ACCOUNTS - Final Accounts preparation

Company registration number: 15253714

	UNAUDITED ANNUAL REPORT AND FINANCIAL STATEMENTS
	FOR THE PERIOD ENDED 31 MARCH 2025

	KEELY CONSULTANCY LIMITED


KEELY CONSULTANCY LIMITED

COMPANY INFORMATION

Directors	R T Keely (appointed 1 November 2023)
	U M Keely (appointed 1 November 2023)


Registered number	15253714


Registered office	19 Seymour Gardens
	Surbiton
	Surrey
	KT5 8QE


Accountants	Menzies LLP
	Chartered Accountants
	Ashcombe House
	5 The Crescent
	Leatherhead
	Surrey
	KT22 8DY


KEELY CONSULTANCY LIMITED

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 5


KEELY CONSULTANCY LIMITED REGISTERED NUMBER:15253714

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025
Note		£

Fixed assets
Tangible assets	3		2,308
			2,308
Current assets
Debtors: amounts falling due within one year	4	7,849
Cash at bank and in hand		55,508
		63,357
Creditors: amounts falling due within one year	5	(29,071)
Net current assets			34,286
Total assets less current liabilities			36,594
Provisions for liabilities
Deferred tax		(439)
			(439)
Net assets			36,155

Capital and reserves
Allotted, called up, and fully paid share capital			100
Profit and loss account			36,055
			36,155

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

Page 1


KEELY CONSULTANCY LIMITED REGISTERED NUMBER:15253714

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

R T Keely

Director

Date: 1 November 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2


KEELY CONSULTANCY LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025

1.	General information

Keely Consultancy Limited is a private company limited by shares incorporated in England and Wales. The address of the registed office is disclosed on the company information page. The trading address is the same as the registered office.

The company was incorporated on 1 November 2023 and the accounting reference date was changed to 31 March 2025 in order to align with the tax year end.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the company in independently administered funds.

Page 3


KEELY CONSULTANCY LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.4

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment

3 years reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

Page 4


KEELY CONSULTANCY LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.7

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.

3.	Tangible fixed assets

		Office equipment
		£
	Cost
	Additions	2,492
	At 31 March 2025	2,492
	Depreciation
	Charge for the period	184
	At 31 March 2025	184
	Net book value
	At 31 March 2025	2,308

Debtors

					2025
					£


	Trade debtors	7,849
		7,849

5.	Creditors: Amounts falling due within one year
		2025
		£

	Corporation tax	8,943
	Other creditors	16,628
	Accruals and deferred income	3,500
		29,071

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