REGISTERED NUMBER: 02521006 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2026

for

Keyspline Engineering Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J Woodhead

Mr R Dodd

REGISTERED OFFICE:

Unit 1

West Carr Road

Dinnington

S25 2RH

REGISTERED NUMBER:

02521006 (England and Wales)

ACCOUNTANTS:

Hawson Jefferies

Suite 4

164-170 Queens Road

Sheffield

South Yorkshire

S2 4DH

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

990,411

1,041,230

990,411

1,041,230

CURRENT ASSETS

Stocks

4,437

10,957

Debtors

6

259,773

234,011

Cash at bank and in hand

907,534

964,806

1,171,744

1,209,774

CREDITORS

Amounts falling due within one year

7

168,448

211,754

NET CURRENT ASSETS

1,003,296

998,020

TOTAL ASSETS LESS CURRENT LIABILITIES

1,993,707

2,039,250

PROVISIONS FOR LIABILITIES

63,164

82,126

NET ASSETS

1,930,543

1,957,124

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,930,541

1,957,122

SHAREHOLDERS' FUNDS

1,930,543

1,957,124

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Board of Directors and authorised for issue on 24 July 2026 and were signed on its behalf by:

Mr J Woodhead - Director

Mr R Dodd - Director

1.	STATUTORY INFORMATION

Keyspline Engineering 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 1999, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2025 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2025

and 31 May 2026

140,000

AMORTISATION

At 1 June 2025

and 31 May 2026

140,000

NET BOOK VALUE

At 31 May 2026

-

At 31 May 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 June 2025

703,958

1,202,655

47,699

Additions

-

6,372

-

At 31 May 2026

703,958

1,209,027

47,699

DEPRECIATION

At 1 June 2025

-

930,259

38,939

Charge for year

-

41,819

1,314

At 31 May 2026

-

972,078

40,253

NET BOOK VALUE

At 31 May 2026

703,958

236,949

7,446

At 31 May 2025

703,958

272,396

8,760

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 June 2025

100,799

4,591

2,059,702

Additions

-

-

6,372

At 31 May 2026

100,799

4,591

2,066,074

DEPRECIATION

At 1 June 2025

44,979

4,295

1,018,472

Charge for year

13,955

103

57,191

At 31 May 2026

58,934

4,398

1,075,663

NET BOOK VALUE

At 31 May 2026

41,865

193

990,411

At 31 May 2025

55,820

296

1,041,230

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Trade debtors

140,323

195,243

Other debtors

119,450

38,768

259,773

234,011

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Trade creditors

73,706

60,270

Corporation tax

18,503

42,456

Social security and other taxes

11,677

10,364

Wages

7,519

7,102

Pension

513

502

VAT

42,936

52,792

Directors' current accounts

-

29,291

Accrued expenses

13,594

8,977

168,448

211,754