BrightAccountsProduction v1.0.0 v1.0.0 2024-08-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts property letting 9 March 2026 1 1 NI613429 2025-07-31 NI613429 2024-07-31 NI613429 2023-07-31 NI613429 2024-08-01 2025-07-31 NI613429 2023-08-01 2024-07-31 NI613429 uk-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 NI613429 uk-curr:PoundSterling 2024-08-01 2025-07-31 NI613429 uk-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 NI613429 uk-bus:FullAccounts 2024-08-01 2025-07-31 NI613429 uk-core:ShareCapital 2025-07-31 NI613429 uk-core:ShareCapital 2024-07-31 NI613429 uk-core:RetainedEarningsAccumulatedLosses 2025-07-31 NI613429 uk-core:RetainedEarningsAccumulatedLosses 2024-07-31 NI613429 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-07-31 NI613429 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-07-31 NI613429 uk-bus:FRS102 2024-08-01 2025-07-31 NI613429 uk-core:FurnitureFittingsToolsEquipment 2024-08-01 2025-07-31 NI613429 uk-core:WithinOneYear 2025-07-31 NI613429 uk-core:WithinOneYear 2024-07-31 NI613429 uk-core:OtherMiscellaneousReserve 2024-07-31 NI613429 uk-core:OtherMiscellaneousReserve 2024-08-01 2025-07-31 NI613429 uk-core:AcceleratedTaxDepreciationDeferredTax 2025-07-31 NI613429 uk-core:TaxLossesCarry-forwardsDeferredTax 2025-07-31 NI613429 uk-core:OtherDeferredTax 2025-07-31 NI613429 uk-core:RevaluationPropertyPlantEquipmentDeferredTax 2025-07-31 NI613429 uk-core:OtherMiscellaneousReserve 2025-07-31 NI613429 2024-08-01 2025-07-31 NI613429 uk-bus:Director1 2024-08-01 2025-07-31 NI613429 uk-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 xbrli:pure iso4217:GBP xbrli:shares

Company Registration Number: NI613429

Kellson Limited

Unaudited Financial Statements

for the financial year ended 31 July 2025

Kellson Limited

Company Registration Number: NI613429

BALANCE SHEET

as at 31 July 2025

|  |  | 2025 |  | 2024
|  | Notes | £ |  | £
Fixed Assets

Tangible assets |  | 4 | 97,027 |  | 97,086
|  |  | ───────── |  | ─────────
Creditors: amounts falling due within one year |  | 5 | (86,094) |  | (89,412)
|  |  | ───────── |  | ─────────
Net Current Liabilities |  |  | (86,094) |  | (89,412)
|  |  | ───────── |  | ─────────
Total Assets less Current Liabilities |  |  | 10,933 |  | 7,674
Provisions for liabilities |  | 7 | (72) |  | (83)
|  |  | ───────── |  | ─────────
Net Assets |  |  | 10,861 |  | 7,591
|  |  | ═════════ |  | ═════════
Capital and Reserves

Called up share capital |  |  | 2 |  | 2
Retained earnings |  |  | 10,859 |  | 7,589
|  |  | ───────── |  | ─────────
Equity attributable to owners of the company |  |  | 10,861 |  | 7,591
|  |  | ═════════ |  | ═════════
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Director's Report.

For the financial year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

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

The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Approved by the Director and authorised for issue on 9 March 2026

________________________________ |  |  |  |  |
Charlene Wilson |  |  |  |  |
Director |  |  |  |  |

Kellson Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 July 2025

1. | General Information
| Kellson Limited is a company limited by shares incorporated in Northern Ireland. 9a Woodvale Road, Moneymore, Co Londonderry, BT45 7TU is the registered office, which is also the principal place of business of the company. . The nature of the company's operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

2. | Summary of Significant Accounting Policies
| The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
| Statement of compliance
| The financial statements of the company for the year ended 31 July 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
| Basis of preparation
| The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
| Tangible assets and depreciation
| Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
|  | Fixtures, fittings and equipment | - | 10% Straight line
| The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
| Investment properties
| Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business. Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Profit and Loss Account as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Profit and Loss Account.
| Provisions
| Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
| Trade and other creditors
| Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
| Taxation and deferred taxation
| Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| Ordinary share capital
| The ordinary share capital of the company is presented as equity.

3. | Employees
| The average monthly number of employees, including director, during the financial year was 1, (2024 - 1).
|  | 2025 | 2024
|  | Number | Number
| Total | 1 | 1
|  | ═════════ | ═════════

4. | Tangible assets
|  | Investment | Fixtures, | Total
|  | properties | fittings and |
|  |  | equipment |
|  | £ | £ | £
| Cost
| At 1 August 2024 | 96,650 | 589 | 97,239
|  | ───────── | ───────── | ─────────
| At 31 July 2025 | 96,650 | 589 | 97,239
|  | ───────── | ───────── | ─────────
| Depreciation
| At 1 August 2024 | - | 153 | 153
| Charge for the financial year | - | 59 | 59
|  | ───────── | ───────── | ─────────
| At 31 July 2025 | - | 212 | 212
|  | ───────── | ───────── | ─────────
| Net book value
| At 31 July 2025 | 96,650 | 377 | 97,027
|  | ═════════ | ═════════ | ═════════
| At 31 July 2024 | 96,650 | 436 | 97,086
|  | ═════════ | ═════════ | ═════════
| Due to the current market conditions, the director has determined that the valuations of the properties remained unchanged from the date of purchase and therefore no appraisals were carried out at the 31 July 2024.

5. | Creditors | 2025 | 2024
| Amounts falling due within one year | £ | £
| Taxation (Note 6) | 772 | 546
| Director's current account | 79,457 | 83,001
| Accruals | 5,865 | 5,865
|  | ───────── | ─────────
|  | 86,094 | 89,412
|  | ═════════ | ═════════

6. | Taxation | 2025 | 2024
|  | £ | £
| Creditors:
| Corporation tax | 772 | 546
|  | ═════════ | ═════════

7. | Provisions for liabilities
| The amounts provided for deferred taxation are analysed below:
|  | Capital | Total | Total
|  | allowances |  |
|  |  | 2025 | 2024
|  | £ | £ | £
| At financial year start | 83 | 83 | 94
| Charged to profit and loss | (11) | (11) | (11)
|  | ───────── | ───────── | ─────────
| At financial year end | 72 | 72 | 83
|  | ═════════ | ═════════ | ═════════

8. | Capital commitments
| The company had no material capital commitments at the financial year-ended 31 July 2025.

9. | Related party transactions
| The beneficial interest in the properties included in the fixed asset note 4 belongs to Kellson Limited, the purchase of these properties was taken out in the name of Mrs C Wilson who is a director of Kellson Limited.

10. | Post-Balance Sheet Events
| There have been no significant events affecting the company since the financial year-end.