KEY RING LETTINGS CIC

Company limited by guarantee

Company Registration Number:
08462449 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

KEY RING LETTINGS CIC

Contents of the Financial Statements

for the Period Ended 31 March 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

KEY RING LETTINGS CIC

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Directors

The directors shown below have held office during the whole of the period from
1 April 2024 to 31 March 2025

Dominic Hegan
David Bonstow
Janet Errington
Martin Lovell
Richard Pinnock


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
11 July 2025

And signed on behalf of the board by:
Name: Dominic Hegan
Status: Director

KEY RING LETTINGS CIC

Profit And Loss Account

for the Period Ended 31 March 2025

2025 2024


£

£
Turnover: 30,942 31,415
Cost of sales: 0 0
Gross profit(or loss): 30,942 31,415
Administrative expenses: ( 50,009 ) ( 69,522 )
Operating profit(or loss): (19,067) (38,107)
Profit(or loss) before tax: (19,067) (38,107)
Profit(or loss) for the financial year: (19,067) (38,107)

KEY RING LETTINGS CIC

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 227 302
Total fixed assets: 227 302
Current assets
Cash at bank and in hand: 86,088 79,476
Total current assets: 86,088 79,476
Net current assets (liabilities): 86,088 79,476
Total assets less current liabilities: 86,315 79,778
Accruals and deferred income: ( 152,226 ) ( 126,622 )
Total net assets (liabilities): (65,911) (46,844)
Members' funds
Profit and loss account: (65,911) ( 46,844)
Total members' funds: ( 65,911) (46,844)

The notes form part of these financial statements

KEY RING LETTINGS CIC

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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 Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 11 July 2025
and signed on behalf of the board by:

Name: Dominic Hegan
Status: Director

The notes form part of these financial statements

KEY RING LETTINGS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

KEY RING LETTINGS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 2 2

KEY RING LETTINGS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2024 4,074 4,074
Additions
Disposals
Revaluations
Transfers
At 31 March 2025 4,074 4,074
Depreciation
At 1 April 2024 3,772 3,772
Charge for year 75 75
On disposals
Other adjustments
At 31 March 2025 3,847 3,847
Net book value
At 31 March 2025 227 227
At 31 March 2024 302 302

COMMUNITY INTEREST ANNUAL REPORT

KEY RING LETTINGS CIC

Company Number: 08462449 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

Key Ring Lettings CIC is a lettings and property management company which finds private rental properties to provide homes for people on low incomes and the homeless.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
11 July 2025

And signed on behalf of the board by:
Name: Dominic Hegan
Status: Director