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Company Registration No. 09866967 (England and Wales)
K&T Holdings Limited Unaudited accounts for the year ended 31 December 2025
K&T Holdings Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
K&T Holdings Limited Company Information for the year ended 31 December 2025
Directors
Terence Trewern Kathleen Trewern Helen Gribble Kevin Trewern Ross Trewern
Company Number
09866967 (England and Wales)
Registered Office
Hunters Lodge Virginstowe Beaworthy Devon EX21 5EA United Kingdom
Accountants
The Fresh Accountancy Company Limited Orchard House Clyst St Mary Exeter Devon EX5 1BR
- 3 -
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of K&T Holdings Limited for the year ended 31 December 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of K&T Holdings Limited for the year ended 31 December 2025 as set out on pages 5 - 8 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 icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
The Fresh Accountancy Company Limited Chartered Accountants Orchard House Clyst St Mary Exeter Devon EX5 1BR 6 August 2026
- 4 -
K&T Holdings Limited Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,520,666
1,520,825
Current assets
Debtors
5
33,989
23,560
Cash at bank and in hand
13,494
12,582
47,483
36,142
Creditors: amounts falling due within one year
6
(141,310)
(165,793)
Net current liabilities
(93,827)
(129,651)
Total assets less current liabilities
1,426,839
1,391,174
Creditors: amounts falling due after more than one year
7
(506,590)
(526,302)
Provisions for liabilities
Deferred tax
(69,098)
(69,098)
Net assets
851,151
795,774
Capital and reserves
Called up share capital
4,999
4,999
Capital redemption reserve
1
1
Profit and loss account
846,151
790,774
Shareholders' funds
851,151
795,774
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 August 2026 and were signed on its behalf by
Terence Trewern Director Company Registration No. 09866967
- 5 -
K&T Holdings Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
K&T Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 09866967. The registered office is Hunters Lodge, Virginstowe, Beaworthy, Devon, EX21 5EA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% RB
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 6 -
K&T Holdings Limited Notes to the Accounts for the year ended 31 December 2025
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 January 2025
1,520,189
1,093
1,521,282
At 31 December 2025
1,520,189
1,093
1,521,282
Depreciation
At 1 January 2025
-
457
457
Charge for the year
-
159
159
At 31 December 2025
-
616
616
Net book value
At 31 December 2025
1,520,189
477
1,520,666
At 31 December 2024
1,520,189
636
1,520,825
The freehold land and building class of fixed assets have been revalued by the director who is not a RICS certified surveyor. The values were obtained by comparing to similar properties currently on the market. The basis of this valuation was to reflect the revised market value of the assets. This class of assets has a current value of £1,520,189 (2024 - £1,520,189) and a carrying amount at historical cost of £1,156,514,(2024- £1,516,514).
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
27,770
20,521
Amounts due from group undertakings etc.
-
1,602
Accrued income and prepayments
1,660
1,437
Other debtors
4,559
-
33,989
23,560
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
33,593
33,593
VAT
5,609
4,596
Trade creditors
1,012
581
Taxes and social security
14,921
11,455
Other creditors
9,191
7,180
Loans from directors
57,101
86,213
Deferred income
19,883
22,175
141,310
165,793
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
396,590
416,302
Other creditors
110,000
110,000
506,590
526,302
- 7 -
K&T Holdings Limited Notes to the Accounts for the year ended 31 December 2025
8
Average number of employees
During the year the average number of employees was 3 (2024: 2).
- 8 -