Key ESG Limited - Filleted accounts

Registered number

12899170

Key ESG Limited

Filleted Accounts

31 December 2025

Key ESG Limited
Registered number:		12899170
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		12,078			19,192

Current assets
Debtors	4	320,550			215,939
Cash at bank and in hand		24,797			40,109
		345,347			256,048

Creditors: amounts falling due within one year	5	(1,992,224)			(871,618)

Net current liabilities			(1,646,877)			(615,570)

Total assets less current liabilities			(1,634,799)			(596,378)

Creditors: amounts falling due after more than one year	6		(691,277)			(1,376,268)



Net liabilities			(2,326,076)			(1,972,646)

Capital and reserves
Called up share capital			12			12
Share premium			1,185,468			1,185,468
Pre-subscription for shares	7		500,000			-
Profit and loss account			(4,011,556)			(3,158,126)

Shareholders' funds			(2,326,076)			(1,972,646)

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.




Anne-Marie Schoonbeek		Heleen van Poecke
Director		Director
Approved by the board on 10 September 2026

Key ESG Limited
Notes to the Accounts
for the year ended 31 December 2025


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).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 2 years (equipment)/4 years (office furniture)

	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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		15		16


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 January 2025				42,726
	Additions				5,268
	At 31 December 2025				47,994

	Depreciation
	At 1 January 2025				23,534
	Charge for the year				12,382
	At 31 December 2025				35,916

	Net book value
	At 31 December 2025				12,078
	At 31 December 2024				19,192


4	Debtors		2025		2024
£				£

	Trade debtors		213,016		89,728
	Other debtors		107,534		126,211
			320,550		215,939


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Advance Subscription Agreements		1,312,402		-
	Trade creditors		101,262		85,037
	Taxation and social security costs		(17,866)		2,568
	Other creditors		596,426		784,013
			1,992,224		871,618


6	Creditors: amounts falling due after one year		2025		2024
£				£

	Advance Subscription Agreements		-		1,068,471
	Other creditors		691,277		307,797
			691,277		1,376,268

	During the prior year, the company raised funds via Advance Subscription Agreements. The Advance Subscription Funds shall automatically convert into Conversion Shares at the Conversion Price when a trigger event occurs.

7	Pre-subscription for shares		2025		2024
£				£

	Pre-subscription for shares		500,000		-

	At 31 December 2025		500,000		-


8	Other information

	Key ESG Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Floor 1
	14 Wigmore Street
	London
	W1U 2RE