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Company Registration No. 09076143 (England and Wales)
Kethro Ltd Unaudited accounts for the year ended 30 June 2025
Kethro Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Kethro Ltd Company Information for the year ended 30 June 2025
Director
Christopher Green
Company Number
09076143 (England and Wales)
Registered Office
Swift Accounting, Ground Floor The Custom House, The Strand Barnstaple Devon EX31 1EU England
Accountants
Swift Accounting & Bookkeeping Services Ltd Ground Floor The Custom House The Strand Barnstaple Devon EX31 1EU
- 3 -
Kethro Ltd Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
5
492,841
334,675
Investments
6
50
50
492,891
334,725
Current assets
Debtors
7
372,053
288,916
Cash at bank and in hand
602
69,629
372,655
358,545
Creditors: amounts falling due within one year
8
(224,188)
(362,353)
Net current assets/(liabilities)
148,467
(3,808)
Total assets less current liabilities
641,358
330,917
Creditors: amounts falling due after more than one year
9
(354,434)
(72,000)
Provisions for liabilities
Deferred tax
(18,759)
(20,160)
Net assets
268,165
238,757
Capital and reserves
Called up share capital
100
100
Profit and loss account
268,065
238,657
Shareholders' funds
268,165
238,757
For the year ending 30 June 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 March 2026 and were signed on its behalf by
Christopher Green Director Company Registration No. 09076143
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Kethro Ltd Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Kethro Ltd is a private company, limited by shares, registered in England and Wales, registration number 09076143. The registered office is Swift Accounting, Ground Floor, The Custom House, The Strand, Barnstaple, Devon, EX31 1EU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% on cost
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Computer equipment
33% on cost
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses.
- 5 -
Kethro Ltd Notes to the Accounts for the year ended 30 June 2025
4
Intangible fixed assets
Goodwill
£
Cost
At 1 July 2024
25,000
At 30 June 2025
25,000
Amortisation
At 1 July 2024
25,000
At 30 June 2025
25,000
Net book value
At 30 June 2025
-
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2024
243,895
95,136
111,081
1,799
451,911
Additions
173,072
3,808
13,500
-
190,380
At 30 June 2025
416,967
98,944
124,581
1,799
642,291
Depreciation
At 1 July 2024
15,326
44,806
55,305
1,799
117,236
Charge for the year
7,534
10,826
13,854
-
32,214
At 30 June 2025
22,860
55,632
69,159
1,799
149,450
Net book value
At 30 June 2025
394,107
43,312
55,422
-
492,841
At 30 June 2024
228,569
50,330
55,776
-
334,675
6
Investments
Other investments
£
Valuation at 1 July 2024
50
Valuation at 30 June 2025
50
7
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
53,662
-
Trade debtors
72,806
219,259
Accrued income and prepayments
183,335
7,757
309,803
227,016
Amounts falling due after more than one year
Amounts due from group undertakings etc.
62,250
61,900
- 6 -
Kethro Ltd Notes to the Accounts for the year ended 30 June 2025
8
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
22,576
-
VAT
-
59,168
Trade creditors
42,798
6,383
Taxes and social security
46,641
40,325
Other creditors
-
109
Loans from directors
100,380
84,491
Deferred income
11,793
171,877
224,188
362,353
9
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
354,434
72,000
On 18th June 2025 a Fixed Charge was applied to the company relating the mortgage of commercial property, of which security of the property itself has been given.
10
Average number of employees
During the year the average number of employees was 2 (2024: 2).
- 7 -