REGISTERED NUMBER: 09452265 (England and Wales)

KEL-MAR LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs K L Hawthorne-Welland

M P Welland

SECRETARY:

M P Welland

REGISTERED OFFICE:

Visionary House

Unit 11 Sweetlake Business Village

Mercian Close

Shrewsbury

Shropshire

SY3 9EW

REGISTERED NUMBER:

09452265 (England and Wales)

ACCOUNTANTS:

Wallace Crooke

Chartered Accountants

College House

St. Leonards Close

Bridgnorth

Shropshire

WV16 4EJ

FIXED ASSETS

Tangible assets

4

3,502

2,342

Investment property

5

252,872

252,872

256,374

255,214

CURRENT ASSETS

Debtors

6

2,050

2,177

Cash at bank

9,745

3,067

11,795

5,244

CREDITORS

Amounts falling due within one year

7

107,077

109,212

NET CURRENT LIABILITIES

(95,282

)

(103,968

)

TOTAL ASSETS LESS CURRENT LIABILITIES

161,092

151,246

CREDITORS

Amounts falling due after more than one year

8

61,876

74,179

NET ASSETS

99,216

77,067

CAPITAL AND RESERVES

Called up share capital

10

2

2

Retained earnings

99,214

77,065

SHAREHOLDERS' FUNDS

99,216

77,067

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 27 May 2026 and were signed on its behalf by:

Mrs K L Hawthorne-Welland - Director

1.	STATUTORY INFORMATION

Kel-Mar Ltd 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.

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 the cost less estimated residual value of each asset over its estimated useful life.

Fixtures, fittings & equipment

-

20% on 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 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.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

& equipment

£

COST

At 1 February 2025

20,497

Additions

2,035

At 31 January 2026

22,532

DEPRECIATION

At 1 February 2025

18,155

Charge for year

875

At 31 January 2026

19,030

NET BOOK VALUE

At 31 January 2026

3,502

At 31 January 2025

2,342

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

and 31 January 2026

252,872

NET BOOK VALUE

At 31 January 2026

252,872

At 31 January 2025

252,872

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,668

1,811

Other debtors

382

366

2,050

2,177

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

29

29

Amounts owed to participating interests

82,880

84,928

Taxation and social security

7,355

3,984

Other creditors

16,813

20,271

107,077

109,212

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other creditors

61,876

74,179

Amounts falling due in more than five years:

Repayable by instalments

Mortgage loan- over 5 years

16,876

30,179

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Mortgage loan

73,376

85,179

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

2

Ordinary

£1

2

2

11.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party of the company.