REGISTERED NUMBER: 04713881 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Keable & Flowers Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Intangible assets

5

-

-

Tangible assets

6

93,390

110,557

93,390

110,557

Current assets

Inventory

7

15,500

17,000

Debtors

8

1,196

2,896

Cash at bank and in hand

232,427

215,222

249,123

235,118

Creditors

Amounts falling due within one year

9

(93,568

)

(78,989

)

Net current assets

155,555

156,129

Total assets less current liabilities

248,945

266,686

Provisions for liabilities

10

(21,380

)

(25,361

)

Net assets

227,565

241,325

Capital and reserves

Called up share capital

100

100

Retained earnings

227,465

241,225

227,565

241,325

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.

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 8 September 2025 and were signed on its behalf by:

Mr A M Flowers - Director

1.	Statutory information

Keable & Flowers Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04713881

Registered office:

31 Carlton Road

Lowestoft

Suffolk

NR33 0RU

2.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Critical accounting judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover

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

Goodwill

Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life.

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

Tangible fixed assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Long leasehold - straight line over the term of the lease

Improvements to property - 10% on cost

Plant and machinery - 20% on reducing balance

Motor vehicles - 20% on reducing balance

Computer equipment - 33% on cost

Inventories

Inventories have been valued at the lower of cost and net estimated selling price, less costs to sell.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Assets held under finance leases and hire purchase contracts are recognised in the balance sheet as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.

Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

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.

4.	Employees and directors

The average number of employees during the year was 31 (2024 - 31 ) .

5.	Intangible fixed assets

Goodwill

£

Cost

At 1 April 2024

and 31 March 2025

45,000

Amortisation

At 1 April 2024

and 31 March 2025

45,000

Net book value

At 31 March 2025

-

At 31 March 2024

-

6.	Tangible fixed assets

Improvements

Plant and

Motor

Computer

to property

machinery

vehicles

equipment

Totals

£

£

£

£

£

Cost

At 1 April 2024

46,330

378,307

95,054

9,232

528,923

Additions

-

2,435

-

2,416

4,851

Disposals

-

(745

)

-

-

(745

)

At 31 March 2025

46,330

379,997

95,054

11,648

533,029

Depreciation

At 1 April 2024

39,102

339,321

30,852

9,091

418,366

Charge for year

904

7,905

12,841

368

22,018

Eliminated on disposal

-

(745

)

-

-

(745

)

At 31 March 2025

40,006

346,481

43,693

9,459

439,639

Net book value

At 31 March 2025

6,324

33,516

51,361

2,189

93,390

At 31 March 2024

7,228

38,986

64,202

141

110,557

7.

Inventory

2025

2024

£

£

Inventory

15,500

17,000

8.

Debtors: amounts falling due within one year

2025

2024

£

£

Amounts owed by group undertakings

360

-

Other debtors

410

-

Prepayments

426

2,896

1,196

2,896

9.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

20,418

20,598

Tax

23,158

16,066

Social security and other taxes

248

255

VAT

43,846

35,821

Other creditors

-

989

Directors' current accounts

1,023

8

Accruals and deferred income

4,875

5,252

93,568

78,989

10.	Provisions for liabilities

2025

2024

£

£

Deferred tax

21,380

25,361

Deferred tax

£

Balance at 1 April 2024

25,361

Credit to Statement of Income and Retained Earnings during year

(3,981

)

Balance at 31 March 2025

21,380

11.	Other financial commitments

At 31 March 2025, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £67,200 (2024 - £77,700).