The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

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

Kenny Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is Worsley Trading Estate, Lester Road, Little Hulton, Manchester.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The financial statements of the company are consolidated in the financial statements of Kenny Waste Management (Holdings) Limited. These consolidated financial statements are available from its registered office, Worsley Trading Estate, Lester Road, Little Hulton, Manchester.

The company has taken advantage of the exemption under FRS 102 Section 1A from disclosing transactions or balances with entities that are part of the same group, as these are included in the consolidated financial statements of the parent company.

The financial statements have been prepared on a going concern basis. The company relies on financial support from a fellow subsidiary, and a formal letter of support has been obtained confirming assistance for at least 12 months from the date of approval of these financial statements. The directors are of the opinion that, based on this support, it is appropriate to prepare the financial statements on a going concern basis.

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT.

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

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.

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities, including creditors, are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

The 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. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Tangible fixed assets

Tangible fixed assets are depreciated on a straight-line basis at 15% per annum, with the exception of leasehold land, which is not depreciated. Useful economic lives and residual values are reviewed annually and adjusted where necessary. These assessments require judgement and may vary depending on factors such as technological developments, planned maintenance, expected future market conditions, the remaining life of the asset and anticipated disposal values.

The average monthly number of persons (including directors) employed by the company during the year was:

The net book value of tangible fixed assets held under hire purchase agreements at 31 March 2025 was £2,053,435 (2024: £2,293,552). The related obligations are included within creditors and are secured on the assets concerned.

The following are the major deferred tax liabilities and assets recognised by the company and movements thereon:

The deferred taxation liability in regard to the accelerated capital allowances is expected to reverse over the life of the assets.

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

In our opinion the financial statements:

• give a true and fair view of the state of the company's affairs as at 31 March 2025 and of its profit for the year then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• have been prepared in accordance with the requirements of the Companies Act 2006.

During the year the company entered into the following transactions with related parties:

At the year end, £1,696 was owed to Kenny Services Limited from a connected company and is held within other debtors. In 2024, £723,417 was owed to the same connected company, and held within other creditors.

At the year end £13,505 was owed by Kenny Services Limited to another connected company. In 2024, £993,566 was owed from the connected company, and held within other debtors.

During the year, the company became part of a group. Accordingly, amounts due to entities in this group are now disclosed as amounts owed to group undertakings. In the prior year, the balance owed to these same entities was included within other creditors and totalled £2,887,731.

Dividends totalling £36,000 were paid out in the year respect of shares held by the company's directors. In the year to March 2024, dividends paid out to directors totalled £1,260,000.

At the year end £87,090 was owed to the directors (2024: £2,171,307 owed by the directors) of the company and this balance is included within other creditors.

In October 2024, the controlling party became Kenny Waste Management (Holdings) Limited, a company incorporated in England and Wales. The registered office is Worsley Trading Estate, Lester Road, Little Hulton, Manchester.

During the year, it was identified that the director's loan account balances at the previous year end had been classified within creditors. This balance represented amounts receivable from the director and should have been included within debtors.

The comparative figures have therefore been reclassified to present the amount of £2,171,307 within debtors.

This reclassification affects only the presentation within the balance sheet and has no impact on the profit for the year or net assets.