KEYHOLE CREATIVE MEDIA LIMITED

KEYHOLE CREATIVE MEDIA LIMITED

KEYHOLE CREATIVE MEDIA LIMITED - Company Information

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KEYHOLE CREATIVE MEDIA LIMITED

Company Registration Number:
10314172 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2021

Period of accounts

Start date: 01 September 2020

End date: 31 August 2021

KEYHOLE CREATIVE MEDIA LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2021

Balance sheet
Notes

KEYHOLE CREATIVE MEDIA LIMITED

Balance sheet

As at 31 August 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 6,420 5,534
Total fixed assets: 6,420 5,534
Current assets
Debtors: 4 52,025 39,689
Cash at bank and in hand: 5,259 13,666
Total current assets: 57,284 53,355
Creditors: amounts falling due within one year: 5 (35,674) (17,634)
Net current assets (liabilities): 21,610 35,721
Total assets less current liabilities: 28,030 41,255
Creditors: amounts falling due after more than one year: 6 (37,500) (46,667)
Total net assets (liabilities): (9,470) (5,412)
Capital and reserves
Called up share capital: 150 150
Profit and loss account: (9,620) (5,562)
Shareholders funds: (9,470) (5,412)

The notes form part of these financial statements

KEYHOLE CREATIVE MEDIA LIMITED

Balance sheet statements

For the year ending 31 August 2021 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 April 2022
and signed on behalf of the board by:

Name: A A Dowie
Status: Director

The notes form part of these financial statements

KEYHOLE CREATIVE MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: Computer Equipment 33% cost

KEYHOLE CREATIVE MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2021

2. Employees

2021 2020
Average number of employees during the period 6 7

KEYHOLE CREATIVE MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2021

3. Tangible Assets

Total
Cost £
At 01 September 2020 12,124
Additions 4,043
At 31 August 2021 16,167
Depreciation
At 01 September 2020 6,590
Charge for year 3,157
At 31 August 2021 9,747
Net book value
At 31 August 2021 6,420
At 31 August 2020 5,534

KEYHOLE CREATIVE MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2021

4. Debtors

2021 2020
££
Debtors due after more than one year: 0 0

KEYHOLE CREATIVE MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2021

5. Creditors: amounts falling due within one year note

...............................................................2021........................2020.... Bank Borrowings..............................10000.......................3333 Trade Creditors..................................3123.............................0 Taxes and Social Security..............18293........................11541 Other Creditors.................................4258.........................2760

KEYHOLE CREATIVE MEDIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2021

6. Creditors: amounts falling due after more than one year note

.......................................................2021................2020 Bank Borrowings.....................37500..............46667