REGISTERED NUMBER: 01482108 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Keldene Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs P M Blanche

C M Blanche-Drammeh

SECRETARY:

Mrs P M Blanche

REGISTERED OFFICE:

Barkway Garage

London Road

Barkway

Hertfordshire

SG8 8EY

REGISTERED NUMBER:

01482108 (England and Wales)

ACCOUNTANTS:

Hardcastle Burton LLP

Lake House

Market Hill

Royston

Hertfordshire

SG8 9JN

FIXED ASSETS

Tangible assets

4

59,265

60,649

Investments

5

105,593

99,144

164,858

159,793

CURRENT ASSETS

Stocks

57,336

52,670

Debtors

109,760

67,433

Cash at bank and in hand

417,458

423,883

584,554

543,986

CREDITORS

Amounts falling due within one year

117,181

134,983

NET CURRENT ASSETS

467,373

409,003

TOTAL ASSETS LESS CURRENT LIABILITIES

632,231

568,796

CREDITORS

Amounts falling due after more than one year

-

(222

)

PROVISIONS FOR LIABILITIES

6

(4,651

)

(4,205

)

NET ASSETS

627,580

564,369

CAPITAL AND RESERVES

Called up share

7

199

199

Non-distributable

16,000

16,000

Retained earnings

611,381

548,170

SHAREHOLDERS' FUNDS

627,580

564,369

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

Mrs P M Blanche - Director

1.	STATUTORY INFORMATION

Keldene Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - 2% on cost

Long leasehold- 2% on cost

Plant & machinery- 10% on cost

Motor vehicles- 10% on cost

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, cost of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and loans that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Investments

Investments held for trading are initially recognised at cost and subsequently measured to market value at

year-end. Gains and Losses on revaluation are taken directly to the profit and loss as per FRS26.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

181,520

Additions

6,193

Disposals

(1,500

)

At 31 March 2025

186,213

DEPRECIATION

At 1 April 2024

120,871

Charge for year

6,427

Eliminated on disposal

(350

)

At 31 March 2025

126,948

NET BOOK VALUE

At 31 March 2025

59,265

At 31 March 2024

60,649

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

31.3.25

31.3.24

£

£

Value brought forward

99,144

-

Additions

-

97,000

Gain/loss

6,449

2,144

105,593

99,144

6.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

4,651

4,205

Deferred

tax

£

Balance at 1 April 2024

4,205

Provided during year

446

Balance at 31 March 2025

4,651

7.	CALLED UP SHARE

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

99

Ordinary A

£1

99

99

199

199

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mrs P M Blanche

Balance outstanding at start of year

(16,166

)

(29,190

)

Amounts advanced

68,018

13,024

Amounts repaid

(720

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

51,132

(16,166

)

C M Blanche-Drammeh

Balance outstanding at start of year

1,526

1,586

Amounts advanced

480

480

Amounts repaid

(480

)

(540

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,526

1,526