Kwh (Hull) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 10015769

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	11,274,690		11,097,119
Debtors	5	40,210		17,072
Cash at bank and in hand		1,757		185

		11,316,657		11,114,376
Creditors: Amounts Falling Due Within One Year	6	(471,695 )		(226,645 )

NET CURRENT ASSETS (LIABILITIES)			10,844,962		10,887,731

TOTAL ASSETS LESS CURRENT LIABILITIES			10,844,962		10,887,731

Creditors: Amounts Falling Due After More Than One Year	7		(10,863,829 )		(10,363,992 )

NET (LIABILITIES)/ASSETS			(18,867 )		523,739

CAPITAL AND RESERVES
Called up share capital	9		300		300
Profit and Loss Account			(19,167 )		523,439

SHAREHOLDERS' FUNDS			(18,867)		523,739

Page 1

Page 2

Kwh (Hull) Limited

Balance Sheet (continued)

As At 30 September 2025

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Shaun Larvin

Director

14 August 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Kwh (Hull) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10015769 . The registered office is Toll Bar House, 2 Cave Road, Brough, East Yorkshire, HU15 1HB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover represents rents received from properties under development. The properties are currently held in stock.

2.3. Stocks and Work in Progress

Stock represents freehold property and associated construction and development costs where the property is still a work in progress.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Stocks

	2025	2024
	£	£
Work in progress	11,274,690	11,097,119

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	26,160	17,072
Prepayments and accrued income	13,750	-
Other debtors	300	-

	40,210	17,072

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Kwh (Hull) Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	96,521	173,553
Bank loans and overdrafts	10,000	10,000
VAT	16,541	17,909
Accruals and deferred income	26,263	25,183
Director's loan account	322,370	-

	471,695	226,645

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	8,423,566	8,161,783
Other creditors	600,000	2,202,209
Accruals and deferred income	1,532,763	-
Amounts owed to related parties	307,500	-

	10,863,829	10,363,992

8. Secured Creditors

Of the creditors the following amounts are secured.

	2025		2024
	£		£
Bank loans and overdrafts	8,421,063		8,149,283

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	300	300

10. Related Party Transactions

The company made loan repayments totalling £19,000 to SL2 Prop Co Ltd, a company in which Mr S Larvin is both a director and shareholder, leaving a total outstanding balance of £272,500 (2024: £291,500) at the year end.

The company received loan advancements totalling £35,000 from Urbanwave Developments Ltd, a company in which Mr S Larvin is a director, leaving a total outstanding balance of £35,000 (2024: Nil) at the year end.

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