ACCOUNTS - Final Accounts preparation

Company registration number: 00594543

	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 DECEMBER 2024

	KEBRIC PLANT LIMITED


KEBRIC PLANT LIMITED REGISTERED NUMBER:00594543

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£


Current assets
Stocks	4	292,130		-
Debtors: amounts falling due within one year	5	1,479		150,450
Bank and cash balances		2,948		3,298
		296,557		153,748
Creditors: amounts falling due within one year	6	(155,679)		(6,149)
Net current assets			140,878		147,599

Capital and reserves
Called up share capital	10,000	10,000
Profit and loss account	130,878	137,599
Total equity	140,878	147,599

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

N R M Kebbell

Director

Date: 18 September 2025

The notes on pages 2 to 4 form part of these financial statements.

Page 1


KEBRIC PLANT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Kebric Plant Limited is a private Company limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of its registered office and principal place of business are the same and are disclosed on the company information page.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.3

Stock

Stock is stated at the lower of cost and net realisable value. Cost comprises prime cost of land, labour and materials together with an applicable proportion of direct overheads. Net realisable value means estimated selling price less all further costs to completion and all costs to be incurred in marketing and selling.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 2


KEBRIC PLANT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.4

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

2.5

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 in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Employees

The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).

4.	Stocks
		2024	2023
		£	£

Land and buildings held for sale	292,130	-
	292,130	-

Debtors

					2024	2023
					£	£


Amounts owed by group undertakings	-	148,971
Deferred taxation	1,479	1,479
	1,479	150,450

Page 3


KEBRIC PLANT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

6.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Amounts owed to group undertakings	149,309	-
Other creditors	20	-
Accruals and deferred income	6,350	6,149
	155,679	6,149

7.	Parent entity

The Company's immediate and ultimate parent company is Kebbell Holdings Limited, a company incorporated and operating in England and Wales. The registered office is Kebbell House, 21 London End, Beaconsfield, England, HP9 2HN.
The ultimate parent company prepares group consolidated accounts which may be obtained from Companies House, Crown Way, Cardiff, CF4 3UZ. Kebbell Holdings Limited is the smallest and largest group which prepares consolidated accounts.
Kebbell Holdings Limited is under the control of N R M Kebbell and D H A Newport who between them exercise control over 37,754 shares (including 22,079 shares as trustees) representing 55.3% of the isssued share capital.

8.	Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2024 was unqualified.

The audit report was signed on 19 September 2025 by Tom Woods FCA (Senior statutory auditor) on behalf of Menzies LLP.

Page 4