Keith Investments Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 00722164 (England and Wales)

Unaudited Financial Statements for the Year Ended 5 April 2021

for

Keith Investments Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Miss C E Hatton

SECRETARY:

V Welsh

REGISTERED OFFICE:

61 Rodney Street

Liverpool

Merseyside

L1 9ER

REGISTERED NUMBER:

00722164 (England and Wales)

ACCOUNTANTS:

Alexander Myerson & Co Limited

Alexander House

61 Rodney Street

Liverpool

Merseyside

L1 9ER

FIXED ASSETS

Investments

4

2,298,470

1,685,936

CURRENT ASSETS

Debtors

50,356

36,750

Cash at bank

500,604

509,034

550,960

545,784

CREDITORS

Amounts falling due within one year

16,058

27,107

NET CURRENT ASSETS

534,902

518,677

TOTAL ASSETS LESS CURRENT LIABILITIES

2,833,372

2,204,613

CAPITAL AND RESERVES

Called up share capital

5

2

2

Revaluation reserve

6

10,024

10,024

Retained earnings

2,823,346

2,194,587

SHAREHOLDERS' FUNDS

2,833,372

2,204,613

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 5 April 2021 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 February 2022 and were signed by:

Miss C E Hatton - Director

1.	STATUTORY INFORMATION

Keith Investments 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.	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 as modified by the revaluation of certain assets.

Investments

Fixed asset investments are revalued using the revaluation model on an annual basis in line with fair value measurement. Any changes to the market value of the investments are included in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST OR VALUATION

At 6 April 2020

1,685,936

Additions

348,303

Disposals

(285,153

)

Revaluations

549,384

At 5 April 2021

2,298,470

NET BOOK VALUE

At 5 April 2021

2,298,470

At 5 April 2020

1,685,936

Cost or valuation at 5 April 2021 is represented by:

Totals

£

Valuation in 2016

937,973

Valuation in 2017

29,581

Valuation in 2018

(121,701

)

Valuation in 2019

91,952

Valuation in 2020

(321,458

)

Valuation in 0

612,534

Cost

1,069,589

2,298,470

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

5.4.21

5.4.20

value:

£

£

2

Ordinary Shares

£1

2

2

6.

RESERVES

Revaluation

reserve

£

At 6 April 2020

and 5 April 2021

10,024

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 5 April 2021 and 5 April 2020:

5.4.21

5.4.20

£

£

Miss C E Hatton

Balance outstanding at start of year

-

(1,800

)

Amounts repaid

-

1,800

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-