REGISTERED NUMBER: 03265778 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

KEO CONTRACTORS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P A Sanders

Mr A D Kelf

Mrs P J Sanders

SECRETARY:

Mrs P J Sanders

REGISTERED OFFICE:

Touchette House

Dewing Road, Rackheath Industrial Estate

Rackheath

Norwich

Norfolk

NR13 6PS

REGISTERED NUMBER:

03265778 (England and Wales)

ACCOUNTANTS:

Sexty & Co

Chartered Certified Accountants

124 Thorpe Road

Norwich

Norfolk

NR1 1RS

FIXED ASSETS

Tangible assets

4

122,479

143,841

CURRENT ASSETS

Stocks

5

15,000

55,000

Debtors

6

142,810

300,925

Cash at bank and in hand

114,288

134,044

272,098

489,969

CREDITORS

Amounts falling due within one year

7

284,668

515,432

NET CURRENT LIABILITIES

(12,570

)

(25,463

)

TOTAL ASSETS LESS CURRENT LIABILITIES

109,909

118,378

CREDITORS

Amounts falling due after more than one year

8

-

(6,608

)

PROVISIONS FOR LIABILITIES

(20,000

)

(25,000

)

NET ASSETS

89,909

86,770

CAPITAL AND RESERVES

Called up share capital

240

240

Capital redemption reserve

760

760

Retained earnings

88,909

85,770

SHAREHOLDERS' FUNDS

89,909

86,770

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 17 November 2025 and were signed on its behalf by:

Mr P A Sanders - Director

1.	STATUTORY INFORMATION

Keo Contractors 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Work in progress is valued at the lower of cost and net realisable value, less amounts invoiced on account. Amounts invoiced in excess of valuation are included in the balance sheet as trade creditors. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 10 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 July 2024

103,622

5,500

231,046

35,900

376,068

Additions

5,154

-

13,495

-

18,649

Disposals

-

-

(13,876

)

-

(13,876

)

At 30 June 2025

108,776

5,500

230,665

35,900

380,841

DEPRECIATION

At 1 July 2024

84,392

4,202

108,341

35,292

232,227

Charge for year

4,052

519

33,790

608

38,969

Eliminated on disposal

-

-

(12,834

)

-

(12,834

)

At 30 June 2025

88,444

4,721

129,297

35,900

258,362

NET BOOK VALUE

At 30 June 2025

20,332

779

101,368

-

122,479

At 30 June 2024

19,230

1,298

122,705

608

143,841

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Motor

vehicles

£

COST

At 1 July 2024

and 30 June 2025

67,978

DEPRECIATION

At 1 July 2024

and 30 June 2025

38,866

NET BOOK VALUE

At 30 June 2025

29,112

At 30 June 2024

29,112

5.

STOCKS

2025

2024

£

£

Stocks

5,000

5,000

Work-in-progress

10,000

50,000

15,000

55,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

117,774

300,588

VAT

24,626

-

Prepayments

410

337

142,810

300,925

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans

-

10,392

Trade creditors

237,065

411,352

Tax

9,600

-

Social security and other taxes

35,683

23,172

VAT

-

68,246

Accruals and deferred income

2,320

2,270

284,668

515,432

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other loans - 1-2 years

-

6,608