Company No: 11098023 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Robert Ayre
	Daniel Hales

REGISTERED OFFICE	24 Beaconsfield Drive Coddington
	Newark
	NG24 2RX
	United Kingdom

COMPANY NUMBER

11098023 (England and Wales)

ACCOUNTANT	Morrell Middleton Ltd
	Wellington House
	Aviator Court
	York
	YO30 4UZ

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	192,572		241,888
		192,572		241,888
Current assets
Stocks	4	74,000		0
Debtors	5	93,786		190,265
Cash at bank and in hand		77,071		29,288
		244,857		219,553
Creditors: amounts falling due within one year	6	( 152,400)		( 212,230)
Net current assets		92,457		7,323
Total assets less current liabilities		285,029		249,211
Creditors: amounts falling due after more than one year	7	( 98,775)		( 99,112)
Provision for liabilities	8	( 48,143)		( 60,472)
Net assets		138,111		89,627
Capital and reserves
Called-up share capital	9	2,000		2,000
Profit and loss account		136,111		87,627
Total shareholders' funds		138,111		89,627

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of KDR Powerlines Limited (registered number: 11098023) were approved and authorised for issue by the Board of Directors on 17 April 2026. They were signed on its behalf by:

Daniel Hales Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

KDR Powerlines Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 24 Beaconsfield Drive Coddington, Newark, NG24 2RX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.	3 years straight line
	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Work in progress is stated at the cost of the work performed to date.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of work in progress over its estimated realisable value less costs to complete is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	10		10

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 January 2025	558,225		558,225
Additions	73,232		73,232
Disposals	( 43,166)		( 43,166)
At 31 December 2025	588,291		588,291
Accumulated depreciation
At 01 January 2025	316,337		316,337
Charge for the financial year	109,216		109,216
Disposals	( 29,834)		( 29,834)
At 31 December 2025	395,719		395,719
Net book value
At 31 December 2025	192,572		192,572
At 31 December 2024	241,888		241,888

4. Stocks

	2025		2024
	£		£
Work in progress	74,000		0

5. Debtors

	2025		2024
	£		£
Trade debtors	25,454		159,513
Other debtors	68,332		30,752
	93,786		190,265

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	0		10,468
Trade creditors	4,609		7,667
Taxation and social security	59,185		50,226
Obligations under finance leases and hire purchase contracts	63,049		72,942
Other creditors	25,557		70,927
	152,400		212,230

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	0		5,197
Obligations under finance leases and hire purchase contracts	98,775		93,915
	98,775		99,112

There are no amounts included above in respect of which any security has been given by the small entity.

8. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 60,472)		( 77,180)
Credited to the Statement of Income and Retained Earnings	12,329		16,708
At the end of financial year	( 48,143)		( 60,472)

9. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
1,000 Ordinary shares of £ 1.00 each	1,000		1,000
1,000 Ordinary B shares of £ 1.00 each	1,000		1,000
	2,000		2,000