Company registration number 14036596 (England and Wales)
K2 (EYNSHAM) LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
K2 (EYNSHAM) LTD
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 5
K2 (EYNSHAM) LTD
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF K2 (EYNSHAM) LTD FOR THE YEAR ENDED 31 DECEMBER 2025
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of K2 (Eynsham) Ltd for the year ended 31 December 2025 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of K2 (Eynsham) Ltd, as a body, in accordance with the terms of our engagement letter dated 3 December 2024. Our work has been undertaken solely to prepare for your approval the financial statements of K2 (Eynsham) Ltd and state those matters that we have agreed to state to the b oard of d irectors of K2 (Eynsham) Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than K2 (Eynsham) Ltd and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that K2 (Eynsham) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of K2 (Eynsham) Ltd. You consider that K2 (Eynsham) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of K2 (Eynsham) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Carpenter Box
6 July 2026
Chartered Accountants
Amelia House
Crescent Road
Worthing
West Sussex
BN11 1RL
K2 (EYNSHAM) LTD
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,572
5,246
Current assets
Cash at bank and in hand
38,857
30,504
Creditors: amounts falling due within one year
4
(167,281)
(129,745)
Net current liabilities
(128,424)
(99,241)
Net liabilities
(126,852)
(93,995)
Capital and reserves
Called up share capital
5
100
100
Profit and loss reserves
(126,952)
(94,095)
Total equity
(126,852)
(93,995)

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements. true

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

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.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 6 July 2026 and are signed on its behalf by:
Mr B J Kay
Director
Company registration number 14036596 (England and Wales)
K2 (EYNSHAM) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
1
Accounting policies
Company information

K2 (Eynsham) Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Amelia House, Crescent Road, Worthing, West Sussex, BN11 1RL.

1.1
Reporting period

The current period represented a full 12 month period to 31 December 2025. The prior period represented an 8 month period from 1 May 2024 to 31 December 2024. Therefore, the accounts are not entirely comparable.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Going concern

Notwithstanding the net liability position at 31 December 202 true 5, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. This is based on the continued support of the related group companies and other financing arrangements and no adjustment has been made that would result from a withdrawal of their support.

At the time of approving the financial statements, the directors have considered relevant information, including the company’s principal risks and uncertainties, and the impact of subsequent events in making their assessment. Based on these assessments and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements.

1.4
Turnover

Turnover is recognised at the fair value of the consideration receivable for 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.

1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% per annum on a straight line basis
Computers
33.33% per annum on a straight line basis

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.

K2 (EYNSHAM) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

1.10
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.11
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons employed by the company during the year was 2 (2024 - 2).

K2 (EYNSHAM) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 5 -
3
Tangible fixed assets
Fixtures and fittings
Computers
Total
£
£
£
Cost
At 1 January 2025 and 31 December 2025
12,709
1,724
14,433
Depreciation and impairment
At 1 January 2025
8,207
980
9,187
Depreciation charged in the year
3,177
497
3,674
At 31 December 2025
11,384
1,477
12,861
Carrying amount
At 31 December 2025
1,325
247
1,572
At 31 December 2024
4,502
744
5,246
4
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
1,411
71
Amounts owed to group undertakings
147,483
107,381
Taxation and social security
10,294
5,592
Other creditors
8,093
16,701
167,281
129,745
5
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
6
Operating lease commitments
Lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable rental operating leases, as follows:

2025
2024
£
£
10,625
18,125
2025-12-31 2025-01-01 false false false 06 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mrs L Kay Mr B Kay 14036596 2025-01-01 2025-12-31 14036596 2025-12-31 14036596 2024-12-31 14036596 core:FurnitureFittings 2025-12-31 14036596 core:ComputerEquipment 2025-12-31 14036596 core:FurnitureFittings 2024-12-31 14036596 core:ComputerEquipment 2024-12-31 14036596 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 14036596 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 14036596 core:CurrentFinancialInstruments 2025-12-31 14036596 core:CurrentFinancialInstruments 2024-12-31 14036596 core:ShareCapital 2025-12-31 14036596 core:ShareCapital 2024-12-31 14036596 core:RetainedEarningsAccumulatedLosses 2025-12-31 14036596 core:RetainedEarningsAccumulatedLosses 2024-12-31 14036596 core:ShareCapitalOrdinaryShareClass1 2025-12-31 14036596 core:ShareCapitalOrdinaryShareClass1 2024-12-31 14036596 bus:Director2 2025-01-01 2025-12-31 14036596 core:FurnitureFittings 2025-01-01 2025-12-31 14036596 core:ComputerEquipment 2025-01-01 2025-12-31 14036596 2024-05-01 2024-12-31 14036596 core:FurnitureFittings 2024-12-31 14036596 core:ComputerEquipment 2024-12-31 14036596 2024-12-31 14036596 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 14036596 bus:OrdinaryShareClass1 2025-12-31 14036596 bus:OrdinaryShareClass1 2024-12-31 14036596 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 14036596 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 14036596 bus:FRS102 2025-01-01 2025-12-31 14036596 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 14036596 bus:Director1 2025-01-01 2025-12-31 14036596 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP