Kedleston Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 05010844

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		93,439		22,180

			93,439		22,180
CURRENT ASSETS
Stocks	5	500		500
Debtors	6	204,840		211,307
Cash at bank and in hand		91,772		101,695

		297,112		313,502
Creditors: Amounts Falling Due Within One Year	7	(161,173 )		(179,553 )

NET CURRENT ASSETS (LIABILITIES)			135,939		133,949

TOTAL ASSETS LESS CURRENT LIABILITIES			229,378		156,129

Creditors: Amounts Falling Due After More Than One Year	8		(38,250 )		(21,826 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(17,753 )		(4,214 )

NET ASSETS			173,375		130,089

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			173,275		129,989

SHAREHOLDERS' FUNDS			173,375		130,089

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Kedleston Ltd

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr M C Vernon

Director

3 December 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Kedleston Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05010844 . The registered office is 57 Woodlands Road, Allestree, Derby, DE22 2HH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% Strailght line
Motor Vehicles	25% Strailght line
Computer Equipment	25% Strailght line

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Kedleston Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

2.7. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2024: 8)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	23,063	85,882	11,615	120,560
Additions	310	92,990	881	94,181
Disposals	-	(14,745 )	-	(14,745 )

As at 31 March 2025	23,373	164,127	12,496	199,996

Depreciation
As at 1 April 2024	21,994	65,982	10,404	98,380
Provided during the period	443	21,548	931	22,922
Disposals	-	(14,745 )	-	(14,745 )

As at 31 March 2025	22,437	72,785	11,335	106,557

Net Book Value
As at 31 March 2025	936	91,342	1,161	93,439

As at 1 April 2024	1,069	19,900	1,211	22,180

5. Stocks

	2025	2024
	£	£
Stock	500	500

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Kedleston Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	202,882	202,475
Prepayments and accrued income	1,958	8,832

	204,840	211,307

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	10,800	-
Trade creditors	-	50,841
Bank loans and overdrafts	21,826	34,796
Corporation tax	41,252	47,377
Other taxes and social security	8,070	5,780
VAT	38,405	37,434
Net wages	2,588	-
Other creditors	445	424
Directors' loan accounts	37,787	2,901

	161,173	179,553

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	38,250	-
Bank loans	-	21,826

	38,250	21,826

9. Secured Creditors

Of the creditors the following amounts are secured.

	2025		2024
	£		£
Net obligations under finance lease and hire purchase contracts	49,050		-

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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