KEELEY DEVELOPMENTS LTD - Filleted accounts

Registered number

09032603

KEELEY DEVELOPMENTS LTD

Filleted Accounts

31 March 2026

KEELEY DEVELOPMENTS LTD
Registered number:		09032603
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Investments	3		456,000			330,000

Current assets
Cash at bank and in hand		2,933			1,599

Creditors: amounts falling due within one year	4	(115,732)			(81,068)

Net current liabilities			(112,799)			(79,469)

Total assets less current liabilities			343,201			250,531

Creditors: amounts falling due after more than one year	5		(300,449)			(203,114)

Provisions for liabilities			(9,049)			(9,049)


Net assets			33,703			38,368

Capital and reserves
Called up share capital			2			2
Profit and loss account			33,701			38,366

Shareholders' funds			33,703			38,368

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




S Keeley
Director
Approved by the board on 23 July 2026

KEELEY DEVELOPMENTS LTD
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees	2026		2025
Number			Number

	Average number of persons employed by the company	0		0


3	Investment Property
Investments in
subsidiary
undertakings
£
	Fair value
	At 1 April 2025			330,000
	Additions			126,000

	At 31 March 2026			456,000

	Historical cost
	At 1 April 2025			282,375
	At 31 March 2026			408,375

	The investment property was valued by the directors on a fair value basis at 31 March 2026 at £456,000 (2025 £330,000)


4	Creditors: amounts falling due within one year	2026		2025
£			£

	Loans from related parties	112,431		78,431
	Taxation and social security costs	767		1,773
	Other creditors	2,534		864
		115,732		81,068


5	Creditors: amounts falling due after one year	2026		2025
£			£

	Bank loans	300,449		203,114


6	Loans	2026		2025
£			£
	Creditors include:

	Secured bank loans	300,449		203,114

	Each loan is secured on the investment property to which it relates.


7	Related party transactions

	Loans from related parties (the directors) are unsecured, interest-free and repayable on demand.


8	Other information

	KEELEY DEVELOPMENTS LTD is a private company limited by shares and incorporated in England. Its registered office is:
	6 Hornchurch Drive
	Great Sankey
	Warrington
	Cheshire
	WA5 1ZN