Kingsbury Pallets Holdings Limited Filleted accounts for Companies House (small and micro)

STATEMENT OF CONSENT TO PREPARE ABRIDGED FINANCIAL STATEMENTS

All of the members of Kingsbury Pallets Holdings Limited have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the period ending 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

COMPANY REGISTRATION NUMBER: 15911822

KINGSBURY PALLETS HOLDINGS LIMITED

FILLETED UNAUDITED ABRIDGED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED

31 December 2024

KINGSBURY PALLETS HOLDINGS LIMITED

REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ABRIDGED FINANCIAL STATEMENTS OF KINGSBURY PALLETS HOLDINGS LIMITED

PERIOD FROM 22 AUGUST 2024 TO 31 DECEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abridged financial statements of Kingsbury Pallets Holdings Limited for the period ended 31 December 2024, which comprise the abridged statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html. Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

LANGARD LIFFORD HALL LIMITED Accountants and Registered Auditors

Lifford Hall Lifford Lane Kings Norton Birmingham B30 3JN

13 August 2025

KINGSBURY PALLETS HOLDINGS LIMITED

ABRIDGED STATEMENT OF FINANCIAL POSITION

31 December 2024

	31 Dec 24
Note	£	£

Fixed Assets

Investments	4	22,200,000
		---------------
Total Assets Less Current Liabilities		22,200,000
		---------------

Capital and Reserves

Called up share capital		22,200,000
		---------------
Shareholder Funds		22,200,000
		---------------

These abridged 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 abridged statement of comprehensive income has not been delivered.

The company did not trade during the period and has not made either a profit or loss.

For the period ending 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

- The member has not required the company to obtain an audit of its abridged financial statements for the period in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

These abridged financial statements were approved by the board of directors and authorised for issue on 13 August 2025 , and are signed on behalf of the board by:

M L W van de Sande
Director

Company registration number: 15911822

KINGSBURY PALLETS HOLDINGS LIMITED

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

PERIOD FROM 22 AUGUST 2024 TO 31 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 Rush Lane, Dosthill, Tamworth, B77 1LT.

2. Statement of Compliance

These abridged 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 abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The abridged financial statements are prepared in sterling, which is the functional currency of the entity.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial statements are consolidated into the financial statements of Rotom Europe B.V. which can be obtained from the Dutch Chamber of Commerce at www.kvk.nl. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) Disclosures in respect of each class of share capital have not been presented. (b) No cash flow statement has been presented for the company. (c) Disclosures in respect of financial instruments have not been presented.

Income statement

The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current period.

Consolidation

These financial statements contain information about the Company as an individual entity and do not contain consolidated financial information as the parent undertaking of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirement to prepare consolidated financial statements as it and its Subsidiary undertakings are included by full consolidation in the consolidated statements of Rotom Europe B.V. a company registered in the Netherlands whose registered office is Ekkersrijt 1428, Son en Breugel, 5692AK, Netherlands. The financial statements of Rotom Europe B.V. are availalble from the Dutch Chamber of Commerce at www.kvk.nl.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. No critical accounting judgements or key sources of estimation uncertainty were present during the financial year which require additional disclosure.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Investments

	£
Cost
At 22 August 2024	–
Additions	22,200,000
	---------------
At 31 December 2024	22,200,000
	---------------
Impairment
At 22 August 2024 and 31 December 2024	–
	---------------
Carrying amount
At 31 December 2024	22,200,000
	---------------

5. Events after the End of the Reporting Period

On 12 June 2025 a fixed and floating charge was taken out over all the property and undertakings of the company in favour of Cooperative Rabobank U.A ( as security agent for the beneficiaries) with regards to group borrowings.

6. Related Party Transactions

The company has taken advantage of the exemption in FRS 102 s33.1A from disclosing transactions with related parties that are part of the group, as it is a wholly owned subsidiary and consolidated accounts in which the company is included, are publicly available.

7. Controlling Party

The company's immediate parent undertaking is Rotom Cargo Pak Ltd , a company registered in England and Wales whose registered office is Unit 1 Dosco Industrial Estate, Ollerton Road, Tuxford, Nottinghamshire, NG22 0PQ. The company's ultimate parent undertaking is Rotom Topholding B.V. a company registered in the Netherlands whose registered office is Ekkersrijt 1428, Son en Breugel, 5692AK, Netherlands. The ultimate controlling party is Waterland Private Equity Fund Vlll C.V. a limited partnership registered in The Netherlands. The smallest group into which Kingsbury Pallets Holdings Limited's results will be consolidated is headed by Rotom Europe B.V. a company registered in the Netherlands. Their registered address is Ekkersrijt 1428, Son en Breugel, 5692AK, Netherlands. The consolidated financial statements of Rotom Europe B.V. are available from the Dutch Chamber of Commerce at www.kvk.nl.