Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-31false2024-01-01No description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 02017137 2024-01-01 2024-12-31 02017137 2023-01-01 2023-12-31 02017137 2024-12-31 02017137 2023-12-31 02017137 c:Director1 2024-01-01 2024-12-31 02017137 d:FurnitureFittings 2024-01-01 2024-12-31 02017137 d:FurnitureFittings 2024-12-31 02017137 d:FurnitureFittings 2023-12-31 02017137 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 02017137 d:FreeholdInvestmentProperty 2024-12-31 02017137 d:FreeholdInvestmentProperty 2023-12-31 02017137 d:CurrentFinancialInstruments 2024-12-31 02017137 d:CurrentFinancialInstruments 2023-12-31 02017137 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 02017137 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 02017137 d:ShareCapital 2024-12-31 02017137 d:ShareCapital 2023-12-31 02017137 d:RetainedEarningsAccumulatedLosses 2024-12-31 02017137 d:RetainedEarningsAccumulatedLosses 2023-12-31 02017137 c:FRS102 2024-01-01 2024-12-31 02017137 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 02017137 c:FullAccounts 2024-01-01 2024-12-31 02017137 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 02017137 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Registered number: 02017137








 
KEYSUN LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 DECEMBER 2024







Fletcher & Partners
Chartered Accountants
Salisbury

 
KEYSUN LIMITED
REGISTERED NUMBER:02017137

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
8,558
10,973

Investment property
 5 
190,000
190,000

  
198,558
200,973

Current assets
  

Cash at bank and in hand
 6 
3,644
2,296

  
3,644
2,296

Creditors: amounts falling due within one year
 7 
(210,950)
(200,916)

Net current liabilities
  
 
 
(207,306)
 
 
(198,620)

Total assets less current liabilities
  
(8,748)
2,353

  

Net (liabilities)/assets
  
(8,748)
2,353


Capital and reserves
  

Called up share capital 
  
81,362
81,362

Profit and loss account
  
(90,110)
(79,009)

  
(8,748)
2,353


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question 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 financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



Dr O U Kalthoff
Director
Date: 26 August 2025

Page 1

 
KEYSUN LIMITED
REGISTERED NUMBER:02017137

BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The notes on pages 3 to 5 form part of these financial statements.
Page 2

 
KEYSUN LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Keysun Limited is a private company limited by shares and incorporated in England with the registered number 02017137. Its registered office is Crown Chambers, Bridge Street, Salisbury, Wiltshire, SP1 2LZ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures & fittings
-
10%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

  
2.4

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of Comprehensice Income.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 3

 
KEYSUN LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.6

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.

 
2.7

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Tangible fixed assets





Fixtures & fittings

£



Cost or valuation


At 1 January 2024
47,743



At 31 December 2024

47,743



Depreciation


At 1 January 2024
36,770


Charge for the year on owned assets
2,415



At 31 December 2024

39,185



Net book value



At 31 December 2024
8,558



At 31 December 2023
10,973

Page 4

 
KEYSUN LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Investment property


Freehold investment property

£



Valuation


At 1 January 2024
190,000



At 31 December 2024
190,000

The 2024 valuations were made by the directors, on an open market value for existing use basis.





6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
3,644
2,296

3,644
2,296



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
210,950
200,916

210,950
200,916




Page 5