Kelpi Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10331745

Kelpi Limited

Filleted Unaudited Financial Statements

31 August 2025

Kelpi Limited

Statement of Financial Position

31 August 2025

	2025		2024
	£	£	£	£
Fixed assets		1		1
		----		----

Current assets	1,441,931		1,433,639
Prepayments and accrued income	2,625		–
	-------------		-------------
		1,444,556		1,433,639

Creditors: amounts falling due within one year	1,517,445	1,458,006
	-------------	-------------
Net current liabilities	72,889	24,367
	---------	---------
Total assets less current liabilities	( 72,888)	( 24,366)

Creditors: amounts falling due after more than one year		–		9,209

Accruals and deferred income	2,027	1,820
	---------	---------
	(74,915)	(35,395)
	---------	---------

Capital and reserves	( 74,915)	( 35,395)
	---------	---------

Notes to the financial statements

1. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

2. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Mr P Leonard	517,545	27,321	( 13,450)	531,416
Mrs K Leonard	517,545	27,320	( 13,450)	531,415
	-------------	---------	---------	-------------
	1,035,090	54,641	( 26,900)	1,062,831
	-------------	---------	---------	-------------

	2024
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Mr P Leonard	137,916	401,272	( 21,643)	517,545
Mrs K Leonard	137,916	401,272	( 21,643)	517,545
	----------	----------	---------	-------------
	275,832	802,544	( 43,286)	1,035,090
	----------	----------	---------	-------------

Interest has been charged on the loans at a rate of 2.25% to March 2025 and at 3.75% thereafter. The loans are repayable on demand.

3. Going concern

The financial statements have been prepared on a going concern basis which assumes the continued support of the directors.

For the year ending 31st August 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 year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements were approved by the board of directors and authorised for issue on 26 August 2026 , and are signed on behalf of the board by:

Mr P Leonard

Director

Company registration number: 10331745

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Emstrey House North, Shrewsbury Business Park, Shrewsbury, Shropshire, SY2 6LG.