KEETONS MANAGEMENT SERVICES LIMITED Filleted Accounts Cover
KEETONS MANAGEMENT SERVICES LIMITED
Company No. 00347823
Information for Filing with The Registrar
31 December 2024
KEETONS MANAGEMENT SERVICES LIMITED Directors Report Registrar
The Directors present their report and the accounts for the year ended 31 December 2024.
Principal activities
The principal activity of the company during the year under review was management services.
Directors
The Directors who served at any time during the year were as follows:
M.G. BARLOW
J.N. MARTIN
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
M.G. BARLOW
Director
21 July 2025
KEETONS MANAGEMENT SERVICES LIMITED Balance Sheet Registrar
at
31 December 2024
Company No.
00347823
Notes
2024
2023
£
£
Fixed assets
Intangible assets
4
1,1331,333
Tangible assets
5
2,281,3432,281,680
2,282,4762,283,013
Current assets
Debtors
6
415,261480,873
Cash at bank and in hand
381,226402,134
796,487883,007
Creditors: Amount falling due within one year
7
(11,811)
(90,790)
Net current assets
784,676792,217
Total assets less current liabilities
3,067,1523,075,230
Net assets
3,067,1523,075,230
Capital and reserves
Called up share capital
660,625660,625
Capital redemption reserve
8
39,37539,375
Profit and loss account
8
2,367,1522,375,230
Total equity
3,067,1523,075,230
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 December 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 21 July 2025 and signed on its behalf by:
M.G. BARLOW
Director
21 July 2025
KEETONS MANAGEMENT SERVICES LIMITED Notes to the Accounts Registrar
for the year ended 31 December 2024
1
General information
KEETONS MANAGEMENT SERVICES LIMITED is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 00347823
Its registered office is:
Newfrith House
21 Hyde Street
Winchester
Hampshire
SO23 7DR
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
Intangible fixed assets
Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Computer equipment
33% Straight line
Motor vehicles
20% Straight line
Furniture, fittings and equipment
33% Straight line
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Freehold investment property
Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3
Employees
2024
2023
Number
Number
The average monthly number of employees (including directors) during the year was:
22
4
Intangible fixed assets
Patents and trade-marks
Total
£
£
Cost
At 1 January 2024
2,0002,000
At 31 December 2024
2,0002,000
Amortisation and impairment
At 1 January 2024
667667
Charge for the year
200200
At 31 December 2024
867867
Net book values
At 31 December 2024
1,1331,133
At 31 December 2023
1,3331,333
5
Tangible fixed assets
Land and buildings
Computer equipment
Motor vehicles
Fixtures, fittings and equipment
Total
£
£
£
£
£
Cost or revaluation
At 1 January 2024
2,278,4255,76652,68946,9462,383,826
Additions
-220-2,0422,262
At 31 December 2024
2,278,4255,98652,68948,9882,386,088
Depreciation
At 1 January 2024
-3,01052,19046,946102,146
Charge for the year
-1,8264003732,599
At 31 December 2024
-4,83652,59047,319104,745
Net book values
At 31 December 2024
2,278,4251,150991,6692,281,343
At 31 December 2023
2,278,425
2,756
499
-
2,281,680
6
Debtors
2024
2023
£
£
Trade debtors
-382
Amounts owed by group undertakings
302,459378,302
VAT recoverable
887-
Other debtors
110,19491,601
Prepayments and accrued income
1,72110,588
415,261480,873
7
Creditors:
amounts falling due within one year
2024
2023
£
£
Trade creditors
6968,612
Taxes and social security
-
522
Loans from directors
8,97475,256
Accruals and deferred income
2,1416,400
11,81190,790
8
Reserves
Capital redemption reserve
Total other reserves
£
£
At 1 January 2023
39,375
39,375
At 31 December 2023 and 1 January 2024
39,375
39,375
At 31 December 2024
39,37539,375
Capital redemption reserve - records the nominal value of shares repurchased by the company.
Profit and loss account - includes all current and prior period retained profits and losses.
9
Dividends
2024
2023
£
£
Dividends for the period:
Dividends paid in the period
-
35,000
-
35,000
Dividends by type:
Equity dividends
-35,000
-
35,000
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