REGISTERED NUMBER: SC244521 (Scotland)

Unaudited Financial Statements for the Year Ended 31st March 2026

for

Kendall Residential Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D J Kendall

Mrs B Kendall

REGISTERED OFFICE:

1 Campbell Lane

Hamilton

ML3 6DB

REGISTERED NUMBER:

SC244521 (Scotland)

ACCOUNTANTS:

Smith Inglis & Tait

1 Campbell Lane

Hamilton

ML3 6DB

FIXED ASSETS

Property, plant and equipment

4

4,791

5,988

Investment property

5

3,140,000

2,990,000

3,144,791

2,995,988

CURRENT ASSETS

Debtors

6

156,500

102,500

Cash at bank and in hand

12,470

21,965

168,970

124,465

CREDITORS

Amounts falling due within one year

7

89,858

84,207

NET CURRENT ASSETS

79,112

40,258

TOTAL ASSETS LESS CURRENT LIABILITIES

3,223,903

3,036,246

CREDITORS

Amounts falling due after more than one year

8

(2,025,762

)

(2,025,762

)

PROVISIONS FOR LIABILITIES

9

(239,506

)

(202,006

)

NET ASSETS

958,635

808,478

CAPITAL AND RESERVES

Called up share capital

6

6

Revaluation reserve

10

958,025

808,025

Retained earnings

604

447

SHAREHOLDERS' FUNDS

958,635

808,478

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th June 2026 and were signed on its behalf by:

D J Kendall - Director

1.	STATUTORY INFORMATION

Kendall Residential Ltd. is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

Turnover

Revenue 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.

Computer Equipment 33.33 % Straight Line

Fixtures & Fittings 15.00 % Reducing Balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 and deferred 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1st April 2025

and 31st March 2026

93,940

DEPRECIATION

At 1st April 2025

87,952

Charge for year

1,197

At 31st March 2026

89,149

NET BOOK VALUE

At 31st March 2026

4,791

At 31st March 2025

5,988

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2025

2,990,000

Revaluations

150,000

At 31st March 2026

3,140,000

NET BOOK VALUE

At 31st March 2026

3,140,000

At 31st March 2025

2,990,000

Fair value at 31st March 2026 is represented by:

£

Valuation in 2008

123,425

Valuation in 2010

(62,000

)

Valuation in 2016

(87,000

)

Valuation in 2017

20,000

Valuation in 2018

25,000

Valuation in 2020

5,000

Valuation in 2021

66,600

Valuation in 2022

307,000

Valuation in 2023

10,000

Valuation in 2024

20,000

Cost

2,181,975

2,610,000

6.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other debtors

156,500

102,500

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

64,413

64,413

Trade creditors

-

1

Taxation and social security

20,015

14,846

Other creditors

5,430

4,947

89,858

84,207

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

2,025,762

2,025,762

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

Other timing differences

239,506

202,006

Deferred

tax

£

Balance at 1st April 2025

202,006

Provided during year

37,500

Balance at 31st March 2026

239,506

10.

RESERVES

Revaluation

reserve

£

At 1st April 2025

808,025

Revaluation

150,000

At 31st March 2026

958,025

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st March 2026 and 31st March 2025:

2026

2025

£

£

D J Kendall and Mrs B Kendall

Balance outstanding at start of year

102,500

62,000

Amounts advanced

54,000

40,500

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

156,500

102,500