REGISTERED NUMBER: 09351279 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MARCH 2025

FOR

THE KEDDIE INVESTMENT COMPANY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S E Booth

Miss H E K Booth

T A K Booth

REGISTERED OFFICE:

Chestnut House

25 Eastgate

Lund

Driffield

East Yorkshire

YO25 9TQ

REGISTERED NUMBER:

09351279 (England and Wales)

ACCOUNTANTS:

Sowerby

Chartered Accountants

Beckside Court

Annie Reed Road

Beverley

East Yorkshire

HU17 0LF

FIXED ASSETS

Tangible assets

4

552,489

569,650

CURRENT ASSETS

Debtors

5

379

847

Investments

6

44,607

59,510

Cash at bank

15,816

20,657

60,802

81,014

CREDITORS

Amounts falling due within one year

7

591,007

596,469

NET CURRENT LIABILITIES

(530,205

)

(515,455

)

TOTAL ASSETS LESS CURRENT LIABILITIES

22,284

54,195

CREDITORS

Amounts falling due after more than one year

8

(4,202

)

(8,301

)

PROVISIONS FOR LIABILITIES

(2,300

)

(2,378

)

NET ASSETS

15,782

43,516

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

15,682

43,416

SHAREHOLDERS' FUNDS

15,782

43,516

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by:

Mrs S E Booth - Director

1.	STATUTORY INFORMATION

The Keddie Investment Company Limited is a private company limited by shares and incorporated and domiciled in England. It has its registered office and principal place of business at Chestnut House, 25 Eastgate, Lund, Driffield, YO25 9TQ.

The principal activity of the company is that of an investment company.

The presentational currency of the financial statements is 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.

Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

Turnover

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

Tangible fixed assets

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

Plant and machinery etc

-

10% on cost

Tangible fixed assets are held under the historical cost model.

If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.

Where an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, to the extent that the increased carrying amount does not exceed the carrying amount that would have been determined (net of depreciation) had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised as income immediately.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

Investments

Investments where the shares are publicly traded or their fair value can otherwise be measured reliably are measured at fair value, with changes in fair value recognised in profit or loss. All other investments are measured at cost less impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST

At 31 March 2024

612,529

14,613

627,142

Additions

-

1,400

1,400

At 30 March 2025

612,529

16,013

628,542

DEPRECIATION

At 31 March 2024

53,900

3,592

57,492

Charge for year

16,983

1,578

18,561

At 30 March 2025

70,883

5,170

76,053

NET BOOK VALUE

At 30 March 2025

541,646

10,843

552,489

At 30 March 2024

558,629

11,021

569,650

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

379

847

6.	CURRENT ASSET INVESTMENTS

Listed Investments

Fair Value

At 1 April 2024

59,510

Additions

25,388

Disposals

(27,289

)

Change in value during the period

(13,002

)

At 31 March 2025

44,607

Listed investments are stated at fair value, being the quoted market price.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

4,099

3,998

Trade creditors

1,198

2,376

Tax

595

1,309

Directors' current accounts

581,995

585,816

Accrued expenses

3,120

2,970

591,007

596,469

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

4,202

4,099

Bank loans - 2-5 years

-

4,202

4,202

8,301

9.	RELATED PARTY DISCLOSURES