KEELEY NURSERY LIMITED - Filleted accounts

KEELEY NURSERY LIMITED
Registered number:		07407728
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		189,574			189,574
Tangible assets	4		304,325			309,387
			493,899			498,961

Current assets
Trade Debtors	5	38,185			83,825
Cash at bank and in hand		149,629			59,557
		187,814			143,382

Creditors: amounts falling due within one year	6	(203,599)			(464,898)

Net current liabilities			(15,785)			(321,516)

Total assets less current liabilities			478,114			177,445

Creditors: amounts falling due after more than one year	7		(565,197)			(357,597)



Net liabilities			(87,083)			(180,152)

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			(88,083)			(181,152)

Shareholders' funds			(87,083)			(180,152)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr. Mukesh Parekh
Director
Approved by the board on 18 November 2025

KEELEY NURSERY LIMITED
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

	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 services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					14		14


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 April 2024							189,574
	At 31 March 2025							189,574

	Amortisation
	At 31 March 2025							-

	Net book value
	At 31 March 2025							189,574
	At 31 March 2024							189,574

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Goodwill		Total
£			£		£		£
	Cost
	At 1 April 2024	99,842		72,892		185,000		357,734
	Additions	-		1,433		-		1,433
	At 31 March 2025	99,842		74,325		185,000		359,167

	Depreciation
	At 1 April 2024	-		48,347		-		48,347
	Charge for the year	-		6,495		-		6,495
	At 31 March 2025	-		54,842		-		54,842

	Net book value
	At 31 March 2025	99,842		19,483		185,000		304,325
	At 31 March 2024	99,842		24,545		185,000		309,387




5	Debtors					2025		2024
£							£

	Trade debtors					27,685		73,325
	Rent Deposit					10,500		10,500
						38,185		83,825


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					3,984		2,252
	Trade creditors					-		255,258
	Directors account					-		21,638
	Other taxes and social security costs					99,016		98,195
	Other creditors					100,599		87,555
						203,599		464,898


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					8,476		18,904
	Loans and other creditors					301,464		338,421
	Other creditors					255,257		272
						565,197		357,597


8	Other information

	KEELEY NURSERY LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	Fernacre, 30 Woodfield Hill
	Coulsfon
	Surrey
	CR5 3EP