KEYWAY ESTATES LIMITED


Directors	CHAMBERLAIN, Charles Edwick
	CHAMBERLAIN, Louise
	FRANKS, David Ivan
	SPENSER MORRIS, Michael Paul
	SPENSER-MORRIS, Judy Anne
	TRIM, Philip Roger Hugo


Company Secretary	SPENSER MORRIS, Judy Anne


Registered Address	Saffron Lodge Rickmansworth Road Rickmansworth Road
	Chorleywood
	Rickmansworth
	WD3 5SQ


Registered Number	04049038 (England and Wales)

Balance Sheet as at
30 June 2025

	Notes	2025		2024
		£	£	£	£
Current assets
Stocks	3	648,181		629,714
Debtors		90		619
Cash at bank and on hand		6,180		3,247
		654,451		633,580
Creditors amounts falling due within one year	4	(21,270)		(1,200)
Net current assets (liabilities)			633,181		632,380
Total assets less current liabilities			633,181		632,380
Creditors amounts falling due after one year	5		(11,330)		(11,330)
Net assets			621,851		621,050
Capital and reserves
Called up share capital			2,906		2,906
Profit and loss account			618,945		618,144
Shareholders' funds			621,851		621,050

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 26 August 2025, and are signed on its behalf by:

TRIM, Philip Roger Hugo
Director
Registered Company No. 04049038

KEYWAY ESTATES LIMITED

Notes to the Financial Statements
for the year ended 30 June 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 compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Stocks

	2025	2024
	£	£
Work in progress	296,472	278,004
Other stocks	351,709	351,710
Total	648,181	629,714

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	4,950	-
Taxation and social security	120	-
Other creditors	15,000	-
Accrued liabilities and deferred income	1,200	1,200
Total	21,270	1,200


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	11,330	11,330
Total	11,330	11,330

6.	Related party transactions
	At the balance sheet date, the company owed the following amounts to Directors: Mr P Trim £1875 (2024: £0) Mr & Mrs Chamberlain £7500 (2024: £0) Mr & Mrs Spenser Morris £4500 (2024: £0) Tradeleader Ltd controlled by a director, Mr D I Franks £1125 (2024: £0) The loans are unsecured, interest-free and repayable on demand.