Company No: 08774086 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

J Kelly

REGISTERED OFFICE	24 Barnhill Road
	Prestwich
	Manchester
	United Kingdom

COMPANY NUMBER

08774086 (England and Wales)

CHARTERED ACCOUNTANTS	PM+M Solutions for Business LLP
	New Century House
	Greenbank Technology Park
	Challenge Way
	Blackburn
	BB1 5QB

	Note	31.01.2025		29.02.2024
		£		£
Fixed assets
Tangible assets	3	117,300		98,546
		117,300		98,546
Current assets
Debtors	4	153,618		208,505
Cash at bank and in hand		242,301		211,290
		395,919		419,795
Creditors: amounts falling due within one year	5	( 69,108)		( 77,215)
Net current assets		326,811		342,580
Total assets less current liabilities		444,111		441,126
Creditors: amounts falling due after more than one year	6	( 2,914)		( 12,500)
Provision for liabilities		( 29,325)		( 24,637)
Net assets		411,872		403,989
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		411,772		403,889
Total shareholders' funds		411,872		403,989

For the financial period ending 31 January 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Kelly Utilities & Plant Ltd (registered number: 08774086) were approved and authorised for issue by the Director on 24 October 2025. They were signed on its behalf by:

J Kelly Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Kelly Utilities & Plant Ltd (the Company) 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 the Company's registered office is 24 Barnhill Road, Prestwich, Manchester, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Reporting period length

The financial statements are presented for a period shorter than one year due to a change in the company's financial year end from 28 February to 31 January. As a result, the comparative amounts presented in the financial statements are not entirely comparable.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

12.5 - 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

2. Employees

	Period from 01.03.2024 to 31.01.2025		Year ended 29.02.2024
	Number		Number
Monthly average number of persons employed by the Company during the period, including the director	3		3

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 March 2024	200,099		200,099
Additions	36,600		36,600
At 31 January 2025	236,699		236,699
Accumulated depreciation
At 01 March 2024	101,553		101,553
Charge for the financial period	17,846		17,846
At 31 January 2025	119,399		119,399
Net book value
At 31 January 2025	117,300		117,300
At 29 February 2024	98,546		98,546

4. Debtors

	31.01.2025		29.02.2024
	£		£
CIS suffered	33,729		192,660
Other debtors	119,889		15,845
	153,618		208,505

5. Creditors: amounts falling due within one year

	31.01.2025		29.02.2024
	£		£
Bank loans	10,000		10,000
Trade creditors	7,274		5,110
CIS withheld	0		9,064
Taxation and social security	40,968		42,684
Other creditors	10,866		10,357
	69,108		77,215

6. Creditors: amounts falling due after more than one year

	31.01.2025		29.02.2024
	£		£
Bank loans	2,914		12,500

7. Called-up share capital

	31.01.2025		29.02.2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100