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Registered number: 04299000
Keycraft Garden Buildings Limited
Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04299000
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 23,178 12,221
23,178 12,221
CURRENT ASSETS
Stocks 6 45,000 45,000
Debtors 7 14,770 7,644
Cash at bank and in hand 18,737 11,237
78,507 63,881
Creditors: Amounts Falling Due Within One Year 8 (90,463 ) (72,120 )
NET CURRENT ASSETS (LIABILITIES) (11,956 ) (8,239 )
TOTAL ASSETS LESS CURRENT LIABILITIES 11,222 3,982
NET ASSETS 11,222 3,982
CAPITAL AND RESERVES
Called up share capital 9 60,100 60,100
Profit and Loss Account (48,878 ) (56,118 )
SHAREHOLDERS' FUNDS 11,222 3,982
Page 1
Page 2
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Jackline West
Director
17 September 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Keycraft Garden Buildings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04299000 . The registered office is 16 Queen Street, Ilkeston, Derbyshire, DE7 5GT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 15% Reducing Balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2024: 13)
14 13
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2025 141,445
As at 31 December 2025 141,445
Amortisation
As at 1 January 2025 141,445
As at 31 December 2025 141,445
Net Book Value
As at 31 December 2025 -
As at 1 January 2025 -
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5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 January 2025 51,899 26,667 41,808 120,374
Additions - 12,000 3,723 15,723
Disposals - - (2,841 ) (2,841 )
As at 31 December 2025 51,899 38,667 42,690 133,256
Depreciation
As at 1 January 2025 45,191 25,771 37,191 108,153
Provided during the period 1,006 2,724 632 4,362
Disposals - - (2,437 ) (2,437 )
As at 31 December 2025 46,197 28,495 35,386 110,078
Net Book Value
As at 31 December 2025 5,702 10,172 7,304 23,178
As at 1 January 2025 6,708 896 4,617 12,221
6. Stocks
2025 2024
£ £
Materials 45,000 45,000
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,876 5,220
Prepayments and accrued income 2,496 2,424
Other debtors 10,398 -
14,770 7,644
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 25,905 36,023
Bank loans and overdrafts 49,232 20,774
Other taxes and social security 4,753 4,756
VAT 9,018 7,876
Other creditors 55 1,191
Accruals and deferred income 1,500 1,500
90,463 72,120
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9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 60,100 60,100
Page 5