ACCOUNTS - Final Accounts preparation

Registered number: 03483666

Mid Kent Pension Trustee Limited

Unaudited

Annual report and financial statements

for the period ended 31 March 2025


Mid Kent Pension Trustee Limited

Contents

	Page
Company information	1
Directors' report	2 - 3
Statement of financial position	4
Notes to the financial statements	5 - 6


Mid Kent Pension Trustee Limited

Company information

Directors	David Hinton
	Andrew Farmer


Company secretary	Andrew Farmer


Registered number	03483666


Registered office	Rocfort Road
	Snodland
	Kent
	ME5 6AH

Page 1


Mid Kent Pension Trustee Limited

Directors' report

for the year ended 31 March 2025

The directors present their report and the unaudited financial statements for the year ended 31 March 2025.

Principal activity

The company is a private company limited by shares, incorporated in United Kingdom and registered in England and Wales. The company has not conducted any trading activities during the current or previous financial years.

Directors' responsibilities statement

The directors are responsible for preparing the Directors' report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 101 ‘Reduced Disclosure Framework’. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

∙select suitable accounting policies and then apply them consistently;

∙make judgements and accounting estimates that are reasonable and prudent;

∙state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;

∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Business review

The company has previously acted as trustee of the Mid Kent Group Pension Scheme. The trustee responsibility was transferred to a new company, Water Pension Trustee Limited, on 29 December 2016. Water Pension Trustee Limited is also trustee for the South East Water Pension Scheme.

Directors

The directors who served during the year were:

David Hinton

Andrew Farmer

Small companies note

In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

Page 2


Mid Kent Pension Trustee Limited

Directors' report (continued)

for the year ended 31 March 2025

This report was approved by the board and signed by order of the board by:

Andrew Farmer

Company secretary

Date: 18 September 2025

Page 3


Mid Kent Pension Trustee Limited Registered number:03483666

Statement of financial position

as at 31 March 2025

	2025	2024
Note	£	£


Current assets
Debtors	4	1	1
Net assets		1	1

Capital and reserves
Called up share capital	5	1	1
		1	1

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

The company was entitled to exemption from audit under section 480 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The company's financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements on pages 4 to 6 were approved and authorised for issue by the board on 18 September 2025 and were signed on its behalf by:

Andrew Farmer

Director

Date: 18 September 2025

The notes on pages 5 to 6 form part of these financial statements.

Page 4


Mid Kent Pension Trustee Limited

Notes to the financial statements

for the year ended 31 March 2025

1.Accounting policies

1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 101 'Reduced Disclosure Framework' and the Companies Act 2006.

1.2

Financial Reporting Standard 101 - reduced disclosure exemptions

The company has taken advantage of the following disclosure exemptions under FRS 101:

∙the requirements of IAS 7 Statement of Cash Flows

2.	Income Statement

The company has not traded during the current or previous financial years. During the financial years, the company received no income and incurred no expenditure and therefore made neither profit or loss.

Employees

The company had no employees and no remuneration was paid to the directors for their services during the current or previous financial years.

Debtors

					2025	2024
					£	£

Due after more than one year
Amounts owed by group undertakings	1	1
	1	1

5.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

1 (2024 - 1) Ordinary Share share of £1.00	1	1

Page 5


Mid Kent Pension Trustee Limited

Notes to the financial statements

for the year ended 31 March 2025

6.	Parent company and ultimate controlling parties

Utilities of Australia Pty Limited as Trustee for the Utilities Trust of Australia (“UTA”), NatWest Pension Trustees Limited as Trustee for the NatWest Group Pension Fund (“NWPF”), Régime de Rentes du Mouvement Desjardins (“RRMD”), Desjardins Financial Security Life Assurance Company (“DFSL”) and Certas Home and Auto Insurance Company (“Certas”) are the company’s joint ultimate holding companies. UTA is resident in Australia. NWPF is resident in the United Kingdom, RRMD, DFSL and Certas are resident in Canada. It is the directors’ belief that there is no single ultimate controlling party and that the joint ultimate holding companies control the company jointly.
The immediate parent company is Swan Group.
The largest and smallest group of companies into which results of the company are consolidated is that headed by HDF (UK) Holdings Limited ("HDF"), a company which is incorporated in Great Britain and registered in England and Wales. The consolidated financial statements of HDF may be obtained from the Company Secretary at the company’s registered office at Rocfort Road, Snodland, Kent, ME6 5AH.

Page 6