Holding The Keppel's Head Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 11788054

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,847,530		3,863,078

			3,847,530		3,863,078
CURRENT ASSETS
Stocks	5	24,560		24,560
Debtors	6	250,553		204,927
Investments	7	(15,856 )		(18,057 )
Cash at bank and in hand		6,199		14,353

		265,456		225,783
Creditors: Amounts Falling Due Within One Year	8	(760,603 )		(749,266 )

NET CURRENT ASSETS (LIABILITIES)			(495,147 )		(523,483 )

TOTAL ASSETS LESS CURRENT LIABILITIES			3,352,383		3,339,595

Creditors: Amounts Falling Due After More Than One Year	9		(3,675,565 )		(3,526,611 )

NET LIABILITIES			(323,182 )		(187,016 )

CAPITAL AND RESERVES
Called up share capital	10		10		10
Profit and Loss Account			(323,192 )		(187,026 )

SHAREHOLDERS' FUNDS			(323,182)		(187,016)

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Holding The Keppel's Head Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Yuk Wee Lim

Director

31/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Holding The Keppel's Head Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11788054 . The registered office is 35 Kingston Road, Portsmouth, PO2 7DP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	3607514.57
Plant & Machinery	85721.73
Fixtures & Fittings	69310.46
Computer Equipment	1867.70

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 20 (2023: 20)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 January 2024	3,733,862	108,589	81,087	6,383	3,929,921
Additions	-	416	3,875	-	4,291

As at 31 December 2024	3,733,862	109,005	84,962	6,383	3,934,212

...CONTINUED

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Holding The Keppel's Head Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Depreciation
As at 1 January 2024	-	51,146	13,326	2,371	66,843
Provided during the period	-	10,870	8,331	638	19,839

As at 31 December 2024	-	62,016	21,657	3,009	86,682

Net Book Value
As at 31 December 2024	3,733,862	46,989	63,305	3,374	3,847,530

As at 1 January 2024	3,733,862	57,443	67,761	4,012	3,863,078

5. Stocks

	2024	2023
	£	£
Finished goods	24,560	24,560

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	526	-
Due after more than one year
Amount owing to / by HTL	250,027	204,927

	250,553	204,927

7. Current Asset Investments

	2024	2023
	£	£
Short term deposits	(15,856 )	(18,057 )

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	41,735	62,300
Bank loans and overdrafts	13,081	23,613
Other taxes and social security	9,892	42,442
VAT	111,959	72,580
Amount owing to / by OVH	(9,730 )	(4,561 )
Amount owing to / by TLH	129,606	113,986
Amount owing to / by TLH B&B	109,703	89,932
Other creditors (4)	6,319	6,319
Other creditors (5)	8,851	7,712
Accruals and deferred income	4,627	-
Directors' loan accounts	1,258	1,641
Amounts owed to other participating interests WHT(Current liabilities - creditors < 1 year)	333,302	333,302

	760,603	749,266

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Holding The Keppel's Head Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

9. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	2,248,310	2,200,000
Amounts owed to group undertakings CYL (Long term liabilities - creditors > 1 year)	742,651	699,251
Amounts owed to other participating interests (Long term liabilities - creditors > 1 year)	684,604	627,360

	3,675,565	3,526,611

10. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	10	10

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