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Company Registration No. 9380910 (England and Wales)
KEEP ON EXPLORING LIMITED Unaudited accounts for the year ended 31 January 2025
KEEP ON EXPLORING LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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KEEP ON EXPLORING LIMITED Company Information for the year ended 31 January 2025
Director
Mr S Roberts
Company Number
9380910 (England and Wales)
Registered Office
West Clayton Business Centre Berry Lane Chorleywood Hertfordshire WD3 5EX United Kingdom
Accountants
GIA Foley & Co West Clayton Business Centre Berry Lane Chorleywood Hertfordshire WD3 5EX
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KEEP ON EXPLORING LIMITED Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
195
466
Current assets
Inventories
240,000
220,000
Debtors
5
5,935
5,874
Cash at bank and in hand
2,770
11,203
248,705
237,077
Creditors: amounts falling due within one year
6
(211,462)
(193,351)
Net current assets
37,243
43,726
Total assets less current liabilities
37,438
44,192
Creditors: amounts falling due after more than one year
7
(31,376)
(37,506)
Net assets
6,062
6,686
Capital and reserves
Called up share capital
100
100
Profit and loss account
5,962
6,586
Shareholders' funds
6,062
6,686
For the year ending 31 January 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 director acknowledges his 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 and authorised for issue on 13 October 2025 and were signed on its behalf by
Mr S Roberts Director Company Registration No. 9380910
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KEEP ON EXPLORING LIMITED Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
KEEP ON EXPLORING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 9380910. The registered office is West Clayton Business Centre , Berry Lane , Chorleywood, Hertfordshire, WD3 5EX, United Kingdom.
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:
Plant & machinery
4 years straight line
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 February 2024
1,292
At 31 January 2025
1,292
Depreciation
At 1 February 2024
826
Charge for the year
271
At 31 January 2025
1,097
Net book value
At 31 January 2025
195
At 31 January 2024
466
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KEEP ON EXPLORING LIMITED Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
5,935
5,874
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
4,500
4,500
Trade creditors
3,107
601
Taxes and social security
15,244
19,254
Other creditors
182,611
165,996
Accruals
6,000
3,000
211,462
193,351
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
31,376
37,506
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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