IRIS Accounts Production v25.4.0.155 09364974 director 1.10.24 30.9.25 30.9.25 2.4.26 false true false false true false Auditors Opinion iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 09364974 2024-09-30 09364974 2025-09-30 09364974 2024-10-01 2025-09-30 09364974 2023-09-30 09364974 2023-10-01 2024-09-30 09364974 2024-09-30 09364974 ns15:EnglandWales 2024-10-01 2025-09-30 09364974 ns14:PoundSterling 2024-10-01 2025-09-30 09364974 ns10:Director1 2024-10-01 2025-09-30 09364974 ns10:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 09364974 ns10:SmallEntities 2024-10-01 2025-09-30 09364974 ns10:Audited 2024-10-01 2025-09-30 09364974 ns10:SmallCompaniesRegimeForDirectorsReport 2024-10-01 2025-09-30 09364974 ns10:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 09364974 ns10:FullAccounts 2024-10-01 2025-09-30 09364974 ns10:CompanySecretary1 2024-10-01 2025-09-30 09364974 ns10:RegisteredOffice 2024-10-01 2025-09-30 09364974 ns5:CurrentFinancialInstruments 2025-09-30 09364974 ns5:CurrentFinancialInstruments 2024-09-30 09364974 ns5:ShareCapital 2025-09-30 09364974 ns5:ShareCapital 2024-09-30 09364974 ns5:RetainedEarningsAccumulatedLosses 2025-09-30 09364974 ns5:RetainedEarningsAccumulatedLosses 2024-09-30 09364974 ns5:FurnitureFittings 2024-09-30 09364974 ns5:ComputerEquipment 2024-09-30 09364974 ns5:FurnitureFittings 2024-10-01 2025-09-30 09364974 ns5:ComputerEquipment 2024-10-01 2025-09-30 09364974 ns5:FurnitureFittings 2025-09-30 09364974 ns5:ComputerEquipment 2025-09-30 09364974 ns5:FurnitureFittings 2024-09-30 09364974 ns5:ComputerEquipment 2024-09-30 09364974 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-09-30 09364974 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-09-30

REGISTERED NUMBER: 09364974 (England and Wales)

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

KEY 2 SPACE LIMITED

| KEY 2 SPACE LIMITED (REGISTERED NUMBER: 09364974) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 3 |

| KEY 2 SPACE LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 30 SEPTEMBER 2025

| DIRECTOR: | C T Wilkins

| SECRETARY: | I A Hinton

| REGISTERED OFFICE: | C/O Kingsbury Jig & Tool Group Limited

| London Road

| Bassetts Pole

| Sutton Coldfield

| West Midlands

| B75 5SA

| REGISTERED NUMBER: | 09364974 (England and Wales)

| AUDITORS: | Crombies Accountants Limited

| Chartered Accountants and Statutory Auditor

| 34 Waterloo Road

| Wolverhampton

| West Midlands

| WV1 4DG

| KEY 2 SPACE LIMITED (REGISTERED NUMBER: 09364974) |

STATEMENT OF FINANCIAL POSITION

30 SEPTEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 6,706 |  | 7,617 |  |

CURRENT ASSETS

Debtors | 5 | 4,755 |  | 4,208 |  |

Prepayments and accrued income | 3,883 |  | 3,678 |  |

Cash at bank | 2,353 |  | 3,547 |  |

10,991 |  | 11,433 |  |

CREDITORS

Amounts falling due within one year | 6 | 400,879 |  | 397,904 |  |

NET CURRENT LIABILITIES | (389,888 | ) | (386,471 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (383,182 | ) | (378,854 | ) |

CAPITAL AND RESERVES

Called up share capital | 10 |  | 10 |  |

Retained earnings | (383,192 | ) | (378,864 | ) |

SHAREHOLDERS' FUNDS | (383,182 | ) | (378,854 | ) |

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 April 2026 and were signed by:

C T Wilkins - Director

| KEY 2 SPACE LIMITED (REGISTERED NUMBER: 09364974) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

1. | STATUTORY INFORMATION

| Key 2 Space Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the 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.

| The financial statements have been prepared under the historical cost convention and in accordance with applicable accounting standards.

| The financial statements have been prepared on the going concern basis in light of the continued support from Kingsbury Jig & Tool Group Limited, an associated company.

| 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

| Fixed assets are stated at historical cost.

| Depreciation is provided on all tangible fixed assets at rates calculated to write each asset down to its estimated residual value evenly over its expected useful life, as follows:-

| Fixtures and Fittings |  | 10% on cost |  |

| Computer Equipment |  | 10% on cost |  |

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

| KEY 2 SPACE LIMITED (REGISTERED NUMBER: 09364974) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 October 2024 | 227,349 |  | 13,524 |  | 240,873 |  |

| Additions | - |  | 565 |  | 565 |  |

| At 30 September 2025 | 227,349 |  | 14,089 |  | 241,438 |  |

| DEPRECIATION

| At 1 October 2024 | 219,732 |  | 13,524 |  | 233,256 |  |

| Charge for year | 1,448 |  | 28 |  | 1,476 |  |

| At 30 September 2025 | 221,180 |  | 13,552 |  | 234,732 |  |

| NET BOOK VALUE

| At 30 September 2025 | 6,169 |  | 537 |  | 6,706 |  |

| At 30 September 2024 | 7,617 |  | - |  | 7,617 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 4,755 |  | 4,208 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 1,730 |  | 1,772 |  |

| Taxation and social security | 1,381 |  | 1,244 |  |

| Other creditors | 397,768 |  | 394,888 |  |

400,879 |  | 397,904 |  |

7. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Mark Fletcher BSc ACA (Senior Statutory Auditor)

| for and on behalf of Crombies Accountants Limited

8. | ULTIMATE CONTROLLING PARTY

| The controlling party is Kingsbury Jig & Tool Group Limited.

| The ultimate controlling party is C T Wilkins.