Registration number: 05139777

Robinson Michael & Jackson Holdings Limited (FORMERLY Kelpwood Limited)

Contents

Company Information	1
Directors' Report	2
Statement of Financial Position	3
Notes to the Unaudited Financial Statements	4 to 8

Robinson Michael & Jackson Holdings Limited (FORMERLY Kelpwood Limited)

Company Information

Directors

M Utchanah D Kleywegt S C K Woodcock

Registered office

2-4 Court Yard Eltham London SE9 5PZ

Accountants

Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

Robinson Michael & Jackson Holdings Limited (FORMERLY Kelpwood Limited)

Directors' Report for the Year Ended 31 December 2024

The directors present their report and the financial statements for the year ended 31 December 2024.

Change of company name

The company changed its name from Kelpwood Limited to Robinson Michael & Jackson Holdings Limited effective from 9 August 2024.

Directors of the company

The directors who held office during the year were as follows:

M Utchanah

D Kleywegt (appointed 19 August 2024)

S C K Woodcock (appointed 19 August 2024)

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the Board on 25 September 2025 and signed on its behalf by:




 

.........................................
M Utchanah
Director

Robinson Michael & Jackson Holdings Limited (FORMERLY Kelpwood Limited)

Statement of Financial Position as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	5	99,066	-
Current assets
Debtors	6	7,761	1
Cash at bank and in hand		36,439	-
		44,200	1
Creditors: Amounts falling due within one year	7	(173,371)	(136,745)
Net current liabilities		(129,171)	(136,744)
Total assets less current liabilities		(30,105)	(136,744)
Creditors: Amounts falling due after more than one year	7	(64,602)	-
Net liabilities		(94,707)	(136,744)
Capital and reserves
Called up share capital		1	1
Retained earnings		(94,708)	(136,745)
Shareholders' deficit		(94,707)	(136,744)

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 25 September 2025 and signed on its behalf by:
 

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

M Utchanah

Director

Company registration number: 05139777

Robinson Michael & Jackson Holdings Limited (FORMERLY Kelpwood Limited)

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The company was formerly known as Kelpwood Limited.

The address of its registered office is:
2-4 Court Yard
Eltham
London
SE9 5PZ

The principal activity of the company is that of partner in an estate agency.

2	Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Robinson Michael & Jackson Holdings Limited (FORMERLY Kelpwood Limited)

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Going concern

At 31 December 2024 the company had net liabilities amounting to £94,707. At this date, an amount of £136,745 was due to a related undertaking who has confirmed that they will not call for repayment until such time as the company has sufficient working capital. The directors believe that the company is well placed to manage its business risks successfully despite the current uncertain economic outlook.

After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and the accounts.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	20% straight line
Motor vehicles	25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Robinson Michael & Jackson Holdings Limited (FORMERLY Kelpwood Limited)

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Finance leases and hire purchase

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the Statement of Financial Position as a finance lease obligation.

Lease payments are apportioned between finance costs in the Income Statement and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Assets held under hire purchase contracts are capitalised at the lesser of fair value or present value of minimum lease payments in the statement of financial position. The present value of the minimum lease payments is calculated using the interest rate implicit in the lease. A corresponding liability is recognised at the same value in the statement of financial position. The asset is then depreciated over its useful life.

The minimum lease payments are apportioned between the finance charge recognised in the income statement and the reduction of the outstanding liability using the effective interest method. The finance charge in each period is allocated so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company during the year, was 1 (2023 - 0).

Robinson Michael & Jackson Holdings Limited (FORMERLY Kelpwood Limited)

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4	Profit before tax

Arrived at after charging/(crediting)

	2024 £	2023 £
Depreciation expense	8,980	-

5	Tangible assets

	Office equipment  £	Motor vehicles  £	Total £
Cost or valuation
Additions	1,466	106,580	108,046
At 31 December 2024	1,466	106,580	108,046
Depreciation
Charge for the year	98	8,882	8,980
At 31 December 2024	98	8,882	8,980
Carrying amount
At 31 December 2024	1,368	97,698	99,066

6

Debtors

	2024 £	2023 £
Other debtors	7,761	1

Robinson Michael & Jackson Holdings Limited (FORMERLY Kelpwood Limited)

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

7

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Loans and borrowings	8	17,422	-
Trade creditors		4,694	-
Taxation and social security		11,229	-
Accruals and deferred income		3,281	-
Other creditors		136,745	136,745
		173,371	136,745