Filleted
Registration number: 06837532

Kevan Krelle Building Services Ltd

Contents

Company Information	1
Directors' Report	2
Balance Sheet	3
Notes to the Unaudited Financial Statements	4 to 9

Kevan Krelle Building Services Ltd

Company Information

Directors

Mrs PA Krelle Mr K D Krelle

Registered office

Seascape Marloes Haverfordwest SA62 3BE

Kevan Krelle Building Services Ltd

Directors' Report for the Year Ended 31 March 2025

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

Directors of the company

The directors who held office during the year were as follows:

Mrs PA Krelle

Mr K D Krelle

Principal activity

The principal activity of the company is Building contractors

Going concern

The directors will support the company for the foreseeable future and pay debts as they fall due

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the Board on 18 December 2025 and signed on its behalf by:

......................................... Mr K D Krelle Director

Kevan Krelle Building Services Ltd

(Registration number: 06837532)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	110,680	120,274
Current assets
Stocks	5	3,050	17,500
Debtors	6	375,444	129,836
Cash at bank and in hand		156,586	293,423
		535,080	440,759
Creditors: Amounts falling due within one year	7	(99,882)	(65,999)
Net current assets		435,198	374,760
Net assets		545,878	495,034
Capital and reserves
Called up share capital	8	301	301
Retained earnings		545,577	494,733
Shareholders' funds		545,878	495,034

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account and Directors' Report.

Approved and authorised by the Board on 18 December 2025 and signed on its behalf by:
 

......................................... Mr K D Krelle Director

Kevan Krelle Building Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in Wales.

The address of its registered office is:
Seascape
Marloes
Haverfordwest
SA62 3BE

These financial statements were authorised for issue by the Board on 18 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Kevan Krelle Building Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	10% on a reducing balance basis
Motor vehicles	10% on a reducing balance basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Kevan Krelle Building Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4	Tangible assets

	Plant and machinery £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2024	182,574	63,856	246,430
Additions	4,100	-	4,100
Disposals	(2,685)	-	(2,685)
At 31 March 2025	183,989	63,856	247,845
Depreciation
At 1 April 2024	106,312	19,844	126,156
Charge for the year	7,707	4,401	12,108
Eliminated on disposal	(1,099)	-	(1,099)
At 31 March 2025	112,920	24,245	137,165
Carrying amount
At 31 March 2025	71,069	39,611	110,680
At 31 March 2024	76,262	44,012	120,274

Kevan Krelle Building Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Included within the net book value of land and buildings above is £Nil (2024 - £Nil) in respect of freehold land and buildings.
 

5

Stocks

	2025 £	2024 £
Work in progress	1,000	12,000
Other inventories	2,050	5,500
	3,050	17,500

6

Debtors

Current	Note	2025 £	2024 £
Trade debtors		-	(60)
Amounts owed by related parties	9	375,444	124,467
Other debtors		-	5,429
		375,444	129,836

Kevan Krelle Building Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Trade creditors		30,285	20,821
Taxation and social security		8,079	2,127
Other related parties		31,525	25,974
Corporation tax liability		29,993	17,077
		99,882	65,999

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100
A Ordinary of £1 each	200	200	200	200
B Ordinary of £1 each	1	1	1	1
	301	301	301	301

9	Related party transactions

Transactions with directors

2025	At 1 April 2024 £	Repayments by director £	At 31 March 2025 £
Mr K D Krelle
Interest free loan with no fixed repayments terms	(12,987)	(2,776)	(15,763)
Mrs PA Krelle
Interest free loan with no fixed repayment terms	(12,987)	(2,776)	(15,763)

Kevan Krelle Building Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

2024	At 1 April 2023 £	Repayments by director £	At 31 March 2024 £
Mr K D Krelle
Interest free loan with no fixed repayments terms	(9,438)	(3,548)	(12,987)
Mrs PA Krelle
Interest free loan with no fixed repayment terms	(9,438)	(3,549)	(12,987)

Summary of transactions with joint ventures

Am Nawr Property Services Ltd
(Mr Kevan Krelle is also a director of Am Nawr Property Services Ltd)
(Mrs Patricia Krelle is also a director of Am Nawr Property Services Ltd)

Summary of transactions with other related parties

There is a loan balance due from Am Nawr Property Services Ltd of £375,444.40. This balance is interest free and re payable on agreement. (2023;£124,467.40).