REGISTERED NUMBER: 11020692 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Keaze Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

O C Thomas

A J Macmillan

SECRETARY:

FM Secretaries Limited

REGISTERED OFFICE:

Balfour House

46-54 Great Titchfield Street

London

London

W1W 7QA

REGISTERED NUMBER:

11020692 (England and Wales)

FIXED ASSETS

Intangible assets

4

2,220,928

2,466,225

Tangible assets

5

1,390

5,994

2,222,318

2,472,219

CURRENT ASSETS

Debtors

6

82,809

431,697

Prepayments and accrued income

41,782

-

Cash at bank

87,444

16,295

212,035

447,992

CREDITORS

Amounts falling due within one year

7

1,308,081

1,838,922

NET CURRENT LIABILITIES

(1,096,046

)

(1,390,930

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,126,272

1,081,289

CREDITORS

Amounts falling due after more than one year

8

15,000

130,528

NET ASSETS

1,111,272

950,761

CAPITAL AND RESERVES

Called up share capital

143

143

Share premium

1,619,331

1,619,331

Retained earnings

(508,202

)

(668,713

)

1,111,272

950,761

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 October 2026 and were signed on its behalf by:

O C Thomas - Director

1.	STATUTORY INFORMATION

Keaze 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Turnover

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - NIL ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

3,566,810

Additions

123,760

At 31 December 2025

3,690,570

AMORTISATION

At 1 January 2025

1,100,585

Charge for year

369,057

At 31 December 2025

1,469,642

NET BOOK VALUE

At 31 December 2025

2,220,928

At 31 December 2024

2,466,225

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

27,613

Additions

3,064

At 31 December 2025

30,677

DEPRECIATION

At 1 January 2025

21,618

Charge for year

7,669

At 31 December 2025

29,287

NET BOOK VALUE

At 31 December 2025

1,390

At 31 December 2024

5,995

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

65,617

283,097

Other debtors

17,192

148,600

82,809

431,697

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

116,777

147,827

Trade creditors

105,954

111,939

Amounts owed to associates

410,125

612,801

Taxation and social security

180,541

440,785

Other creditors

494,684

525,570

1,308,081

1,838,922

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

15,000

130,528

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

£

O C Thomas

Balance outstanding at start of year

-

-

Amounts advanced

17,192

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

17,192

-

10.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £410,125 to Full Communications Limited, a company in liquidation. Prior to going into liquidation, Full Communications Limited was controlled by Mr Owen Thomas, a director of this company.