Company Registration No. 08652766 (England and Wales)
KEYPAR LIMITED
UNAUDITED FINANCIAL STATEMENTS
for the year ended 28 February 2026
KEYPAR LIMITED
UNAUDITED FINANCIAL STATEMENTS
Contents
KEYPAR LIMITED
Company Information
for the year ended 28 February 2026
Company Number
08652766 (England and Wales)
Registered Office
1 Cheshire Drive
Leavesden
Watford
WD25 7GP
Accountants
Infinity Accountants
27 Coniston Gardens
Pinner
Middlesex
HA5 2JN
KEYPAR LIMITED
Statement of financial position
as at 28 February 2026
Tangible assets
38,872
48,590
Inventories
198,135
273,901
Cash at bank and in hand
303,388
242,681
Creditors: amounts falling due within one year
(347,603)
(413,790)
Net current assets
736,178
611,914
Total assets less current liabilities
775,050
660,504
Creditors: amounts falling due after more than one year
(30,037)
(36,252)
Provisions for liabilities
Deferred tax
(9,718)
(12,148)
Net assets
735,295
612,104
Called up share capital
1
1
Profit and loss account
735,294
612,103
Shareholders' funds
735,295
612,104
For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 October 2026 and were signed on its behalf by
Mr P Patel
Director
Company Registration No. 08652766
KEYPAR LIMITED
Notes to the Accounts
for the year ended 28 February 2026
KEYPAR LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08652766. The registered office is 1 Cheshire Drive, Leavesden, Watford, WD25 7GP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% reducing balance
Computer equipment
20% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
KEYPAR LIMITED
Notes to the Accounts
for the year ended 28 February 2026
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2025
54,090
9,093
63,183
At 28 February 2026
54,090
9,093
63,183
At 1 March 2025
10,818
3,775
14,593
Charge for the year
8,654
1,064
9,718
At 28 February 2026
19,472
4,839
24,311
At 28 February 2026
34,618
4,254
38,872
At 28 February 2025
43,272
5,318
48,590
Amounts falling due within one year
Trade debtors
380,671
483,205
Other debtors
124,810
10,042
6
Creditors: amounts falling due within one year
2026
2025
Obligations under finance leases and hire purchase contracts
6,215
6,215
Trade creditors
264,687
290,939
Taxes and social security
59,969
31,054
Loans from directors
12,982
15,632
7
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
30,037
36,252
8
Transactions with related parties
During the year the company granted interest free loan to Niati Ltd. Other debtors include £115,555 (2025: Nil) owed by Niati Ltd.
Keypar Ltd and Niati Ltd are connected by virtue of having a common shareholder.
9
Average number of employees
During the year the average number of employees was 2 (2025: 2).