Company Registration No. 08602409 (England and Wales)
Keaney Properties Limited
Unaudited financial statements
for the year ended 31 August 2024
Pages for filing with the registrar
Keaney Properties Limited
Balance sheet
As at 31 August 2024
1
2024
2023
£
£
£
£
Fixed assets
5,061,076
2,725,676
Current assets
5,148
236,339
Creditors: amounts falling due within one year
(1,653,482)
(941,095)
Net current liabilities
(1,648,334)
(704,756)
Total assets less current liabilities
3,412,742
2,020,920
Creditors: amounts falling due after more than one year
(2,947,605)
(1,585,865)
Net assets
465,137
435,055
Capital and reserves
465,137
435,055
Notes to the financial statements
1
Financial commitments, guarantees and contingencies

Barclays Bank PLC hold a cross guarantee and debenture over the company's assets as security for loans provided to Transitional Care Limited, a connected company in which the director and shareholder Thomas Keaney has significant influence. At the reporting date £607,697 (2023: £653,785) was owed by Transitional Care Limited in respect of these loans.

 

At the reporting date, the company has bank loans of £3,195,142 outstanding (2023: £1,662,240) which is secured by way of a fixed charge over the property's the charge is associated with.

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
2
2

Keaney Properties Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3rd Floor Beacon House, 26-28 Worple Road, London, SW19 4EE.

For the year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

Keaney Properties Limited
Balance sheet (continued)
As at 31 August 2024
2

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 22 May 2025 and are signed on its behalf by:
..............................................
Thomas Keaney
Director
Company registration number 08602409 (England and Wales)
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