Company registration number: 04443787
Annual report and unaudited financial statements
for the year ended 31 May 2026
for
Keys Mobile Limited
Pages for filing with the Registrar
Company registration number: 04443787
Keys Mobile Limited
Balance sheet
as at 31 May 2026
2026 2025
Note £ £ £ £
Fixed assets
Intangible assets 4 1 1
Tangible assets 5 9,523 11,041
9,524 11,042
Current assets
Stocks 12,000 20,000
Debtors 4,586 -
Cash at bank and in hand 143,329 192,647
159,915 212,647
Creditors: amounts falling due within one year
6 (76,838) (80,594)
Net current assets 83,077 132,053
Total assets less current liabilities 92,601 143,095
Creditors: Amounts falling due after more than one year
7 - (166)
Provisions for liabilities (2,000) (2,300)
NET ASSETS 90,601 140,629
Capital and reserves
Called up share capital 100 100
Profit and loss account 90,501 140,529
TOTAL EQUITY 90,601 140,629
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 May 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 04443787
Keys Mobile Limited
Balance sheet - continued
as at 31 May 2026
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr N Clark, Director
27 July 2026
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Keys Mobile Limited
Notes to the financial statements
for the year ended 31 May 2026
1 Company information
Keys Mobile Limited is a private company registered in England and Wales. Its registered number is 04443787. The company is limited by shares. Its registered office is 5 Beacon Croft, Sheffield, South Yorkshire, S9 1EG.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 33.3% per annum over the first 3 years.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixed assets:
Plant and machinery - 25% reducing balance
Fixtures & fittings - 15% reducing balance
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Keys Mobile Limited
Notes to the financial statements - continued
for the year ended 31 May 2026
2 Accounting policies - continued
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 5 (2025 - 6).
4 Intangible assets
Goodwill
£
Cost
At 1 June 2025 10,000
At 31 May 2026 10,000
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Keys Mobile Limited
Notes to the financial statements - continued
for the year ended 31 May 2026
4 Intangible assets - continued
Amortisation
At 1 June 2025 9,999
At 31 May 2026 9,999
Net book value
At 31 May 2026 1
At 31 May 2025 1
5 Tangible fixed assets
Fixed assets
£
Cost
At 1 June 2025 212,621
Additions 738
At 31 May 2026 213,359
Depreciation
At 1 June 2025 201,580
Charge for year 2,256
At 31 May 2026 203,836
Net book value
At 31 May 2026 9,523
At 31 May 2025 11,041
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Keys Mobile Limited
Notes to the financial statements - continued
for the year ended 31 May 2026
6 Creditors: amounts falling due within one year
2026 2025
£ £
Bank loans and overdrafts 167 2,000
Trade creditors 2,393 3,445
Amounts owed to directors 58,591 39,323
Taxation - 18,145
VAT payable 11,858 12,736
Social security and other tax 829 1,195
Accruals and deferred income 3,000 3,750
76,838 80,594
7 Creditors: amounts falling due after more than one year
2026 2025
£ £
Bank loans - 166
8 Related party transactions
The director is also a shareholder of the company. Dividends paid to Mr N Clark, as director and shareholder of the company, during the year (with the previous year shown in brackets) were £22,000 (£22,000).
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