The registered office is 12 LISNAREE ROAD, RATHFRILAND, NEWRY, BT34 5DX, 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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
28,213
64,177
42,437
134,827
Additions
12,967
61,057
6,184
80,208
At 31 August 2024
41,180
125,234
48,621
215,035
At 1 September 2023
14,341
23,163
15,039
52,543
Charge for the year
10,426
25,472
9,802
45,700
At 31 August 2024
24,767
48,635
24,841
98,243
At 31 August 2024
16,413
76,599
23,780
116,792
At 31 August 2023
13,872
41,014
27,398
82,284
5
Investments
Other investments
Valuation at 1 September 2023
34,538
Valuation at 31 August 2024
34,538
KEY FACILITIES LTD
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
83,871
742,778
Other debtors
31,367
65,529
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
44,415
45,062
Obligations under finance leases and hire purchase contracts
15,631
20,821
Trade creditors
76,545
287,293
Taxes and social security
(10,178)
12,772
Other creditors
137,042
187,703
8
Average number of employees
During the year the average number of employees was 9 (2023: 8).