K/S Hollybank Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 15565459

K/S Hollybank Ltd

Filleted Unaudited Abridged Financial Statements

31 December 2025

K/S Hollybank Ltd

Abridged Financial Statements

Year Ended 31 December 2025

Contents	Page

Abridged statement of financial position	1

Notes to the abridged financial statements	3

K/S Hollybank Ltd

Abridged Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed Assets

Investments	5		1,250,000	1,250,000

Current Assets

Debtors	4,724		25,000

Creditors: amounts falling due within one year	1,209,028		1,075,600
	------------		------------
Net Current Liabilities		1,204,304	1,050,600
		------------	------------
Total Assets Less Current Liabilities		45,696	199,400

Provisions	11,424	49,850
	--------	---------
Net Assets	34,272	149,550
	--------	---------

Capital and Reserves

Called up share capital	6	1	1
Profit and loss account	7	34,271	149,549
		--------	---------
Shareholders Funds		34,272	149,550
		--------	---------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.

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

Directors' responsibilities:

- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the year ending 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

K/S Hollybank Ltd

Abridged Statement of Financial Position (continued)

31 December 2025

These abridged financial statements were approved by the board of directors and authorised for issue on 9 July 2026 , and are signed on behalf of the board by:

Mr P C M Hansen

Director

Company registration number: 15565459

K/S Hollybank Ltd

Notes to the Abridged Financial Statements

Year Ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Us15 Armstrong House, First Avenue, Doncaster Finningley Airport, Doncaster, DN9 3GA.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of investment property measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Rental income represents the rents due for the year under operating leases all of which relate to properties in the United Kingdom.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

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

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Investments

	Investment property
	£
Cost
At 1 January 2025	1,250,000
Additions	92,449
Revaluations	( 92,449)
	------------
At 31 December 2025	1,250,000
	------------
Impairment
At 1 January 2025 and 31 December 2025	–
	------------

Carrying amount
At 31 December 2025	1,250,000
	------------
At 31 December 2024	1,250,000
	------------

The last external valuation was carried out by professional valuers and members of RICS, Knight Frank on 11 December 2024.

The directors have assessed the valuation at 31 December 2025 and consider the valuation to be adequate at the year end date and that any variation would be immaterial.

6. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	1	1	1	1
	----	----	----	----

7. Reserves

Profit and loss account Both previous UK GAAP and FRS 102 require investment properties to be stated in the accounts at their current market value, with no annual depreciation charge. However, while previous UK GAAP stipulated that the surplus on revaluation of the property should be held in the revaluation reserve, which is an unrealised surplus that does not form part of the company's distributable reserve. FRS 102 requires that these surpluses, although still not distributable, be charged through the Profit and Loss Account. Consequently, the Profit and Loss Account reserve at 31 December 2025 includes a non-distributable amount of £117,226 (2024: £186,562).

8. Related party transactions

As at 31 December 2025, the company owed £1,205,872 (2024: £1,070,773) to its parent company, Investeringsselskabet AF 2. December 2006 Aps. This balance represents an unsecured loan that is repayable on demand. Interest is charged on the outstanding balance at a commercial rate of 11% per annum (2024: 7% per annum), which reflects market terms for a facility of this nature. During the year, total interest charged by the parent company amounted to £120,082 (2024: £43,024).

9. Controlling party

The directors consider the ultimate controlling party to be Investeringsselskabet AF 2. December 2006 Aps, a company incorporated in Denmark.