Kry Holdings Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 15347869 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Kry Holdings Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr W Jones

Mr R M Thomas

Mr K D Tilston

REGISTERED OFFICE:

Unit 7 Coed Aben Road

Wrexham Industrial Estate

Wrexham

LL13 9UH

REGISTERED NUMBER:

15347869 (England and Wales)

ACCOUNTANTS:

IN Accountancy Limited

2 Station View

Bramhall Moor Lane

Hazel Grove

Stockport

Cheshire

SK7 5ER

FIXED ASSETS

Investments

4

5,542,826

5,536,820

CURRENT ASSETS

Debtors

5

38,603

5,966

Cash at bank

273,204

150,000

311,807

155,966

CREDITORS

Amounts falling due within one year

6

2,805,024

1,836,996

NET CURRENT LIABILITIES

(2,493,217

)

(1,681,030

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,049,609

3,855,790

CREDITORS

Amounts falling due after more than one
year

7

2,989,087

3,855,378

NET ASSETS

60,522

412

CAPITAL AND RESERVES

Called up share capital

6

4

Retained earnings

60,516

408

SHAREHOLDERS' FUNDS

60,522

412

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 August 2026 and were signed on its behalf by:

Mr W Jones - Director

1.	STATUTORY INFORMATION

Kry Holdings 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.

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 £.

Preparation of consolidated financial statements

The financial statements contain information about Kry Holdings Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 3 (2024 - 4 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

5,536,820

Additions

6,006

At 31 December 2025

5,542,826

NET BOOK VALUE

At 31 December 2025

5,542,826

At 31 December 2024

5,536,820

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Amounts owed by group undertakings

34,506

-

Other debtors

4,097

5,966

38,603

5,966

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Bank loans and overdrafts

152,005

Amounts owed to group undertakings

2,214,381

1,589,932

Other creditors

438,638

95,059

2,805,024

1,836,996

There is a fixed and floating charge over the property of the company in favour of Santander Bank. There is also a floating charge in favour of Mr CC and Mrs WL Stockton over the property, relating to the purchase of the shares in the CIG group companies.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

Bank loans

1,203,373

1,355,378

Other creditors

1,785,714

2,500,000

2,989,087

3,855,378

Within creditors is an amount due to Mr CC Stockton and Mrs WL Stockton in respect of the purchase of the shares in Commercial & Industrial Gauges Limited, F. & A. Dunbar Limited, Remac Utility Services Ltd and Vernon Morris Utility Solutions Limited.

There is a floating charge in respect of this creditor, covering all the property or undertakings of the company.

Within creditors is a bank loan with £152,005 due within one year and £1,203,373 due in more than one year.

There is a fixed and floating charge in respect of this creditor, covering all the property or undertaking of the company.

8.	RELATED PARTY DISCLOSURES

All transactions with 100% group companies have been concluded under normal market conditions and accordingly no disclosure of these transactions has been made.

KRY Holdings Ltd is 100% shareholder of:

Commercial & Industrial Gauges Limited

F. & A. Dunbar Limited

Remac Utility Services Ltd

Vernon Morris Utility Solutions Limited

CIG Group Properties Ltd

Within creditors at the year end are the following balances with subsidiaries:

Commercial & Industrial Gauges Limited £2,213,631 (2024 - £1,589,182)

CIG Group Properties Ltd £750 (2024 - £750)

Within debtors at the year end are the following balances with subsidiaries:

Vernon Morris Utility Solutions Limited £34,506 (2024 - £nil)

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by the shareholders.