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REGISTERED NUMBER: 12985784 (England and Wales)

| Kelmore Limited |

| Unaudited Financial Statements |

| for the period |

| 1 November 2024 to 31 December 2025 |

Kelmore Limited (Registered number: 12985784)

Contents of the Financial Statements

for the period 1 November 2024 to 31 December 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Kelmore Limited

Company Information

for the period 1 November 2024 to 31 December 2025

| DIRECTORS: | MD Kelly

| R Kelly

| A Moss

| REGISTERED OFFICE: | The Dell

| Berry Way

| Chorley

| Lancashire

| PR7 6RA

| REGISTERED NUMBER: | 12985784 (England and Wales)

| ACCOUNTANTS: | McMillan & Co LLP

| Chartered Accountants

| 28 Eaton Avenue

| Matrix Office Park

| Buckshaw Village

| Chorley

| Lancashire

| PR7 7NA

Kelmore Limited (Registered number: 12985784)

Balance Sheet

31 December 2025

2025 | 2024 |

| Notes | £ | £ | £ | £

FIXED ASSETS

Tangible assets | 4 | 4,593,476 |  | 4,705,994 |  |

CURRENT ASSETS

Stocks | 5 | 1,365,322 |  | 975,817 |  |

Debtors | 6 | 2,326,744 |  | 2,156,613 |  |

Cash at bank | 1,480,508 |  | 759,820 |  |

5,172,574 |  | 3,892,250 |  |

CREDITORS

Amounts falling due within one year | 7 | 3,637,102 |  | 3,552,329 |  |

NET CURRENT ASSETS | 1,535,472 |  | 339,921 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 6,128,948 |  | 5,045,915 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 6,000,000 |  | 6,000,000 |  |

NET ASSETS/(LIABILITIES) | 128,948 |  | (954,085 | ) |

CAPITAL AND RESERVES

Called up share capital | 10 | 100 |  | 100 |  |

Retained earnings | 128,848 |  | (954,185 | ) |

SHAREHOLDERS' FUNDS | 128,948 |  | (954,085 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

Kelmore Limited (Registered number: 12985784)

Balance Sheet - continued

31 December 2025

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 June 2026 and were signed on its behalf by:

MD Kelly - Director

Kelmore Limited (Registered number: 12985784)

Notes to the Financial Statements

for the period 1 November 2024 to 31 December 2025

1. | STATUTORY INFORMATION

| Kelmore Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£) and the amounts in the financial statements have been rounded to the nearest £1.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery | - | 10% on cost

| Fixtures and fittings | - | 10% on cost

| Motor vehicles | - | 25% on cost

| Computer equipment | - | 20% on cost

| No depreciation is provided on the company's long leasehold buildings as the directors consider that the lives of these assets are so long and residual values, based on prices prevailing at the time of acquisition, are sufficiently high that any depreciation would be immaterial. Provision is made in the profit and loss account in the event of any permanent diminution in the value of the properties.

| Assets in the course of construction at the reporting date are recognised at cost, which is based on the work done plus other direct costs incurred. No depreciation is charged on these assets until the period in which they are fully brought into use.

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Financial instruments

| Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

| Basic financial assets, which include debtors, prepayments and bank balances, are initially measured at transaction price and are subsequently carried at cost unless the arrangement indicates otherwise and then the asset is measured at the present value of the future receipts discounted at a market rate of interest.

| Basic financial liabilities, which include creditors, accruals, loans and funding, are initially recognised at transaction price and are subsequently carried at cost unless the arrangement indicates otherwise and then the liability is measured at the present value of the future obligations discounted at a market rate of interest.

Kelmore Limited (Registered number: 12985784)

Notes to the Financial Statements - continued

for the period 1 November 2024 to 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Foreign currencies

| 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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 52 (2024 - 32 ) .

Kelmore Limited (Registered number: 12985784)

Notes to the Financial Statements - continued

for the period 1 November 2024 to 31 December 2025

4. | TANGIBLE FIXED ASSETS

Fixtures |

Long | Plant and | and |

leasehold | machinery | fittings |

| £ | £ | £

| COST

| At 1 November 2024 | 245,350 |  | 4,301,370 |  | 169,648 |  |

| Additions | 137,062 |  | 222,595 |  | 79,050 |  |

| Disposals | - |  | - |  | - |  |

| At 31 December 2025 | 382,412 |  | 4,523,965 |  | 248,698 |  |

| DEPRECIATION

| At 1 November 2024 | 4,879 |  | 268,204 |  | 9,731 |  |

| Charge for period | 13,730 |  | 501,792 |  | 26,253 |  |

| Eliminated on disposal | - |  | - |  | - |  |

| At 31 December 2025 | 18,609 |  | 769,996 |  | 35,984 |  |

| NET BOOK VALUE

| At 31 December 2025 | 363,803 |  | 3,753,969 |  | 212,714 |  |

| At 31 October 2024 | 240,471 |  | 4,033,166 |  | 159,917 |  |

Motor | Computer |

vehicles | equipment | Totals |

| £ | £ | £

| COST

| At 1 November 2024 | 268,905 |  | 33,987 |  | 5,019,260 |  |

| Additions | 184,324 |  | 9,794 |  | 632,825 |  |

| Disposals | (162,405 | ) | - |  | (162,405 | ) |

| At 31 December 2025 | 290,824 |  | 43,781 |  | 5,489,680 |  |

| DEPRECIATION

| At 1 November 2024 | 26,053 |  | 4,399 |  | 313,266 |  |

| Charge for period | 62,394 |  | 8,638 |  | 612,807 |  |

| Eliminated on disposal | (29,869 | ) | - |  | (29,869 | ) |

| At 31 December 2025 | 58,578 |  | 13,037 |  | 896,204 |  |

| NET BOOK VALUE

| At 31 December 2025 | 232,246 |  | 30,744 |  | 4,593,476 |  |

| At 31 October 2024 | 242,852 |  | 29,588 |  | 4,705,994 |  |

5. | STOCKS

2025 | 2024 |

| £ | £

| Stock | 1,365,322 |  | 975,817 |  |

Kelmore Limited (Registered number: 12985784)

Notes to the Financial Statements - continued

for the period 1 November 2024 to 31 December 2025

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Trade debtors | 2,161,544 |  | 1,890,168 |  |

| Other debtors | 48,542 |  | 2,754 |  |

| Corporation tax | - |  | 114,400 |  |

| Prepayments and accrued income | 116,658 |  | 149,291 |  |

2,326,744 |  | 2,156,613 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Trade creditors | 1,201,408 |  | 1,171,106 |  |

| Taxation and social security | 455,115 |  | 332,098 |  |

| Other creditors | 1,980,579 |  | 2,049,125 |  |

3,637,102 |  | 3,552,329 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

| £ | £

| Other creditors | 6,000,000 |  | 6,000,000 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

| £ | £

| Director and shareholder loans | 6,970,240 |  | 7,404,186 |  |

| The directors loans, which also includes their immediate family, are secured by fixed and floating charges created on 11 December 2023.

10. | CALLED UP SHARE CAPITAL

|  | 2025 |  | 2024 |  |

|  | No |  | £ |  | No |  | £ |  |

| A Ordinary shares of £0.01 each |  | 6,000 |  | 60.00 |  | 6,000 |  | 60.00 |  |

| B Ordinary shares of £0.01 each |  | 1,375 |  | 13.75 |  | 1,375 |  | 13.75 |  |

| C Ordinary shares of £0.01 each |  | 1,375 |  | 13.75 |  | 1,375 |  | 13.75 |  |

| D Ordinary shares of £0.01 each |  | 500 |  | 5.00 |  | 500 |  | 5.00 |  |

| E Ordinary shares of £0.01 each |  | 750 |  | 7.50 |  | 750 |  | 7.50 |  |

|  | 10,000 |  | 100.00 |  | 10,000 |  | 100.00 |  |

Kelmore Limited (Registered number: 12985784)

Notes to the Financial Statements - continued

for the period 1 November 2024 to 31 December 2025

11. | RELATED PARTY DISCLOSURES

| In the opinion of the directors the company is controlled by Mr P Kelly, Mrs R Kelly and Mr MD Kelly by virtue of their shareholding in the company.

| At the year end certain of the directors and their immediate family had loaned funds to the company totalling £6,970,240 (2024: £7,404,186) which are disclosed within other creditors, both within and over one year, and which are secured on the assets of the company.