Key 900 Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13133584

KEY 900 LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED

27 January 2025

KEY 900 LTD

STATEMENT OF FINANCIAL POSITION

27 January 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	4		207,777		237,262

CURRENT ASSETS

Debtors	5	20,048	20,754
Cash at bank and in hand		1,417	3,331
		--------	--------
		21,465	24,085

CREDITORS: amounts falling due within one year	6	( 364,051)		( 353,945)
		---------		---------
NET CURRENT LIABILITIES			( 342,586)		( 329,860)
			---------		---------
TOTAL ASSETS LESS CURRENT LIABILITIES			( 134,809)		( 92,598)
			---------		--------
NET LIABILITIES			( 134,809)		( 92,598)
			---------		--------

CAPITAL AND RESERVES

Called up share capital	100	100
Profit and loss account	( 134,909)	( 92,698)
	---------	--------
SHAREHOLDERS DEFICIT	( 134,809)	( 92,598)
	---------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 27 January 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

KEY 900 LTD

STATEMENT OF FINANCIAL POSITION (continued)

27 January 2025

These financial statements were approved by the board of directors and authorised for issue on 24 April 2026 , and are signed on behalf of the board by:

L Schneider

Director

Company registration number: 13133584

KEY 900 LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 27 JANUARY 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 20-22 Bridge End, Leeds, LS1 4DJ, United Kingdom.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover comprises rents received, excluding Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on the taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substanively enacted at the reporting date.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	20% straight line
Fixtures and fittings	-	20% straight line

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

4. TANGIBLE ASSETS

	Freehold property	Plant and machinery	Fixtures and fittings	Total
	£	£	£	£
Cost
At 29 January 2024 and 27 January 2025	146,404	31,572	115,857	293,833
	---------	--------	---------	---------
Depreciation
At 29 January 2024	–	10,229	46,342	56,571
Charge for the year	–	6,314	23,171	29,485
	---------	--------	---------	---------
At 27 January 2025	–	16,543	69,513	86,056
	---------	--------	---------	---------
Carrying amount
At 27 January 2025	146,404	15,029	46,344	207,777
	---------	--------	---------	---------
At 28 January 2024	146,404	21,343	69,515	237,262
	---------	--------	---------	---------

Investment property has been valued by the director, on an open market basis, as at 27 January 2025.

5. DEBTORS

	2025	2024
	£	£
Trade debtors	16,048	16,754
Other debtors	4,000	4,000
	--------	--------
	20,048	20,754
	--------	--------

6. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	29,475	159,234
Social security and other taxes	450	–
Other creditors	334,126	194,711
	---------	---------
	364,051	353,945
	---------	---------