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COMPANY REGISTRATION NUMBER: SC711457
Kelvin Holdings Limited
Filleted Unaudited Financial Statements
31 January 2025
Kelvin Holdings Limited
Financial Statements
Year ended 31 January 2025
Contents
Page
Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements
1
Statement of financial position
2
Notes to the financial statements
3
Kelvin Holdings Limited
Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Kelvin Holdings Limited
Year ended 31 January 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kelvin Holdings Limited for the year ended 31 January 2025, which comprise the 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 ICAS, we are subject to its ethical and other professional requirements which are detailed at www.icas.com/accountspreparationguidance. This report is made solely to the Board of Directors of Kelvin Holdings Limited, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of Kelvin Holdings Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with the requirements of ICAS as detailed at www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kelvin Holdings Limited and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Kelvin Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Kelvin Holdings Limited. You consider that Kelvin Holdings Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Kelvin Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
GILLILAND & COMPANY Chartered Accountants
216 West George Street Glasgow G2 2PQ
29 October 2025
Kelvin Holdings Limited
Statement of Financial Position
31 January 2025
2025
2024
Note
£
£
£
Current assets
Debtors
4
307,987
299,987
Investments
5
3
3
Cash at bank and in hand
141
143
---------
---------
308,131
300,133
Creditors: amounts falling due within one year
Amounts owed to group undertakings
308,037
300,037
---------
---------
Net current assets
94
96
----
----
Total assets less current liabilities
94
96
----
----
Capital and reserves
Called up share capital
100
100
Profit and loss account
( 6)
( 4)
----
----
Shareholders funds
94
96
----
----
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.
For the year ending 31 January 2025 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 financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act 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 29 October 2025 , and are signed on behalf of the board by:
Mr D Blair
Mr R Sheridan
Director
Director
Company registration number: SC711457
Kelvin Holdings Limited
Notes to the Financial Statements
Year ended 31 January 2025
1. General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is 216 West George Street, Glasgow, G2 2PQ, United Kingdom.
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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
4. Debtors
2025
2024
£
£
Amounts owed by group undertakings
307,987
299,987
---------
---------
5. Investments
2025
2024
£
£
Investments in group undertakings
3
3
----
----
6. Related party transactions
At the period end the amount of loan funds provided to Kelvin Lettings Limited, a group undertaking, was £307,987(2024: £299,987). At the period end the amount of loan funds provided by B & S Jewellery Limited, a group undertaking, was £308,037(2024: £300,037).
7. Controlling party
The company is under the control of the directors.