1 April 2024 false No description of principal activity Taxfiler 2024.6 3948414 business:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 3948414 2024-03-31 3948414 2024-04-01 2025-03-31 3948414 business:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 3948414 business:FilletedAccounts 2024-04-01 2025-03-31 3948414 2025-03-31 3948414 business:Director1 2024-04-01 2025-03-31 3948414 business:Director2 2024-04-01 2025-03-31 3948414 business:Director3 2024-04-01 2025-03-31 3948414 business:RegisteredOffice 2024-04-01 2025-03-31 3948414 2024-03-31 3948414 core:WithinOneYear 2025-03-31 3948414 core:WithinOneYear 2024-03-31 3948414 core:ShareCapital core:PreviouslyStatedAmount 2025-03-31 3948414 core:ShareCapital core:PreviouslyStatedAmount 2024-03-31 3948414 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 3948414 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-03-31 3948414 core:PreviouslyStatedAmount 2025-03-31 3948414 core:PreviouslyStatedAmount 2024-03-31 3948414 business:SmallEntities 2024-04-01 2025-03-31 3948414 countries:EnglandWales 2024-04-01 2025-03-31 3948414 core:FurnitureFittings 2024-04-01 2025-03-31 3948414 core:MotorVehicles 2024-03-31 3948414 core:FurnitureFittings 2024-03-31 3948414 core:MotorVehicles 2024-04-01 2025-03-31 3948414 core:MotorVehicles 2025-03-31 3948414 core:FurnitureFittings 2025-03-31 3948414 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 3948414 (England and Wales)
Keytech Systems Limited Unaudited accounts for the year ended 31 March 2025
Keytech Systems Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Keytech Systems Limited Company Information for the year ended 31 March 2025
Directors
Matthew Robert Alexander Platts Ruth Elizabeth Platts Robert Victor Graham Platts
Company Number
3948414 (England and Wales)
Registered Office
Unit 12, The Courtyard Stenson Road Coalville Leicestershire LE67 4JP
Accountants
121 Local Accounting Ltd Unit 15, Whitwick Business Centre Stenson Road Coalville Leicestershire LE67 4JP
- 3 -
Keytech Systems Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
34,636
41,667
Current assets
Inventories
204,179
79,962
Debtors
5
344,587
169,997
Cash at bank and in hand
84,404
256,675
633,170
506,634
Creditors: amounts falling due within one year
6
(209,825)
(123,916)
Net current assets
423,345
382,718
Net assets
457,981
424,385
Capital and reserves
Called up share capital
100
100
Profit and loss account
457,881
424,285
Shareholders' funds
457,981
424,385
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2025 and were signed on its behalf by
Robert Victor Graham Platts Director Company Registration No. 3948414
- 4 -
Keytech Systems Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Keytech Systems Limited is a private company, limited by shares, registered in England and Wales, registration number 3948414. The registered office is Unit 12, The Courtyard, Stenson Road, Coalville, Leicestershire, LE67 4JP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% on net book value
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
37,599
13,283
50,882
Additions
-
3,807
3,807
At 31 March 2025
37,599
17,090
54,689
Depreciation
At 1 April 2024
783
8,432
9,215
Charge for the year
9,204
1,634
10,838
At 31 March 2025
9,987
10,066
20,053
Net book value
At 31 March 2025
27,612
7,024
34,636
At 31 March 2024
36,816
4,851
41,667
- 5 -
Keytech Systems Limited Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
-
811
Trade debtors
340,900
165,063
Accrued income and prepayments
1,100
1,536
Other debtors
2,587
2,587
344,587
169,997
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
163,072
84,486
Taxes and social security
28,881
12,320
Other creditors
870
866
Loans from directors
17,002
26,244
209,825
123,916
7
Average number of employees
During the year the average number of employees was 4 (2024: 4).
- 6 -