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REGISTERED NUMBER: 00279939 (England and Wales)















WILLIAM KAYLEY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






WILLIAM KAYLEY LIMITED (REGISTERED NUMBER: 00279939)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Balance Sheet 1

Notes to the Financial Statements 3


WILLIAM KAYLEY LIMITED (REGISTERED NUMBER: 00279939)

BALANCE SHEET
31 MARCH 2025

2025 2024
as restated
Notes £    £   
FIXED ASSETS
Tangible fixed assets 4 - 52
Investment property 5 5,775,000 4,180,000
5,775,000 4,180,052

CURRENT ASSETS
Debtors 6 7,599,362 10,006,138
Cash at bank and in hand 90,751 62,936
7,690,113 10,069,074
CREDITORS
Amounts falling due within one year 7 (2,632,220 ) (3,613,935 )
NET CURRENT ASSETS 5,057,893 6,455,139
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,832,893

10,635,191

CREDITORS
Amounts falling due after more than one
year

8

(650,000

)

-

PROVISIONS FOR LIABILITIES 10 (59,819 ) (123,569 )
NET ASSETS 10,123,074 10,511,622

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Revaluation reserve 11 592,367 1,019,002
Retained earnings 11 9,529,707 9,491,620
SHAREHOLDERS' FUNDS 10,123,074 10,511,622

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

WILLIAM KAYLEY LIMITED (REGISTERED NUMBER: 00279939)

BALANCE SHEET - continued
31 MARCH 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 July 2025 and were signed on its behalf by:





W W Kayley - Director


WILLIAM KAYLEY LIMITED (REGISTERED NUMBER: 00279939)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

William Kayley Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 00279939

Registered office: 5 Brooklands Place
Brooklands Road
Sale
Cheshire
M33 3SD

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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Turnover
Turnover represents rents receivable and related income, exclusive of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 15% straight line

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

WILLIAM KAYLEY LIMITED (REGISTERED NUMBER: 00279939)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method. Financial assets classified as receivable within one year are not amortised.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Financial liabilities are derecognised when, and only when, the company's contractual obligations are discharged, cancelled, or they expire.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern
Based on current trading and future expectations, the directors are confident the company will continue to trade profitably in future periods and generate sufficient cash flows to meet its obligations as they fall due for payment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - NIL ) .

WILLIAM KAYLEY LIMITED (REGISTERED NUMBER: 00279939)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST OR VALUATION
At 1 April 2024
and 31 March 2025 266
DEPRECIATION
At 1 April 2024 214
Charge for year 52
At 31 March 2025 266
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 52


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024 4,180,000
Additions 2,021,636
Revaluations (426,636 )
At 31 March 2025 5,775,000
NET BOOK VALUE
At 31 March 2025 5,775,000
At 31 March 2024 4,180,000

The investment properties are valued annually on an open market basis by the directors who, though not professionally qualified, have considerable knowledge of the market in which the company operates.

The historical cost of the properties is £5,182,634 (2024: £3,160,997)

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2025 5,775,000

WILLIAM KAYLEY LIMITED (REGISTERED NUMBER: 00279939)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
as restated
£    £   
Rent debtors 3,780 -
Amounts owed by group undertakings 7,585,013 10,006,138
Other debtors 109 -
Prepayments 10,460 -
7,599,362 10,006,138

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
as restated
£    £   
Trade creditors 8,266 -
Amounts owed to group undertakings 1,018,710 1,018,710
Corporation tax 4,088 37,048
Social security and other taxes 3,173 2,749
VAT 20,668 3,110
Other creditors 1,499,409 2,499,409
Accruals and deferred income 77,906 52,909
2,632,220 3,613,935

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
as restated
£    £   
Bank loans - 2-5 years 650,000 -

9. SECURED DEBTS

The loan is secured by the properties in the company.

10. PROVISIONS FOR LIABILITIES
2025 2024
as restated
£    £   
Deferred tax 59,819 123,569

Deferred
tax
£   
Balance at 1 April 2024 123,569
Credit to Profit and Loss Account during year (63,750 )
Balance at 31 March 2025 59,819

WILLIAM KAYLEY LIMITED (REGISTERED NUMBER: 00279939)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


11. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 April 2024 9,497,415 1,019,002 10,516,417
Prior year adjustment (5,795 ) - (5,795 )
9,491,620 1,019,002 10,510,622
Deficit for the year (339,009 ) - (339,009 )
Dividends (49,539 ) - (49,539 )
Transfer on asset revaluation 426,635 (426,635 ) -
At 31 March 2025 9,529,707 592,367 10,122,074

12. ULTIMATE CONTROLLING PARTY

The company's ultimate controlling party is Periodbond Limited, a company incorporated in England and Wales.