Company registration number: 10260123
Unaudited financial statements
for the year ended 31 March 2025
for
Keenan Family Investments Limited
Pages for filing with the Registrar
Keenan Family Investments Limited
Accountants' Report to the Board of Directors for the preparation of the unaudited
financial statements
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Keenan Family Investments Limited for the year ended 31 March 2025 which comprise the Profit and loss account, Balance sheet and the notes to the financial statements from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Keenan Family Investments Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Keenan Family Investments Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Keenan Family Investments Limited and its Board of Directors, as a body, for our work, or for this report.
It is your duty to ensure that Keenan Family Investments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Keenan Family Investments Limited. You consider that Keenan Family Investments Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Keenan Family Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Affable Accountancy Ltd
6 Mendip Way
Corby
Northamptonshire
NN18 8GJ
United Kingdom
Date: 23 October 2025
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Company registration number: 10260123
Keenan Family Investments Limited
Balance sheet
as at 31 March 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 625 3,747
Investments 5 987,602 1,018,944
Investment property 6 315,663 315,663
1,303,890 1,338,354
Current assets
Debtors 3,999 5,649
Cash at bank and in hand 15,835 23,389
19,834 29,038
Creditors: amounts falling due within one
year 		(999,473) (1,022,789)
Net current liabilities (979,639) (993,751)
Total assets less current liabilities 324,251 344,603
Provisions for liabilities (38,277) (38,277)
NET ASSETS 285,974 306,326
Capital and reserves
Called up share capital 10 10
Profit and loss account 285,964 306,316
TOTAL EQUITY 285,974 306,326
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 10260123
Keenan Family Investments Limited
Balance sheet - continued
as at 31 March 2025
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 21 October 2025 and signed on its behalf by:
Mr G Keenan, Director
21 October 2025
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Keenan Family Investments Limited
Notes to the financial statements
for the year ended 31 March 2025
1 Company information
Keenan Family Investments Limited is a private company registered in England and Wales. Its registered number is 10260123. The company is limited by shares. Its registered office is 46 PARROCK ROAD, GRAVESEND, KENT, DA12 1QH.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Computer equipment - 25% straight line
Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
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Keenan Family Investments Limited
Notes to the financial statements - continued
for the year ended 31 March 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3 Average number of employees
During the year the average number of employees was 2 (2024 - 2).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 April 2024 12,491
At 31 March 2025 12,491
Depreciation
At 1 April 2024 8,744
Charge for year 3,122
At 31 March 2025 11,866
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Keenan Family Investments Limited
Notes to the financial statements - continued
for the year ended 31 March 2025
4 Tangible fixed assets - continued
Net book value
At 31 March 2025 625
At 31 March 2024 3,747
5 Fixed asset investments
Investments other than loans
Other
investments
other than
loans
£
Cost
At 1 April 2024 1,018,944
Additions 394,666
Disposals (378,350)
Revaluations (47,658)
At 31 March 2025 987,602
Net book value
At 31 March 2025 987,602
At 31 March 2024 1,018,944
6 Investment property
£
Valuation
At 1 April 2024 315,663
Disposals -
At 31 March 2025 315,663
7 Related party transactions
During the year a director loaned £31,000 (2023 - £66,000) to the company. At the balance sheet date the company owed a director £318,519 (2023 - £514,037). This loan is interest free and repayable on demand.
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