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REGISTERED NUMBER: 05288558 (England and Wales)












Financial Statements

for the Year Ended 31st October 2024

for

KEYSTONE COMMUNICATIONS LTD

KEYSTONE COMMUNICATIONS LTD (REGISTERED NUMBER: 05288558)

Contents of the Financial Statements
for the year ended 31st October 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KEYSTONE COMMUNICATIONS LTD

Company Information
for the year ended 31st October 2024







DIRECTOR: Miss T C Rushton-Thorpe





REGISTERED OFFICE: 1 Tower House
Hoddesdon
Hertfordshire
EN11 8UR





REGISTERED NUMBER: 05288558 (England and Wales)





ACCOUNTANTS: Attenboroughs (Accountants) Limited
Chartered Certified Accountants
1 Tower House
Tower Centre
Hoddesdon
Hertfordshire
EN11 8UR

KEYSTONE COMMUNICATIONS LTD (REGISTERED NUMBER: 05288558)

Balance Sheet
31st October 2024

31/10/24 31/10/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 177,983 183,820

CURRENT ASSETS
Debtors 5 84,756 86,880
Cash at bank and in hand 81,674 45,096
166,430 131,976
CREDITORS
Amounts falling due within one year 6 69,877 79,079
NET CURRENT ASSETS 96,553 52,897
TOTAL ASSETS LESS CURRENT
LIABILITIES

274,536

236,717

CREDITORS
Amounts falling due after more than one year 7 (98,099 ) (104,860 )

PROVISIONS FOR LIABILITIES (2,129 ) (2,564 )
NET ASSETS 174,308 129,293

CAPITAL AND RESERVES
Called up share capital 9 100 100
Capital redemption reserve 100 100
Retained earnings 174,108 129,093
SHAREHOLDERS' FUNDS 174,308 129,293

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

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

The director acknowledges her 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.

KEYSTONE COMMUNICATIONS LTD (REGISTERED NUMBER: 05288558)

Balance Sheet - continued
31st October 2024


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 4th April 2025 and were signed by:





Miss T C Rushton-Thorpe - Director


KEYSTONE COMMUNICATIONS LTD (REGISTERED NUMBER: 05288558)

Notes to the Financial Statements
for the year ended 31st October 2024


1. STATUTORY INFORMATION

KEYSTONE COMMUNICATIONS 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

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.

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 7 (2023 - 7 ) .

KEYSTONE COMMUNICATIONS LTD (REGISTERED NUMBER: 05288558)

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


4. TANGIBLE FIXED ASSETS
Fixtures
Long and Computer
leasehold fittings equipment Totals
£    £    £    £   
COST
At 1st November 2023 177,423 26,850 29,728 234,001
Additions - - 5,208 5,208
At 31st October 2024 177,423 26,850 34,936 239,209
DEPRECIATION
At 1st November 2023 7,097 18,905 24,179 50,181
Charge for year 3,548 3,973 3,524 11,045
At 31st October 2024 10,645 22,878 27,703 61,226
NET BOOK VALUE
At 31st October 2024 166,778 3,972 7,233 177,983
At 31st October 2023 170,326 7,945 5,549 183,820

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/24 31/10/23
£    £   
Trade debtors 75,829 78,328
Other debtors 4,250 4,250
Prepayments 4,677 4,302
84,756 86,880

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/24 31/10/23
£    £   
Bank loans and overdrafts 6,761 6,476
Trade creditors 2,866 1,752
Tax 27,818 36,041
Social security and other taxes 3,665 4,064
VAT 21,894 25,050
Other creditors 3,230 2,158
Directors' current accounts 658 658
Accrued expenses 2,985 2,880
69,877 79,079

KEYSTONE COMMUNICATIONS LTD (REGISTERED NUMBER: 05288558)

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


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/10/24 31/10/23
£    £   
Bank loans - 1-2 years 7,058 6,761
Bank loans - 2-5 years 23,091 22,118
Bank loans more 5 yr by instal 67,950 75,981
98,099 104,860

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 67,950 75,981

8. SECURED DEBTS

The following secured debts are included within creditors:

31/10/24 31/10/23
£    £   
Bank loans 104,860 111,336

The above loan is secured by way of a legal charge over Unit 20 Tesla Court, Innovation Way, Peterborough and a debenture.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/10/24 31/10/23
value: £    £   
100 Ordinary £1 100 100

10. ULTIMATE CONTROLLING PARTY

The controlling party is Miss T C Rushton-Thorpe.