REGISTERED NUMBER: 02700593 (England and Wales)

Kirkella Mansions Limited

Unaudited Financial Statements for the Year Ended 31st March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J A Donnelly

Mrs Y Donnelly

REGISTERED OFFICE:

6 Church Lane

Kirk Ella

Hull

East Yorkshire

HU10 7TG

REGISTERED NUMBER:

02700593 (England and Wales)

ACCOUNTANTS:

Smailes Goldie

Chartered Accountants

Regent's Court

Princess Street

Hull

East Yorkshire

HU2 8BA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

630,954

658,853

630,954

658,853

CURRENT ASSETS

Debtors

6

456,616

441,681

Cash at bank and in hand

116,857

55,603

573,473

497,284

CREDITORS

Amounts falling due within one year

7

239,466

187,766

NET CURRENT ASSETS

334,007

309,518

TOTAL ASSETS LESS CURRENT LIABILITIES

964,961

968,371

CREDITORS

Amounts falling due after more than one year

8

(135,020

)

(178,158

)

PROVISIONS FOR LIABILITIES

(1,129

)

(2,086

)

ACCRUALS AND DEFERRED INCOME

(7,231

)

(10,509

)

NET ASSETS

821,581

777,618

CAPITAL AND RESERVES

Called up share capital

10

1,002

1,002

Revaluation reserve

11

412,201

422,255

Retained earnings

408,378

354,361

SHAREHOLDERS' FUNDS

821,581

777,618

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21st July 2025 and were signed on its behalf by:

J A Donnelly - Director

1.	STATUTORY INFORMATION

Kirkella Mansions 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 invoiced sales, excluding value added tax, for services provided during the year.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 1992, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on cost and 15% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 29 (2024 - 27 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

and 31st March 2025

65,000

AMORTISATION

At 1st April 2024

and 31st March 2025

65,000

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st April 2024

1,028,239

203,805

1,232,044

Additions

-

459

459

At 31st March 2025

1,028,239

204,264

1,232,503

DEPRECIATION

At 1st April 2024

392,758

180,433

573,191

Charge for year

20,565

7,793

28,358

At 31st March 2025

413,323

188,226

601,549

NET BOOK VALUE

At 31st March 2025

614,916

16,038

630,954

At 31st March 2024

635,481

23,372

658,853

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

61,340

48,080

Amounts owed by group undertakings

384,019

384,019

Other debtors

11,257

9,582

456,616

441,681

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

52,663

70,342

Trade creditors

9,554

14,043

Taxation and social security

56,314

51,705

Other creditors

120,935

51,676

239,466

187,766

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

135,020

178,158

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

187,683

248,500

The bank loans are secured on the company's freehold property.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

334

A Ordinary

1

334

334

334

B Ordinary

1

334

334

334

C Ordinary

1

334

334

1,002

1,002

11.

RESERVES

Revaluation

reserve

£

At 1st April 2024

422,255

Revaluation of L&B

(10,054

)

At 31st March 2025

412,201

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Donnelly Care Homes Limited.