IRIS Accounts Production v26.1.10.61 04592964 Board of Directors 1.1.25 31.12.25 31.12.25 29.5.26 false true false false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04592964 2024-12-31 04592964 2025-12-31 04592964 2025-01-01 2025-12-31 04592964 2023-12-31 04592964 2024-01-01 2024-12-31 04592964 2024-12-31 04592964 ns15:EnglandWales 2025-01-01 2025-12-31 04592964 ns14:PoundSterling 2025-01-01 2025-12-31 04592964 ns10:Director1 2025-01-01 2025-12-31 04592964 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 04592964 ns10:SmallEntities 2025-01-01 2025-12-31 04592964 ns10:Audited 2025-01-01 2025-12-31 04592964 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 04592964 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 04592964 ns10:FullAccounts 2025-01-01 2025-12-31 04592964 1 2025-01-01 2025-12-31 04592964 ns10:OrdinaryShareClass1 2025-01-01 2025-12-31 04592964 ns10:Director2 2025-01-01 2025-12-31 04592964 ns10:Director3 2025-01-01 2025-12-31 04592964 ns10:Director4 2025-01-01 2025-12-31 04592964 ns10:CompanySecretary1 2025-01-01 2025-12-31 04592964 ns10:RegisteredOffice 2025-01-01 2025-12-31 04592964 ns5:CurrentFinancialInstruments 2025-12-31 04592964 ns5:CurrentFinancialInstruments 2024-12-31 04592964 ns5:ShareCapital 2025-12-31 04592964 ns5:ShareCapital 2024-12-31 04592964 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 04592964 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 04592964 ns5:IntangibleAssetsOtherThanGoodwill 2025-01-01 2025-12-31 04592964 ns5:IntangibleAssetsOtherThanGoodwill 2025-12-31 04592964 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 04592964 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 04592964 ns10:OrdinaryShareClass1 2025-12-31

REGISTERED NUMBER: 04592964 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

KITE ENVIRONMENTAL SOLUTIONS LIMITED

KITE ENVIRONMENTAL SOLUTIONS LIMITED (REGISTERED NUMBER: 04592964) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the year ended 31 December 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| KITE ENVIRONMENTAL SOLUTIONS LIMITED |

COMPANY INFORMATION

for the year ended 31 December 2025

| DIRECTORS: | B.G. McInnes

| M-B. Ashe

| G.J. Ashe

| A.J. Fay

| SECRETARY: | M-B. Ashe

| REGISTERED OFFICE: | Puma Park

| 102-106 Scimitar Way

| Coventry

| CV3 4GB

| REGISTERED NUMBER: | 04592964 (England and Wales)

| AUDITORS: | Dafferns Audit Limited

| Chartered Accountants

| Statutory Auditor

| One Eastwood

| Harry Weston Road

| Binley Business Park

| Coventry

| CV3 2UB

| BANKERS: | Lloyds Bank Plc

| 125 Colmore Row

| Birmingham

| B3 3SD

KITE ENVIRONMENTAL SOLUTIONS LIMITED (REGISTERED NUMBER: 04592964) |

BALANCE SHEET

31 December 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 5 | 82,355 |  | - |  |

CURRENT ASSETS

Debtors | 6 | 9,769,799 |  | 8,934,372 |  |

Cash at bank | 162,932 |  | 21,361 |  |

9,932,731 |  | 8,955,733 |  |

CREDITORS

Amounts falling due within one year | 7 | 9,088,076 |  | 7,846,791 |  |

NET CURRENT ASSETS | 844,655 |  | 1,108,942 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 927,010 |  | 1,108,942 |  |

PROVISIONS FOR LIABILITIES | 18,000 |  | - |  |

NET ASSETS | 909,010 |  | 1,108,942 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 100,000 |  | 100,000 |  |

Retained earnings | 809,010 |  | 1,008,942 |  |

SHAREHOLDERS' FUNDS | 909,010 |  | 1,108,942 |  |

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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 May 2026 and were signed on its behalf by:

M-B. Ashe - Director

KITE ENVIRONMENTAL SOLUTIONS LIMITED (REGISTERED NUMBER: 04592964) |

NOTES TO THE FINANCIAL STATEMENTS

for the year ended 31 December 2025

1. | STATUTORY INFORMATION

| Kite Environmental Solutions 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 (£).

2. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| 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.

| Turnover reflects revenue from the rendering of services and is recognised in the period in which services are delivered.

| Intangible assets

| Intangible fixed assets are recognised at cost and subsequently measured under the historical cost model less accumulated amortisation and any accumulated impairment losses.

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

| Computer software |  | - 20% on cost |

| Any gains and losses on the disposal of intangible fixed assets are recognised in the statement of comprehensive income in the year that the disposal takes place.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

KITE ENVIRONMENTAL SOLUTIONS LIMITED (REGISTERED NUMBER: 04592964) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 December 2025

3. | ACCOUNTING POLICIES - continued

| 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 year 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.

| 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.

| Debtors and creditors

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction value. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 9 (2024 - 9 ) .

5. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| Additions | 91,834 |  |

| At 31 December 2025 | 91,834 |  |

| AMORTISATION

| Charge for year | 9,479 |  |

| At 31 December 2025 | 9,479 |  |

| NET BOOK VALUE

| At 31 December 2025 | 82,355 |  |

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

2025 | 2024 |

£ | £ |

| Trade debtors | 7,840 |  | 28,035 |  |

| Amounts owed by group undertakings | 9,758,827 |  | 8,797,270 |  |

| Prepayments | 3,132 |  | 109,067 |  |

9,769,799 |  | 8,934,372 |  |

KITE ENVIRONMENTAL SOLUTIONS LIMITED (REGISTERED NUMBER: 04592964) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 December 2025

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

2025 | 2024 |

£ | £ |

| Trade creditors | 97,390 |  | 71,999 |  |

| Amounts owed to group undertakings | 8,668,106 |  | 7,461,927 |  |

| Tax | 111,556 |  | 184,433 |  |

| Social security and other taxes | 174,221 |  | 67,993 |  |

| Accruals and deferred income | 36,803 |  | 60,439 |  |

9,088,076 |  | 7,846,791 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100,000 | Ordinary | £1 | 100,000 |  | 100,000 |  |

9. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Geoffrey Cox BA FCA (Senior Statutory Auditor)

| for and on behalf of Dafferns Audit Limited

10. | CAPITAL COMMITMENTS

2025 | 2024 |

£ | £ |

| Contracted but not provided for in the

| financial statements | 2,778 |  | 65,000 |  |

11. | RELATED PARTY DISCLOSURES

| Related party transactions with fellow subsidiaries and holding company have not been disclosed as the company is a wholly-owned subsidiary and is included within the consolidated accounts of the group.

12. | ULTIMATE CONTROLLING PARTY

| The Company is a wholly-owned subsidiary of Kite Packaging Group Limited (KPG) and its ultimate parent company is Kite Packaging Group Holdings Limited (KPGH).

| The registered office and principal place of business of KPG and KPGH is Puma Park, 102-106 Scimitar Way, Coventry, England, UK, CV3 4GB.