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Registration number: 01546260

Keava Investments Limited Unaudited Financial Statements for the Year Ended 31 December 2024
Brebners Chartered Accountants 1st Floor 1 Suffolk Way Sevenoaks Kent TN13 1YL

Keava Investments Limited

Statement of Financial Position as at 31 December 2024

| Note | 2024 £ | 2023 £
Fixed assets |  |  |
Investment property | 4 | 1,676,146 | 1,562,951
Current assets |  |  |
Debtors | 5 | 42,350 | 7,021
Cash at bank and in hand |  | 13,252 | 22,261
|  | 55,602 | 29,282
Creditors: Amounts falling due within one year | 6 | (481,002) | (458,813)
Net current liabilities |  | (425,400) | (429,531)
Total assets less current liabilities |  | 1,250,746 | 1,133,420
Provisions for liabilities |  | (188,388) | (160,089)
Net assets |  | 1,062,358 | 973,331
Capital and reserves |  |  |
Called up share capital |  | 1,000 | 1,000
Retained earnings |  | 1,061,358 | 972,331
Shareholders' funds |  | 1,062,358 | 973,331

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 17 September 2025 and signed on its behalf by:

.........................................

Mr R B Saddler

Director

Company registration number: 01546260

Keava Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Rectory Farm
Rectory Lane
Sevenoaks
Kent
TN13 1JA

The principal activity of the company is that of property investment.

2 | Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The company made a profit for the year ended 31 December 2024 and had net assets at that date amounting to £1,062,358.
Having made enquiries the directors have a reasonable expectation that the company has adequate resources to remain in operational existence for the foreseeable future. Accordingly, the directors continue to prepare the financial statements on the going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable in respect of rents receivable in the ordinary course of the company's activities. Turnover is shown net of value added tax, returns, rebates and discounts.
The company recognises rents receivable evenly over the period of the leases or licences.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Keava Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the directors. The directors use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company during the year was 2 (2023 - 2).

4 | Investment properties

| 2024 £
Fair Value
At 1 January 2024 | 1,562,951
Additions | 17,945
Fair value adjustments | 95,250
At 31 December 2024 | 1,676,146

The investment properties are stated at fair value as estimated by the directors at 31 December 2024 at an amount of £1,676,146 based upon the rental yields achieved and their knowledge of the market.

Keava Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

5 | Debtors

| 2024 £ | 2023 £
Other debtors | 42,350 | 7,021
| 42,350 | 7,021

6 | Creditors

Creditors: amounts falling due within one year

| 2024 £ | 2023 £
Taxation and social security | 12,625 | 4,487
Other creditors | 468,377 | 454,326
| 481,002 | 458,813

7 | Profit and loss account

The profit and loss account includes an amount of £835,258 (2023: £768,307) which is non-distributable.