Key Lab Ltd


1 April 2019 false No description of principal activity Taxfiler 2020.14.5 10689745business:PrivateLimitedCompanyLtd2019-04-012020-03-31 106897452019-03-31 106897452019-04-012020-03-31 10689745business:AuditExempt-NoAccountantsReport2019-04-012020-03-31 10689745business:FullAccounts2019-04-012020-03-31 106897452020-03-31 10689745business:Director12019-04-012020-03-31 10689745business:RegisteredOffice2019-04-012020-03-31 106897452019-03-31 10689745core:WithinOneYear2020-03-31 10689745core:WithinOneYear2019-03-31 10689745core:AfterOneYear2020-03-31 10689745core:AfterOneYear2019-03-31 10689745core:ShareCapital2020-03-31 10689745core:ShareCapital2019-03-31 10689745core:RetainedEarningsAccumulatedLosses2020-03-31 10689745core:RetainedEarningsAccumulatedLosses2019-03-31 10689745business:SmallEntities2019-04-012020-03-31 10689745countries:EnglandWales2019-04-012020-03-31 106897452018-04-012019-03-31 iso4217:GBP xbrli:pure
Company Registration No. 10689745 (England and Wales)
Key Lab Ltd Unaudited accounts for the year ended 31 March 2020
Key Lab Ltd Unaudited accounts Contents
Page
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Key Lab Ltd Company Information for the year ended 31 March 2020
Director
Eirini Oikonomou
Company Number
10689745 (England and Wales)
Registered Office
C/O Charterwells Old Brewery House Stanmore HA7 3HA
Accountants
Charterwells The Georgian House 189 Stanmore Hill Stanmore HA7 3HD
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Key Lab Ltd Statement of financial position as at 31 March 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Investment property
129,950 
129,950 
Current assets
Debtors
1,592 
1,292 
Cash at bank and in hand
3,680 
2,674 
5,272 
3,966 
Creditors: amounts falling due within one year
(56,890)
(57,158)
Net current liabilities
(51,618)
(53,192)
Total assets less current liabilities
78,332 
76,758 
Creditors: amounts falling due after more than one year
(95,625)
(95,625)
Net liabilities
(17,293)
(18,867)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(17,294)
(18,868)
Shareholders' funds
(17,293)
(18,867)
For the year ending 31 March 2020 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 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 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 16 October 2020 and were signed on its behalf by
Eirini Oikonomou Director Company Registration No. 10689745
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Key Lab Ltd Notes to the Accounts for the year ended 31 March 2020
1
Statutory information
Key Lab Ltd is a private company, limited by shares, registered in England and Wales, registration number 10689745. The registered office is C/O Charterwells, Old Brewery House, Stanmore, HA7 3HA.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2020 
£ 
Fair value at 1 April 2019
129,950 
At 31 March 2020
129,950 
5
Debtors
2020 
2019 
£ 
£ 
Trade debtors
1,592 
1,292 
6
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Loans from directors
56,179 
56,447 
Accruals
711 
711 
56,890 
57,158 
7
Creditors: amounts falling due after more than one year
2020 
2019 
£ 
£ 
Bank loans
95,625 
95,625 
8
Average number of employees
During the year the average number of employees was 0 (2019: 0).
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