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Registered Number: 16010426
England and Wales

 

 

 

KEEYSHAY DEVELOPMENTS LTD



Unaudited Financial Statements
 


Period of accounts

Start date: 10 October 2024

End date: 31 December 2025
  2025
    £ £
Fixed assets   183,544 
Current assets 142,912   
Creditors: amount falling due within one year (59,636)  
Net current assets   83,276 
Total assets less current liabilities   266,820 
Creditors: amount falling due after more than one year   (137,048)
Net assets   129,772 
 

     
Capital and reserves   129,772 
 
NOTES TO THE ACCOUNTS

General Information
KEEYSHAY DEVELOPMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 16010426, registration address 5 Corporation Street, WALSALL, WS1 4HW.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 20% Straight Line
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

During the year, the company capitalised expenditure of £58,152 relating to improvement works carried out on a property. Following completion of the works, the property was recognised at fair value of £177,721. The property was transferred to the company from a company under common control for nil consideration, with the corresponding credit recognised directly in equity.
2.

Tangible fixed assets

Cost or valuation Plant and Machinery   Investment properties   Total
  £   £   £
At 10 October 2024    
Additions 7,279    177,721    185,000 
Disposals    
At 31 December 2025 7,279    177,721    185,000 
Depreciation
At 10 October 2024    
Charge for period 1,456      1,456 
On disposals    
At 31 December 2025 1,456      1,456 
Net book values
Closing balance as at 31 December 2025 5,823    177,721    183,544 
Opening balance as at 10 October 2024    


3.

Average number of employees

Average number of employees during the period was 1.

4.

Related Party Transaction

During the year, a property was transferred to the company from a company under common control for nil consideration as part of a group reorganisation. The property was recognised at fair value on initial recognition, with the corresponding credit recognised directly in equity. No gain or loss arose on the transfer.

For the period ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.

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.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 12 January 2026 and were signed on its behalf by:


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Atulkumar JOBANPUTRA
Director
1