REGISTERED NUMBER: 04993800 (England and Wales)

KEELEY ANN'S LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S H Smith

Mrs W Smith

REGISTERED OFFICE:

299 Kitts Green Road

Kitts Green

Birmingham

West Midlands

B33 0EH

REGISTERED NUMBER:

04993800 (England and Wales)

ACCOUNTANTS:

Weatherer Bailey Bragg

Chartered Accountants

100 Boldmere Road

Sutton Coldfield

West Midlands

B73 5UB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,627

3,526

2,627

3,526

CURRENT ASSETS

Stocks

66,417

56,281

Debtors

6

157,192

155,807

Cash at bank and in hand

18,318

14,362

241,927

226,450

CREDITORS

Amounts falling due within one year

7

(50,715

)

(45,489

)

NET CURRENT ASSETS

191,212

180,961

TOTAL ASSETS LESS CURRENT LIABILITIES

193,839

184,487

CREDITORS

Amounts falling due after more than one year

8

(5,834

)

(12,834

)

PROVISIONS FOR LIABILITIES

(578

)

(670

)

NET ASSETS

187,427

170,983

CAPITAL AND RESERVES

Called up share capital

10

2

2

Retained earnings

187,425

170,981

SHAREHOLDERS' FUNDS

187,427

170,983

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2025 and were signed on its behalf by:

S H Smith - Director

1.	STATUTORY INFORMATION

Keeley Ann's 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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, net of

discounts and value added taxes. Turnover includes revenue earned from the sale of

goods and from the rendering of pawnbroking services.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Improvements to property

-

20% on cost

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

165,126

AMORTISATION

At 1 February 2024

and 31 January 2025

165,126

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 February 2024

and 31 January 2025

5,936

23,259

22,336

51,531

DEPRECIATION

At 1 February 2024

5,936

21,752

20,317

48,005

Charge for year

-

226

673

899

At 31 January 2025

5,936

21,978

20,990

48,904

NET BOOK VALUE

At 31 January 2025

-

1,281

1,346

2,627

At 31 January 2024

-

1,507

2,019

3,526

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/25

31/1/24

£

£

Interest on pawnbroking debt

33,495

33,060

Cash out on loan

114,305

112,508

VAT

222

168

Prepayments

9,170

10,071

157,192

155,807

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/25

31/1/24

£

£

Bank loans and overdrafts

7,000

7,000

Trade creditors

1,970

(694

)

Corporation tax payable

29,046

29,216

Social security and other

taxes

3,003

(1,390

)

Other creditors

1,075

3,759

Directors' loan accounts

4,168

3,273

Sundry creditors and accruals

4,453

4,325

50,715

45,489

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/1/25

31/1/24

£

£

Bank loans - 1-2 years

5,834

7,000

Bank loans - 2-5 years

-

5,834

5,834

12,834

9.	SECURED DEBTS

The following secured debts are included within creditors:

31/1/25

31/1/24

£

£

Bank loans

12,834

19,834

The UK Government has provided a guarantee for the bounce back loan should the company default on repayment.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/1/25

31/1/24

value:

£

£

2

Ordinary

£1

2

2

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31/1/25

31/1/24

£

£

S H Smith and Mrs W Smith

Balance outstanding at start of year

(3,273

)

(5,703

)

Amounts advanced

94,812

80,521

Amounts repaid

(95,707

)

(78,091

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(4,168

)

(3,273

)

No interest is charged on directors loans. Amounts are repayable on demand.