14650070 false Development of building projects 2024-02-29 2025-02-28 http://www.companieshouse.gov.uk/2024-02-28 http://www.companieshouse.gov.uk/pt:ShareCapital 2024-02-28 http://www.companieshouse.gov.uk/cd:Director1 2024-02-29 2025-02-28 http://www.companieshouse.gov.uk/pt:ShareCapital 2025-02-28 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass1 2024-02-29 2025-02-28 http://www.companieshouse.gov.uk/cd:RegisteredOffice 2024-02-29 2025-02-28 http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport 2024-02-29 2025-02-28 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2025-02-28 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2024-02-28 http://www.companieshouse.gov.uk/2024-02-29 2025-02-28 http://www.companieshouse.gov.uk/2024-02-28 http://www.companieshouse.gov.uk/cd:FRS102 2024-02-29 2025-02-28 http://www.companieshouse.gov.uk/2025-02-28 http://www.companieshouse.gov.uk/cd:FullAccounts 2024-02-29 2025-02-28 http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 14650070
Kensey Valley Ltd
ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
Prepared By:
Willow Accounting & Consultancy
47a Commercial Road
Ashley Cross
Poole
Dorset
BH14 0HU

Kensey Valley Ltd

ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
DIRECTORS
Louisa Matthews
REGISTERED OFFICE
47a Commercial Road
Poole
Dorset
BH14 0HU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 14650070
ACCOUNTANTS
Willow Accounting & Consultancy
47a Commercial Road
Ashley Cross
Poole
Dorset
BH14 0HU

Kensey Valley Ltd

ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
CONTENTS |  |
|  | Page
Directors' Report |  | -
Statement Of Comprehensive Income |  | -
Balance Sheet |  | 3
Notes To The Accounts |  | 4
The following do not form part of the statutory financial statements: |  |
Trading And Profit And Loss Account |  | -
Profit And Loss Account Summaries |  | -

Kensey Valley Ltd

BALANCE SHEET AT 28 February 2025
|  |  |  |  |  | 2025 |  |  |  | 2024
|  | Notes |  |  |  | £ |  |  |  | £
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Stock |  |  |  | 963,474 |  |  |  | 829,418 |  |
Debtors |  | 4 |  | 524,290 |  |  |  | 1,590 |  |
Cash at bank and in hand |  |  |  | - |  |  |  | 5 |  |
|  |  |  | 1,487,764 |  |  |  | 831,013 |  |
CREDITORS: Amounts falling due within one year |  | 5 |  | 1,486,813 |  |  |  | 828,862 |  |
NET CURRENT ASSETS |  |  |  |  |  | 951 |  |  |  | 2,151
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  |  |  |  | 951 |  |  |  | 2,151
CREDITORS: Amounts falling due after more than one year |  | 6 |  |  |  | 3,000 |  |  |  | 3,000
NET LIABILITIES |  |  |  |  |  | (2,049) |  |  |  | (849)
CAPITAL AND RESERVES |  |  |  |  |  |  |  |  |  |
Called up share capital |  | 7 |  |  |  | 100 |  |  |  | 100
Profit and loss account |  |  |  |  |  | (2,149) |  |  |  | (949)
SHAREHOLDERS' FUNDS |  |  |  |  |  | (2,049) |  |  |  | (849)
For the year ending 28 February 2025 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 8 April 2026 and signed on their behalf by |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
Louisa Matthews |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |

Kensey Valley Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1. ACCOUNTING POLICIES

1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

2. EMPLOYEES |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | No. |  | No.
Average number of employees |  |  |  | 1 |  | 1

3. STOCK |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Stock comprises: |  |  |  |  |  |
Work in progress |  |  |  | 963,474 |  | 829,418
|  |  |  | 963,474 |  | 829,418

Kensey Valley Ltd

4. DEBTORS |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Amounts falling due within one year |  |  |  |  |  |
Amounts due from group companies |  |  |  | 524,256 |  | 1,590
Directors current account |  |  |  | 34 |  | -
|  |  |  | 524,290 |  | 1,590

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Loans (secured) |  |  |  | 1,484,599 |  | 774,433
Trade creditors |  |  |  | 114 |  | 114
Accruals |  |  |  | 2,100 |  | 900
Amounts due to group companies |  |  |  | - |  | 53,415
|  |  |  | 1,486,813 |  | 828,862
Amounts included in Loans (secured) are secured against the land lying to the north east of Hillpark House, Hillpark, Launceston and land on the south east side of Ridgegrove Hill, Launceston by way of fixed and floating charges.

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Loans (secured) |  |  |  | 3,000 |  | 3,000
|  |  |  | 3,000 |  | 3,000

7. SHARE CAPITAL |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Allotted, issued and fully paid: |  |  |  |  |  |
100 Ordinary shares of £1 each |  |  |  | 100 |  | 100
|  |  |  | 100 |  | 100

Kensey Valley Ltd

8. CONTROLLING PARTY
The ultimate controlling party is Mrs L Matthews, by virtue of her 100% holding of the issued voting share capital of the company.