The Keep Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01593934 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

THE KEEP LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

M J Barber

C W Smith

G Konstantinidis

E D Barford

S Turner

M Saw

A Fensome

A M Keech

N Horrell

M Clarke

J Owen

SECRETARY:

K W T Osuch

REGISTERED OFFICE:

The Keep

Bedford Road

Kempston

Bedfordshire

MK42 8AJ

REGISTERED NUMBER:

01593934 (England and Wales)

ACCOUNTANTS:

Thompsons Accountancy Services Ltd

2 Manor Farm Court Old Wolverton Road

Old Wolverton

Milton Keynes

Buckinghamshire

MK12 5NN

FIXED ASSETS

Tangible assets

5

575,483

586,633

Investment property

6

720,000

1,295,483

1,306,633

CURRENT ASSETS

Debtors

7

9,140

-

Cash at bank

205,494

223,791

214,634

223,791

CREDITORS

Amounts falling due within one year

8

14,350

57,030

NET CURRENT ASSETS

200,284

166,761

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,495,767

1,473,394

PROVISIONS FOR LIABILITIES

9

137,500

NET ASSETS

1,358,267

1,335,894

CAPITAL AND RESERVES

Allotted, called up and

fully paid share capital

60,000

Other reserves

10

598,886

569,162

Retained earnings

10

699,381

706,732

SHAREHOLDERS' FUNDS

1,358,267

1,335,894

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 August 2026 and were signed on its behalf by:

M J Barber - Director

G Konstantinidis - Director

1.	STATUTORY INFORMATION

The Keep 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

TURNOVER

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

TANGIBLE FIXED ASSETS

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

Fixtures and fittings

-

15% on reducing balance

During the year the directors' decided to change the Accounting Policy and show the Freehold property at its true market value.

Freehold property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

INVESTMENT PROPERTY

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

COST OR VALUATION

At 1 January 2025

480,000

297,488

777,488

Additions

-

5,700

At 31 December 2025

480,000

303,188

783,188

DEPRECIATION

At 1 January 2025

-

190,855

Charge for year

-

16,850

At 31 December 2025

-

207,705

NET BOOK VALUE

At 31 December 2025

480,000

95,483

575,483

At 31 December 2024

480,000

106,633

586,633

Cost or valuation at 31 December 2025 is represented by:

Fixtures

Freehold

and

property

fittings

Totals

£

Valuation in 2022

220,000

-

220,000

Cost

260,000

303,188

563,188

480,000

303,188

783,188

If Freehold property had not been revalued they would have been included at the following historical cost:

2025

2024

£

Cost

260,000

The property was valued on an open market basis on 31 December 2024 by the directors .

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

720,000

NET BOOK VALUE

At 31 December 2025

720,000

At 31 December 2024

720,000

Fair value at 31 December 2025 is represented by:

£

Valuation in 2022

720,000

If property and improvements had not been revalued they would have been included at the following historical cost:

2025

2024

£

Cost

358,665

Aggregate depreciation

(54,749

)

(53,380

)

The property was valued on an open market basis on 31 December 2024 by the directors .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

9,140

-

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other creditors

12,350

55,430

Accrued expenses

2,000

1,600

14,350

57,030

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

Other timing differences

137,500

Deferred

tax

£

Balance at 1 January 2025

137,500

Balance at 31 December 2025

137,500

10.

RESERVES

Retained

Other

earnings

reserves

Totals

£

At 1 January 2025

706,732

569,162

1,275,894

Profit for the year

22,373

Transfer to Other reserves

(29,724

)

29,724

-

At 31 December 2025

699,381

598,886

1,298,267

The purpose of the Other reserves is to provide a fund to meet unexpected liabilities.

11.	RELATED PARTY DISCLOSURES

During the year, various shareholder Masonic Lodges made voluntary contributions of £29,724 (2024 - £17,688) to assist with the upkeep of the property maintained by the company.