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2024-03-31-accounts
|
Page |
StrategicReport |
1-8 |
StatementofTrustees |
9 |
Independentauditorsreport |
10-12 |
StatementofComprehensiveIncome |
13 |
BalanceSheet |
14 |
Statementinchangesinreserves |
15 |
StatementofCashflows |
16 |
NotestoFinancialStatements |
17-26 |
30.9.24
KeelmanHomesLimited |
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|
|
|
(acompanylimitedbyguaranteeand |
nothavinga sharecapital) |
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|
|
StatementofFinancialPosition |
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|
|
Asat31March2024 |
|
|
|
|
|
Notes |
2024 |
|
2023 |
|
|
|
|
(asrestated) |
|
|
£000 |
|
£000 |
Fixedassets |
|
|
|
|
Tangibleassets |
9 |
26,907 |
|
27,352 |
Currentassets |
|
|
|
|
Debtors |
10 |
524 |
|
641 |
Cashatbankandinhand |
|
233 |
|
573 |
|
|
757 |
|
1,214 |
Liabilities |
|
|
|
|
Creditors:amountsfallingdue |
|
|
|
|
withinoneyear |
11 |
(783 |
) |
(1,083) |
Netcurrentassets/(liabilities) |
|
(26 |
) |
131 |
Creditors:amountsfallingdueafter |
12 |
|
|
|
oneyear |
|
(26,768) |
|
(27,217) |
Netassets |
|
113 |
|
266 |
Reserves |
|
|
|
|
Income& ExpenditureReserve |
|
113 |
|
266 |
|
Income& |
|
ExpenditureReserve |
|
(asrestated) |
|
£000 |
Balanceat
1April2022(asrestated) |
378 |
Deficitforyear |
(112) |
Balanceat31March2023(asrestated) |
266 |
Balanceat1 April2023 |
266 |
Deficitforyear |
(153) |
Balanceat31March2024 |
113 |
KeelmanHomesLimited |
KeelmanHomesLimited |
|
|
|
(acompanylimitedbyguaranteeandnothavinga sharecapital) |
|
|
|
|
Notestothefinancialstatements |
|
|
|
|
Fortheyearended31March2024 |
|
|
|
|
6. |
Interestpayable |
|
|
|
|
|
2024 |
|
2023 |
|
|
£000 |
|
£000 |
|
LoansfromGatesheadCouncil |
668 |
|
673 |
|
Taxation |
|
|
|
|
Totaltaxexpenserecognisedintheincomeandexpenditureaccount |
|
|
|
|
|
2024 |
|
2023 |
|
|
£000 |
|
£000 |
|
Currenttax |
(1) |
|
(14) |
7.1. |
Reconciliationoftheeffectivetaxrate |
|
|
|
|
|
2024
£000 |
|
2023
£000 |
|
(Deficit)/Surplus |
(153 |
) |
(112) |
|
Totaltax(credit)/expense |
(1) |
|
(14) |
|
(Deficit)/Surplusbeforetax |
(154 |
) |
(126) |
|
TaxusingtheUKcorporationtaxrateof19%(2023:19%) |
(29) |
|
(24) |
|
Taxexemptrevenues |
|
|
|
|
Non-deductibleexpenses |
28 |
|
10 |
|
Total(credit)/expenseincludedintheincomestatement |
|
|
|
8. |
Prioryearadjustment |
|
|
|
Aprioryearadjustmenthasbeenidentifiedinrelationtoerrorsrelatingtointerestpaidandinterest |
|
|
dueperthe |
|
loan |
agreementduringtheperiodofFY17/18andFY19/20.Thishasledtoanoveraccrualof£175k. |
|
|
|
The |
impactontheaboveonthe2023financialstatementsisasfollows: |
|
|
|
Statementofcomprehensiveincome |
|
|
|
|
No |
impactonthedeficitwithin2023. |
|
|
|
|
21 |
|
|
|
KeelmanHomesLimited |
KeelmanHomesLimited |
|
|
(acompanylimitedbyguaranteeandnothavinga sharecapital) |
|
|
|
Notestothefinancialstatements |
|
|
|
For |
theyearended31March2024 |
|
|
9.1 |
HousingProperties |
|
|
|
Numberofunitsundermanagement |
|
|
|
|
2024 |
2023 |
|
Underdevelopmentatendoftheyear |
|
|
|
Rentedgeneralneedhousingunits |
|
|
|
Sharedownershipunits |
|
|
|
Undermanagementatendoftheyear |
|
|
|
Rentedgeneralneedhousingunits |
284 |
284 |
|
Sharedownershipunits |
24 |
24 |
10. |
Debtors |
|
|
|
|
2024 |
2023 |
|
|
£000 |
£000 |
|
Tradedebtors |
78 |
243 |
|
Prepaymentsandaccruedincome |
446 |
384 |
|
Corporationtax |
- |
14 |
|
|
524 |
641 |
11. |
Creditors:Amountsfallingduewithinoneyear |
|
|
|
|
2024 |
2023 |
|
|
|
(asrestated) |
|
|
£000 |
£000 |
|
TradeCreditors |
58 |
30 |
|
Accruals |
225 |
509 |
|
LoansfromGatesheadCouncil |
369 |
369 |
|
Othertaxandsocialsecurity |
4 |
- |
|
Governmentgrants |
127 |
175 |
|
|
783 |
1,083 |
12. |
Creditors:Amountsfallingdueafteroneyear |
|
|
|
|
2024 |
2023 |
|
|
£000 |
£000 |
|
LoansfromGatesheadCouncil |
15,213 |
15,583 |
|
Governmentgrants |
11,555 |
11,634 |
|
|
26,768 |
27,217 |