KEY SEEKERS LTD


Directors	Miss H Merritt
	Dr D S Patel


Registered Address	Falcon Garage
	Burghfield Road
	Tadley
	RG26 4QY


Registered Number	11415163 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	4		217,508		217,508
			217,508		217,508
Current assets
Debtors	5	1,326		1,326
Cash at bank and on hand		3,561		5,087
		4,887		6,413
Creditors amounts falling due within one year	6	(1,326)		(1,326)
Net current assets (liabilities)			3,561		5,087
Total assets less current liabilities			221,069		222,595
Creditors amounts falling due after one year	7		(232,817)		(232,064)
Net assets			(11,748)		(9,469)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(11,848)		(9,569)
Shareholders' funds			(11,748)		(9,469)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 12 June 2025, and are signed on its behalf by:

Dr D S Patel
Director

Miss H Merritt
Director

Registered Company No. 11415163

KEY SEEKERS LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	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 (as applied to small entities by section 1A of the standard).

	Revenue from sale of goods
	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.

Revenue from sale of goods

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 and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Fixtures and fittings	3

	Investment property
	Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognized in profit or loss.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 April 24	1,641	1,641
At 31 March 25	1,641	1,641
Depreciation and impairment
At 01 April 24	1,641	1,641
At 31 March 25	1,641	1,641
Net book value
At 31 March 25	-	-
At 31 March 24	-	-

4.	Investment property


		£
	Fair value at 01 April 24	217,508
	At 31 March 25	217,508

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	1,326	1,326
Total	1,326	1,326

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Other creditors	1,326	1,326
Total	1,326	1,326

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	151,470	150,716
Other creditors	81,347	81,348
Total	232,817	232,064

8.	Directors advances, credits and guarantees
	Director loan account balance of £41,174 (2024 : £41,174) related Dilen Patel and £40,174 ( 2024 : £40,174) related to Hollie Merritt.