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Company No: 03769844 (England and Wales)

# KELLANDS (HALE) LIMITED

### Unaudited Financial Statements
For the financial year ended 31 December 2025
Pages for filing with the registrar

KELLANDS (HALE) LIMITED

## Unaudited Financial Statements

For the financial year ended 31 December 2025

Contents

KELLANDS (HALE) LIMITED

## BALANCE SHEET

As at 31 December 2025
KELLANDS (HALE) LIMITED

## BALANCE SHEET (continued)

As at 31 December 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Intangible assets | 3 | 55,453 |  | 107,650
Tangible assets | 4 | 85,387 |  | 83,110
|  | 140,840 |  | 190,760
Current assets |  |  |  |
Debtors | 5 | 348,619 |  | 627,515
Cash at bank and in hand |  | 215,391 |  | 128,048
|  | 564,010 |  | 755,563
Creditors: amounts falling due within one year | 6 | ( 108,300) |  | ( 143,588)
Net current assets |  | 455,710 |  | 611,975
Total assets less current liabilities |  | 596,550 |  | 802,735
Provision for liabilities |  | ( 248,702) |  | ( 245,579)
Net assets |  | 347,848 |  | 557,156
Capital and reserves |  |  |  |
Called-up share capital |  | 37,632 |  | 37,632
Profit and loss account |  | 310,216 |  | 519,524
Total shareholders' funds |  | 347,848 |  | 557,156

For the financial 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 financial statements for the financial year in accordance with section 476;
- 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; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Kellands (Hale) Limited (registered number: 03769844) were approved and authorised for issue by the Board of Directors on 20 July 2026. They were signed on its behalf by:

G W A Kelland Director |

KELLANDS (HALE) LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025
KELLANDS (HALE) LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Kellands (Hale) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 198 Ashley Road, Hale, Altrincham, WA15 9SN, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services 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.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

##### Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill | 3 years straight line

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements | 10 years straight line
Plant and machinery | 4 years straight line
Fixtures and fittings | 4 years straight line
Office equipment | 15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
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.

##### Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 23 |  | 22

#### 3. Intangible assets

| Goodwill |  | Total
| £ |  | £
Cost |  |  |
At 01 January 2025 | 169,690 |  | 169,690
At 31 December 2025 | 169,690 |  | 169,690
Accumulated amortisation |  |  |
At 01 January 2025 | 62,040 |  | 62,040
Charge for the financial year | 52,197 |  | 52,197
At 31 December 2025 | 114,237 |  | 114,237
Net book value |  |  |
At 31 December 2025 | 55,453 |  | 55,453
At 31 December 2024 | 107,650 |  | 107,650

#### 4. Tangible assets

| Leasehold improve- ments |  | Plant and machinery |  | Fixtures and fittings |  | Office equipment |  | Total
| £ |  | £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |  |  |
At 01 January 2025 | 102,139 |  | 1,603 |  | 0 |  | 204,536 |  | 308,278
Additions | 0 |  | 0 |  | 11,391 |  | 21,759 |  | 33,150
Disposals | 0 |  | 0 |  | 0 |  | ( 117,477) |  | ( 117,477)
At 31 December 2025 | 102,139 |  | 1,603 |  | 11,391 |  | 108,818 |  | 223,951
Accumulated depreciation |  |  |  |  |  |  |  |  |
At 01 January 2025 | 81,466 |  | 1,603 |  | 0 |  | 142,099 |  | 225,168
Charge for the financial year | 10,214 |  | 0 |  | 0 |  | 20,659 |  | 30,873
Disposals | 0 |  | 0 |  | 0 |  | ( 117,477) |  | ( 117,477)
At 31 December 2025 | 91,680 |  | 1,603 |  | 0 |  | 45,281 |  | 138,564
Net book value |  |  |  |  |  |  |  |  |
At 31 December 2025 | 10,459 |  | 0 |  | 11,391 |  | 63,537 |  | 85,387
At 31 December 2024 | 20,673 |  | 0 |  | 0 |  | 62,437 |  | 83,110

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Amounts owed by Group undertakings | 7,200 |  | 5,700
Amounts owed by Parent undertakings | 252,886 |  | 409,861
Prepayments | 56,489 |  | 49,265
Corporation tax | 0 |  | 130,912
Other debtors | 32,044 |  | 31,777
| 348,619 |  | 627,515

Amounts owed by Group undertakings are repayable on demand and do not bear interest.

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 86,011 |  | 65,328
Amounts owed to directors | 8,976 |  | 5,147
Accruals | 6,376 |  | 6,230
Taxation and social security | 33 |  | 60,734
Other creditors | 6,904 |  | 6,149
| 108,300 |  | 143,588

#### 7. Related party transactions

At 1 January 2025 the balance owed from the director was £nil. During the year, the company made advances to directors amounting to £nil and received repayments of £nil leaving a balance due from the directors of £nil.
At 1 January 2024 the balance owed from the director was £nil. During the year, the company made advances to directors amounting to £18,302 and received repayments of £18,302 leaving a balance due from the directors of £nil.
The Directors loan accounts are repayable on demand and interest has been charged on overdrawn balances exceeding £10,000 at the official HMRC rates.

#### 8. Ultimate controlling party

Parent Company:

Kellands (Hale) Holdings Limited
198 Ashley Road, Hale, Altrincham, Cheshire, WA15 9SN

The ultimate controlling party is Mr G W A Kelland