KBR22 Holdings Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13987148

KBR22 Holdings Ltd

Filleted Unaudited Financial Statements

31 March 2025

KBR22 Holdings Ltd

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Investments	6	11,003,499	11,003,499

Current assets

Debtors	7	240,000	–
Cash at bank and in hand		1,074,744	489,828
		---------------	-----------
		1,314,744	489,828

Creditors: amounts falling due within one year	8	4,332,648	9,998,190
		---------------	---------------
Net current liabilities		3,017,904	9,508,362
		---------------	---------------
Total assets less current liabilities		7,985,595	1,495,137
		---------------	---------------
Net assets		7,985,595	1,495,137
		---------------	---------------

KBR22 Holdings Ltd

Statement of Financial Position (continued)

31 March 2025

	2025	2024
Note	£	£

Capital and reserves

Called up share capital	10	843	843
Profit and loss account		7,984,752	1,494,294
		---------------	---------------
Shareholders funds		7,985,595	1,495,137
		---------------	---------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

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.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 22 December 2025 , and are signed on behalf of the board by:

Miss Simran Kaur Virk
Director

Company registration number: 13987148

KBR22 Holdings Ltd

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 1 Sands Industrial Estate, Hillbottom Road, High Wycombe, Buckinghamshire, HP12 4HJ, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Disclosure exemptions

(a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented. (c) No disclosure has been given for the aggregate remuneration of key management personnel.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Investments in associates

Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

Investments in joint ventures

Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

4. Tax on profit

Major components of tax expense

	2025	2024
	£	£

Current tax:

UK current tax expense	458,726	216,106
	-----------	-----------
Tax on profit	458,726	216,106
	-----------	-----------

Reconciliation of tax expense

The tax assessed on the profit on ordinary activities for the year is lower than (2024: higher than) the standard rate of corporation tax in the UK of 25 % (2024: 25 %).

	2025	2024
	£	£
Profit on ordinary activities before taxation	6,834,334	777,789
	---------------	-----------
Profit on ordinary activities by rate of tax	1,708,584	194,447
Effect of expenses not deductible for tax purposes	( 1,249,858)	21,659
	---------------	-----------
Tax on profit	458,726	216,106
	---------------	-----------

5. Dividends

	2025	2024
	£	£
Dividends paid during the year (excluding those for which a liability existed at the end of the prior year )	885,150	–
	-----------	-----

6. Investments

	Other investments other than loans
	£
Cost
At 1 April 2024 and 31 March 2025	11,003,499
	---------------
Impairment
At 1 April 2024 and 31 March 2025	–
	---------------

Carrying amount
At 31 March 2025	11,003,499
	---------------
At 31 March 2024	11,003,499
	---------------

The investment relates to 50% of ordinary shares acquired in the following company:

Blowplast Ltd - manufacturing of plastic products

The registered office for Blowplast Ltd is the same as the parent company, KBR22 Holdings Ltd .

7. Debtors

	2025	2024
	£	£
Trade debtors	240,000	–
	-----------	-----

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	–	1,440
Amounts owed to associated company	3,299,010	7,894,701
Corporation tax	412,272	216,106
Social security and other taxes	350,300	69,900
Director loan accounts	4,807	–
Accruals	1,700	1,200
Other creditors	264,559	1,814,843
	---------------	---------------
	4,332,648	9,998,190
	---------------	---------------

A balance of nil (2024 - £900,284) is included in other creditors for the deferred consideration of the purchase of shares in a company acquired previously.

9. Prior period adjustments

The prior period adjustment relates to a dividend received from group company which wasn't recorded.

10. Called up share capital

Authorised share capital

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 0.0001 each	8,430,000	843	8,430,000	843
	---------------	-----	---------------	-----

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 0.0001 each	8,430,000	843	8,430,000	843
	---------------	-----	---------------	-----

11. Related party transactions

The directors' loan account was not overdrawn during the current year. The director is the key management personnel of the company. A balance of £ 3,299,011 is owed by KBR22 Holdings Ltd to its 50% owned associate company. No interest has been charged on this balance. A balance of £ 495,310 is owed to KBR22 Holdings Ltd to a related company. Management charges of £3,600,000 have been charged to the 50% owned associate company during the year.