Company Registration No. 1855044 (England and Wales)
Kelloran Limited
Unaudited accounts
for the year ended 30 April 2025
Kelloran Limited
Unaudited accounts
Contents
Kelloran Limited
Company Information
for the year ended 30 April 2025
Directors
C Billows
S Buckley
Company Number
1855044 (England and Wales)
Registered Office
3 The Homestead
Shenley Church End Milton Keynes
Milton Keynes
Bucks
MK5 6DJ
Accountants
XEINADIN
Moreton House
31 High Street
Buckingham
Bucks
MK18 1NU
Kelloran Limited
Statement of financial position
as at 30 April 2025
Investment property
4,719,897
4,655,000
Cash at bank and in hand
47,180
39,690
Creditors: amounts falling due within one year
(86,083)
(92,693)
Net current liabilities
(25,139)
(47,928)
Total assets less current liabilities
4,694,758
4,607,072
Provisions for liabilities
Deferred tax
(772,738)
(759,290)
Net assets
3,922,020
3,847,782
Called up share capital
2
2
Revaluation reserve
2,634,104
2,582,655
Profit and loss account
1,287,914
1,265,125
Shareholders' funds
3,922,020
3,847,782
For the year ending 30 April 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 11 May 2025 and were signed on its behalf by
S Buckley
Director
Company Registration No. 1855044
Kelloran Limited
Notes to the Accounts
for the year ended 30 April 2025
Kelloran Limited is a private company, limited by shares, registered in England and Wales, registration number 1855044. The registered office is 3 The Homestead, Shenley Church End Milton Keynes, Milton Keynes, Bucks, MK5 6DJ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Kelloran Limited
Notes to the Accounts
for the year ended 30 April 2025
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 May 2024
4,655,000
At 30 April 2025
4,719,897
Cost or valuation at 30 April 2025 is represented by;
Revaluation 2005 £1,096,082
Revaluation 2006 £ 30,863
Revaluation 2007 £ (40,000)
Revaluation 2008 £ (155,000)
Revaluation 2009 £ 10,830
Revaluation 2010 £ (251,205)
Revaluation 2014 £ (154,625)
Revaluation 2015 £ 240,000
Revaluation 2016 £ 760,000
Revaluation 2017 £ 380,500
Revaluation 2018 £ -
Revaluation 2019 £ -
Revaluation 2020 £ -
Revaluation 2021 £ 144,000
Revaluation 2022 £ 478,500
Revaluation 2023 £ 502,000
Revaluation 2024 £ -
Revaluation 2025 £ 64,897
Cost £1,313,055
Total £4,719,897
Amounts falling due within one year
Accrued income and prepayments
5,014
5,075
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
4,500
19,062
Taxes and social security
33,621
22,558
Kelloran Limited
Notes to the Accounts
for the year ended 30 April 2025
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).