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REGISTERED NUMBER: 06271161 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31ST DECEMBER 2024 |

| FOR |

| K.B. ENGINEERING PROJECTS LIMITED |

K.B. ENGINEERING PROJECTS LIMITED (REGISTERED NUMBER: 06271161) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

| Page |

| Company Information | 1 |

| Balance Sheet | 2 |  | to |  | 3

| Notes to the Financial Statements | 4 |  | to |  | 6

| K.B. ENGINEERING PROJECTS LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31ST DECEMBER 2024

| DIRECTORS: | G M Laffey

| Mrs T J Laffey

| REGISTERED OFFICE: | 123 Wellington Road South

| Stockport

| Cheshire

| SK1 3TH

| REGISTERED NUMBER: | 06271161 (England and Wales)

| ACCOUNTANTS: | Allens Accountants Limited

| Chartered Accountants

| 123 Wellington Road South

| Stockport

| Cheshire

| SK1 3TH

K.B. ENGINEERING PROJECTS LIMITED (REGISTERED NUMBER: 06271161) |

BALANCE SHEET

31ST DECEMBER 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 29,487 |  | 38,987 |  |

CURRENT ASSETS

Stocks | 1,750 |  | 8,988 |  |

Debtors | 5 | 123,061 |  | 143,135 |  |

Cash at bank | 40,110 |  | 27,311 |  |

164,921 |  | 179,434 |  |

CREDITORS

Amounts falling due within one year | 6 | 41,198 |  | 28,344 |  |

NET CURRENT ASSETS | 123,723 |  | 151,090 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 153,210 |  | 190,077 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (33,468 | ) | (41,667 | ) |

PROVISIONS FOR LIABILITIES | 8 | (7,372 | ) | (7,247 | ) |

NET ASSETS | 112,370 |  | 141,163 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 50 |  | 50 |  |

Capital redemption reserve | 50 |  | 50 |  |

Retained earnings | 112,270 |  | 141,063 |  |

SHAREHOLDERS' FUNDS | 112,370 |  | 141,163 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 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.

K.B. ENGINEERING PROJECTS LIMITED (REGISTERED NUMBER: 06271161) |

BALANCE SHEET - continued

31ST DECEMBER 2024

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6th October 2025 and were signed on its behalf by:

G M Laffey - Director

K.B. ENGINEERING PROJECTS LIMITED (REGISTERED NUMBER: 06271161) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

1. | STATUTORY INFORMATION

| K.B. Engineering Projects Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

| Turnover

| Turnover represents net work done, excluding value added tax.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery etc | - | 25% on reducing balance, 25% on cost and 20% on reducing balance

| Stocks

| Work in progress is valued at the lower of cost and net realisable value.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2023 - 2 ) .

K.B. ENGINEERING PROJECTS LIMITED (REGISTERED NUMBER: 06271161) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST DECEMBER 2024

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1st January 2024 | 44,141 |  |

| Additions | 874 |  |

| At 31st December 2024 | 45,015 |  |

| DEPRECIATION

| At 1st January 2024 | 5,154 |  |

| Charge for year | 10,374 |  |

| At 31st December 2024 | 15,528 |  |

| NET BOOK VALUE

| At 31st December 2024 | 29,487 |  |

| At 31st December 2023 | 38,987 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Trade debtors | 782 |  | - |  |

| Amounts owed by group undertakings | 118,726 |  | 141,275 |  |

| Other debtors | 3,553 |  | 1,860 |  |

123,061 |  | 143,135 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans and overdrafts | 10,000 |  | 10,000 |  |

| Hire purchase contracts | 4,100 |  | 10,000 |  |

| Trade creditors | 6,926 |  | 394 |  |

| Taxation and social security | 15,145 |  | 3,128 |  |

| Other creditors | 5,027 |  | 4,822 |  |

41,198 |  | 28,344 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans | 4,167 |  | 14,167 |  |

| Hire purchase contracts | 29,301 |  | 27,500 |  |

33,468 |  | 41,667 |  |

K.B. ENGINEERING PROJECTS LIMITED (REGISTERED NUMBER: 06271161) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST DECEMBER 2024

8. | PROVISIONS FOR LIABILITIES

2024 | 2023 |

£ | £ |

| Deferred tax | 7,372 |  | 7,247 |  |

| Deferred |

| tax |

£ |

| Balance at 1st January 2024 | 7,247 |  |

| Charge to Statement of Income and Retained Earnings during year | 125 |  |

| Profit and loss account |

| Balance at 31st December 2024 | 7,372 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2024 | 2023 |

| value: | £ | £ |

| 50 | Ordinary shares | £1 | 50 |  | 50 |  |

| As at 31st December 2018 the 50 ordinary shares were made up of 25 "B" Ordinary shares and 25 "D" Ordinary shares.

10. | ULTIMATE CONTROLLING PARTY

| The company is wholly owned by Easylec Limited and this is the ultimate holding company.