0 4 July 2025 false false false false false false false false false false true false false false false false false No description of principal activity 2023-12-31 Sage Accounts Production Advanced 2023 - FRS102_2023 1,602 1,602 xbrli:pure xbrli:shares iso4217:GBP 09100773 2023-12-31 2024-12-30 09100773 2024-12-30 09100773 2023-12-30 09100773 2022-12-31 2023-12-30 09100773 2023-12-30 09100773 2022-12-30 09100773 core:PlantMachinery 2023-12-31 2024-12-30 09100773 bus:Director1 2023-12-31 2024-12-30 09100773 core:PlantMachinery 2024-12-30 09100773 core:WithinOneYear 2024-12-30 09100773 core:WithinOneYear 2023-12-30 09100773 core:AfterOneYear 2024-12-30 09100773 core:AfterOneYear 2023-12-30 09100773 core:ShareCapital 2024-12-30 09100773 core:ShareCapital 2023-12-30 09100773 core:RetainedEarningsAccumulatedLosses 2024-12-30 09100773 core:RetainedEarningsAccumulatedLosses 2023-12-30 09100773 bus:SmallEntities 2023-12-31 2024-12-30 09100773 bus:Audited 2023-12-31 2024-12-30 09100773 bus:SmallCompaniesRegimeForAccounts 2023-12-31 2024-12-30 09100773 bus:PrivateLimitedCompanyLtd 2023-12-31 2024-12-30 09100773 bus:FullAccounts 2023-12-31 2024-12-30
COMPANY REGISTRATION NUMBER: 09100773
KELHAM CENTRAL LTD
FILLETED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 December 2024
KELHAM CENTRAL LTD
STATEMENT OF FINANCIAL POSITION
30 December 2024
2024
2023
Note
£
£
£
£
CURRENT ASSETS
Stocks
8,781,652
14,680,082
Debtors
5
2,632,320
5,383,716
-------------
-------------
11,413,972
20,063,798
CREDITORS: amounts falling due within one year
6
( 2,889,661)
( 3,918,412)
-------------
-------------
NET CURRENT ASSETS
8,524,311
16,145,386
------------
-------------
TOTAL ASSETS LESS CURRENT LIABILITIES
8,524,311
16,145,386
CREDITORS: amounts falling due after more than one year
7
( 5,279,416)
( 12,929,513)
PROVISIONS
( 245)
( 245)
------------
-------------
NET ASSETS
3,244,650
3,215,628
------------
-------------
CAPITAL AND RESERVES
Called up share capital
150
150
Profit and loss account
3,244,500
3,215,478
------------
------------
SHAREHOLDERS FUNDS
3,244,650
3,215,628
------------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements were approved by the board of directors and authorised for issue on 4 July 2025 , and are signed on behalf of the board by:
C A Thompson
Director
Company registration number: 09100773
KELHAM CENTRAL LTD
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 DECEMBER 2024
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Place, 4 Central Place, Clarence Road, Climate Innovation District, Leeds, LS10 1FB, England.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover comprises revenue recognised by the company in respect of development properties sold, exclusive of Value Added Tax.
Income tax
Deferred tax is recognised in respect of all timing differences at the reporting date. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery
-
33% straight line
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.
4. TANGIBLE ASSETS
Plant and machinery
£
Cost
At 31 December 2023 and 30 December 2024
1,602
-------
Depreciation
At 31 December 2023 and 30 December 2024
1,602
-------
Carrying amount
At 30 December 2024
-------
At 30 December 2023
-------
5. DEBTORS
2024
2023
£
£
Trade debtors
27,682
25,433
Amounts owed by group undertakings and undertakings in which the company has a participating interest
2,587,952
5,307,732
Other debtors
16,686
50,551
------------
------------
2,632,320
5,383,716
------------
------------
6. CREDITORS: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
518
30,808
Trade creditors
775,468
3,569,193
Corporation tax
101
Social security and other taxes
136,132
155,765
Amounts due to related companies
1,786
Other creditors
1,977,442
160,860
------------
------------
2,889,661
3,918,412
------------
------------
7. CREDITORS: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
5,279,416
12,929,513
------------
-------------
8. SUMMARY AUDIT OPINION
The auditor's report dated 4 July 2025 was unqualified .
The senior statutory auditor was JEFFREY WINE , for and on behalf of Wine & Co .
9. CONTROLLING PARTY
The ultimate parent of the company is Citu Group Ltd. The registered office of the parent company is The Place, 4 Central Place, Clarence Road, Climate Innovation District, Leeds, England, LS10 1FB.