Company registration number 12099532 (England and Wales)
KELTON PROPERTY SOLUTIONS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
PAGES FOR FILING WITH REGISTRAR
KELTON PROPERTY SOLUTIONS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
KELTON PROPERTY SOLUTIONS LIMITED
BALANCE SHEET
AS AT
31 JULY 2025
31 July 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
-
0
-
0
Tangible assets
3
-
0
126
Current assets
Cash at bank and in hand
320
123
Creditors: amounts falling due within one year
Other creditors
16,968
16,656
Net current liabilities
(16,648)
(16,533)
Total assets less current liabilities
(16,648)
(16,407)
Provisions for liabilities
3,211
3,165
Net liabilities
(13,437)
(13,242)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(13,537)
(13,342)
Total equity
(13,437)
(13,242)

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

T he member has 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 her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 10 April 2026
Mrs L M Kelly-Tonge
Director
Company registration number 12099532 (England and Wales)
KELTON PROPERTY SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
- 2 -
1
Accounting policies
Company information

Kelton Property Solutions Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1st Floor, 3 & 4 Cranmere Court, Lustleigh Close, Matford Business Park, Exeter, Devon, EX2 8PW.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

These financial statements are prepared on the going concern basis. The director has a reasonable expectation that the company will continue in operational existence for the foreseeable future. However, the director is aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern.

1.3
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% straight line
KELTON PROPERTY SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
1
Accounting policies
(Continued)
- 3 -
1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
KELTON PROPERTY SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 4 -
3
Tangible fixed assets
Plant and equipment
£
Cost
At 1 August 2024 and 31 July 2025
1,743
Depreciation and impairment
At 1 August 2024
1,617
Depreciation charged in the year
126
At 31 July 2025
1,743
Carrying amount
At 31 July 2025
-
0
At 31 July 2024
126
4
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
15,854
15,542
Accruals and deferred income
1,114
1,114
16,968
16,656
5
Related party transactions

The following amounts were outstanding at the reporting end date:

2025
2024
Amounts due to related parties
£
£
Key management personnel
15,161
14,849
Other related parties
693
693

No interest has been charged on these balances and there are no fixed dates for repayment.

2025-07-31 2024-08-01 false false false 10 April 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mrs L M Kelly-Tonge 12099532 2024-08-01 2025-07-31 12099532 2025-07-31 12099532 2024-07-31 12099532 core:PlantMachinery 2025-07-31 12099532 core:PlantMachinery 2024-07-31 12099532 core:WithinOneYear 2025-07-31 12099532 core:WithinOneYear 2024-07-31 12099532 core:CurrentFinancialInstruments core:WithinOneYear 2025-07-31 12099532 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 12099532 core:ShareCapital 2025-07-31 12099532 core:ShareCapital 2024-07-31 12099532 core:RetainedEarningsAccumulatedLosses 2025-07-31 12099532 core:RetainedEarningsAccumulatedLosses 2024-07-31 12099532 bus:Director1 2024-08-01 2025-07-31 12099532 core:PlantMachinery 2024-08-01 2025-07-31 12099532 2023-08-01 2024-07-31 12099532 core:PlantMachinery 2024-07-31 12099532 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 12099532 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 12099532 bus:FRS102 2024-08-01 2025-07-31 12099532 bus:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 12099532 bus:FullAccounts 2024-08-01 2025-07-31 xbrli:pure xbrli:shares iso4217:GBP