Registration number: 08159471

KEIGHRON-FOSTER LTD

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

KEIGHRON-FOSTER LTD

Company Information

Director

Mr Daniel Faraday-Foster

Registered office

Piccadilly Business Centre Unit C Aldow Enterprise Park Blackett Street Manchester United Kingdom M12 6AE

KEIGHRON-FOSTER LTD

(Registration number: 08159471)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	1,045,000	1,069,752
Current assets
Debtors	6	-	1,195
Cash at bank and in hand		2,615	1,248
		2,615	2,443
Creditors: Amounts falling due within one year	7	(577,273)	(636,003)
Net current liabilities		(574,658)	(633,560)
Total assets less current liabilities		470,342	436,192
Provisions for liabilities		(70,525)	(76,713)
Net assets		399,817	359,479
Capital and reserves
Called up share capital		2	2
Retained earnings		399,815	359,477
Shareholders' funds		399,817	359,479

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

KEIGHRON-FOSTER LTD

(Registration number: 08159471)
Balance Sheet as at 31 March 2026

Approved and authorised by the director on 15 September 2026
 

......................................... Mr Daniel Faraday-Foster Director

KEIGHRON-FOSTER LTD

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Piccadilly Business Centre
Unit C Aldow Enterprise Park
Blackett Street
Manchester
M12 6AE
United Kingdom

These financial statements were authorised for issue by the director on 15 September 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis, with management having given due consideration to the company’s ability to continue as a going concern for at least the next twelve months.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of turnover can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

KEIGHRON-FOSTER LTD

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Depreciation method and rate for tangible assets
Asset class	Depreciation method and rate
Freeholds	No depreciation
Motor vehicles	25% on reducing balance
Fixtures and fittings	25% on cost

Investment property

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

KEIGHRON-FOSTER LTD

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2025 - 1).

4

Taxation

Tax charged/(credited) in the profit and loss account

KEIGHRON-FOSTER LTD

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

	2026 £	2025 £
Current taxation
UK corporation tax	16,135	9,323
Deferred taxation
Arising from origination and reversal of timing differences	(6,188)	(2,063)
Tax expense in the income statement	9,947	7,260

5	Tangible assets

	Land and buildings £	Fixtures and fittings £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2025	1,045,000	16,891	65,492	1,127,383
Disposals	-	-	(65,492)	(65,492)
At 31 March 2026	1,045,000	16,891	-	1,061,891
Depreciation
At 1 April 2025	-	16,891	40,740	57,631
Charge for the year	-	-	3,094	3,094
Eliminated on disposal	-	-	(43,834)	(43,834)
At 31 March 2026	-	16,891	-	16,891
Carrying amount
At 31 March 2026	1,045,000	-	-	1,045,000
At 31 March 2025	1,045,000	-	24,752	1,069,752

Included within the net book value of land and buildings above is £1,045,000 (2025 - £1,045,000) in respect of freehold land and buildings.

 

6

Debtors

Current	2026 £	2025 £
Prepayments	-	1,195
	-	1,195

KEIGHRON-FOSTER LTD

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

7

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	10	-	36,907
Taxation and social security		16,441	9,487
Other creditors		560,832	589,609
		577,273	636,003

8	Provisions for liabilities

	Deferred tax £	Total £
At 1 April 2025	76,713	76,713
Increase (decrease) in existing provisions	(6,188)	(6,188)
At 31 March 2026	70,525	70,525

9	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £1 each	2	2	2	2

10	Loans and borrowings

Current loans and borrowings

	2026 £	2025 £
Hire purchase contracts	-	36,907

11

Dividends

Interim dividends paid

KEIGHRON-FOSTER LTD

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

		2026 £		2025 £
Interim dividend of £Nil per each Ordinary		-		-

12	Financial instruments

Categorisation of financial instruments

2026 £

2025 £