Kers Innovation UK Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 12968039

		31 December 2025		30 June 2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		12,488		4,613
Tangible Assets	5		51,376		63,428

			63,864		68,041
CURRENT ASSETS
Stocks	6	454,562		360,482
Debtors	7	1,539,529		1,377,348
Cash at bank and in hand		266,861		147,700

		2,260,952		1,885,530
Creditors: Amounts Falling Due Within One Year	8	(1,058,335 )		(1,150,724 )

NET CURRENT ASSETS (LIABILITIES)			1,202,617		734,806

TOTAL ASSETS LESS CURRENT LIABILITIES			1,266,481		802,847

PROVISIONS FOR LIABILITIES
Deferred Taxation			(15,966 )		-

NET ASSETS			1,250,515		802,847

CAPITAL AND RESERVES
Called up share capital	9		80		80
Capital redemption reserve			(99,980 )		(99,980 )
Profit and Loss Account			1,350,415		902,747

SHAREHOLDERS' FUNDS			1,250,515		802,847

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Kers Innovation UK Limited

Balance Sheet (continued)

As At 31 December 2025

For the period ending 31 December 2025 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

N F Guest

Director

27/05/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Kers Innovation UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12968039 . The registered office is Albert House, Albert Street, Oldham, OL8 3QP.

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. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. 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.

2.4. Intangible Fixed Assets and Amortisation - Intellectual Property

Intellectual property assets are website developments costs. They are amortised to the profit and loss account over their estimated economic life of 4 years.

2.5. 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:

Leasehold	5 year straight line
Plant & Machinery	3 year straight line
Motor Vehicles	15% reducing balance
Fixtures & Fittings	3 year straight line

2.6. 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.

2.7. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Kers Innovation UK Limited

Notes to the Financial Statements (continued)

For the Period 1 July 2025 to 31 December 2025

2.8. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 7 (2025: 7)

4. Intangible Assets

	Development Costs
	£
Cost
As at 1 July 2025	15,958
Additions	10,134

As at 31 December 2025	26,092

Amortisation
As at 1 July 2025	11,345
Provided during the period	2,259

As at 31 December 2025	13,604

Net Book Value
As at 31 December 2025	12,488

As at 1 July 2025	4,613

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Kers Innovation UK Limited

Notes to the Financial Statements (continued)

For the Period 1 July 2025 to 31 December 2025

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£	£
Cost
As at 1 July 2025	42,716	97,564	29,979	5,915	176,174
Additions	4,902	-	-	-	4,902

As at 31 December 2025	47,618	97,564	29,979	5,915	181,076

Depreciation
As at 1 July 2025	24,769	61,433	22,319	4,225	112,746
Provided during the period	3,193	12,511	574	676	16,954

As at 31 December 2025	27,962	73,944	22,893	4,901	129,700

Net Book Value
As at 31 December 2025	19,656	23,620	7,086	1,014	51,376

As at 1 July 2025	17,947	36,131	7,660	1,690	63,428

6. Stocks

	31 December 2025	30 June 2025
	£	£
Stock	454,562	360,482

7. Debtors

	31 December 2025	30 June 2025
	£	£
Due within one year
Trade debtors	1,354,610	1,309,537
Prepayments and accrued income	86,973	18,644
Other debtors	62,000	49,167
DLA	35,946	-

	1,539,529	1,377,348

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Kers Innovation UK Limited

Notes to the Financial Statements (continued)

For the Period 1 July 2025 to 31 December 2025

8. Creditors: Amounts Falling Due Within One Year

	31 December 2025	30 June 2025
	£	£
Trade creditors	110,723	186,066
Corporation tax	374,201	212,277
Other taxes and social security	25,958	9,109
VAT	268,273	240,782
Other creditors	3,763	3,388
Accruals and deferred income	207,217	498,848
Directors' loan accounts	-	254
Amounts owed to related parties	68,200	-

	1,058,335	1,150,724

9. Share Capital

	31 December 2025	30 June 2025
Allotted, called up and fully paid	£	£
80 Ordinary Shares of £ 1.00 each	80	80

10. Related Party Transactions

During the year, the company advanced a loan of £56,000 (Jun-2025: £45,000) to Mr. Dean Guest, director of the company from 01st Jan 2026 . The loan is included within Other Debtors as at the balance sheet date.

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