2024-04-012025-03-312025-03-31false12644448KEENGROUND PROPERTIES 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KEENGROUND PROPERTIES LTD

Registered Number
12644448
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2025

KEENGROUND PROPERTIES LTD
Company Information
for the year from 1 April 2024 to 31 March 2025

Director

CLEEVES, Robert Michael

Registered Address

Eastern Kiosk Mariner Point
83 Brighton Road
Shoreham-By-Sea
BN43 6DG

Registered Number

12644448 (England and Wales)
KEENGROUND PROPERTIES LTD
Balance Sheet as at
31 March 2025

Notes

2025

2024

£

£

£

£

Fixed assets
Tangible assets3120,000120,000
120,000120,000
Current assets
Cash at bank and on hand1,2984,314
1,2984,314
Creditors amounts falling due within one year4(18,600)-
Net current assets (liabilities)(17,302)4,314
Total assets less current liabilities102,698124,314
Creditors amounts falling due after one year5(122,411)(140,000)
Net assets(19,713)(15,686)
Capital and reserves
Called up share capital11
Profit and loss account(19,714)(15,687)
Shareholders' funds(19,713)(15,686)
The financial statements were approved and authorised for issue by the Director on 22 July 2025, and are signed on its behalf by:
CLEEVES, Robert Michael
Director
Registered Company No. 12644448
KEENGROUND PROPERTIES LTD
Notes to the Financial Statements
for the year ended 31 March 2025

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
2.Average number of employees

20252024
Average number of employees during the year00
3.Tangible fixed assets

Land & buildings

Total

££
Cost or valuation
At 01 April 24120,000120,000
At 31 March 25120,000120,000
Net book value
At 31 March 25120,000120,000
At 31 March 24120,000120,000
4.Creditors: amounts due within one year

2025

2024

££
Other creditors18,000-
Accrued liabilities and deferred income600-
Total18,600-
5.Creditors: amounts due after one year

2025

2024

££
Bank borrowings and overdrafts122,411140,000
Total122,411140,000