REGISTERED NUMBER: 05515911 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

KEIWAY ELECTRICAL ENGINEERING LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

127,484

130,002

CURRENT ASSETS

Debtors

5

29,424

98,289

Investments

6

46,294

45,642

Cash at bank

57,385

43,356

133,103

187,287

CREDITORS

Amounts falling due within one year

7

53,406

78,697

NET CURRENT ASSETS

79,697

108,590

TOTAL ASSETS LESS CURRENT LIABILITIES

207,181

238,592

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

8

28,401

28,651

Retained earnings

178,778

209,939

SHAREHOLDERS' FUNDS

207,181

238,592

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

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

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 June 2025 and were signed on its behalf by:

Mr K Sowden - Director

Mr W Sowden - Director

1.	STATUTORY INFORMATION

KeiWay Electrical Engineering Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

05515911

Registered office:

Grenville House

9 Boutport Street

Barnstaple

Devon

EX31 1TZ

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.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

125,879

45,062

42,854

9,180

222,975

DEPRECIATION

At 1 April 2024

-

40,939

42,854

9,180

92,973

Charge for year

-

2,518

-

-

2,518

At 31 March 2025

-

43,457

42,854

9,180

95,491

NET BOOK VALUE

At 31 March 2025

125,879

1,605

-

-

127,484

At 31 March 2024

125,879

4,123

-

-

130,002

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

29,424

98,289

6.	CURRENT ASSET INVESTMENTS

The listed investments are stated at fair value. The original cost was £17,893 (2024: £16,992)

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,200

1,200

Taxation and social security

18,391

42,526

Other creditors

33,815

34,971

53,406

78,697

8.

RESERVES

Fair

value

reserve

£

At 1 April 2024

28,651

Transfer

(250

)

At 31 March 2025

28,401