Kereds Construction Limited Accounts






Kereds Construction Limited

	Company No. 09633641
		Information for Filing with The Registrar
		30 April 2026

at	30 April 2026
Company No.		09633641	Notes	2026	2025
				£	£
Fixed assets
	Intangible assets		5	2,950	-
	Tangible assets		6	22,622	27,260


				25,572	27,260
Current assets

	Debtors		7	409,342	357,869
	Investments		8	41,271	-
	Cash at bank and in hand			82,443	182,442
				533,056	540,311
Creditors: Amount falling due within one year			9	(94,919)	(122,281)
Net current assets				438,137	418,030
Total assets less current liabilities				463,709	445,290
Creditors: Amounts falling due after more than one year			10	(4,928)	(8,653)
Provisions for liabilities
	Deferred taxation		11	(5,656)	(6,815)

Net assets				453,125	429,822

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		13	453,025	429,722

Total equity				453,125	429,822



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the period ended 30 April 2026 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 09 September 2026 and signed on its behalf by:
A.D. Jones
Director
09 September 2026

for the period ended 30 April 2026

General information

Kereds Construction Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 09633641

Its registered office is:

64 Lloyd Road

Taverham

Norwich

Norfolk

NR8 6LL

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Revenue recognition

Revenue comprises the value of construction work performed during the year, excluding VAT. Revenue from construction contracts is recognised over time as the work is carried out, measured by reference to the stage of completion at the reporting date. Contract income includes variations and claims where recovery is considered probable and can be measured reliably.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Plant and machinery

25% Reducing balance

Motor vehicles

25% Reducing balance

Furniture, fittings and equipment

25% Reducing balance

Leased assets

Assets acquired under hire purchase agreements are recognised as property, plant and equipment when the Company obtains the right to use the asset. The asset is initially recognised at the lower of its fair value and the present value of the minimum lease payments, with a corresponding liability recognised within creditors.
The asset is depreciated over its expected useful economic life in accordance with the Company's depreciation policy. Lease payments are apportioned between a reduction in the outstanding liability and a finance charge, which is recognised in the profit and loss account over the term of the agreement using the effective interest method.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Investments

Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3	Employees
			2026	2025
			Number	Number
		The average monthly number of employees (including directors) during the period:	2	2

4	Taxation
		(a) Tax on profit on ordinary activities	2026	2025
		The tax charge is made up as follows:	£	£
		UK corporation tax
		Charge for the period	42,372	71,952

		Total corporation tax	42,372	71,952

		Origination and reversal of timing differences	(1,159)	(1,485)

		Total deferred tax	(1,159)	(1,485)

		Tax on profit on ordinary activities	41,213	70,467

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Higher	2026	2025
		84	£	£
		Profit on ordinary activities before tax	164,516	281,468

		Standard rate of corporation tax in the United Kingdom	25%	25%

		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	41,129	70,367
		Expenses not deductible for tax purposes	1,243	1,585



		Deferred taxation	(1,159)	(1,485)
		Tax on profit on ordinary activities	41,213	70,467

5	Intangible fixed assets
			Goodwill	Develop-ment costs	Total
			£	£	£
		Cost
		At 1 June 2025	11,000	-	11,000
		Additions	-	3,000	3,000

		At 30 April 2026	11,000	3,000	14,000
		Amortisation and impairment
		At 1 June 2025	11,000	-	11,000
		Charge for the year	-	50	50


		At 30 April 2026	11,000	50	11,050
		Net book values
		At 30 April 2026	-	2,950	2,950
		At 31 May 2025	-	-	-

6	Tangible fixed assets
			Plant and machinery	Motor vehicles	Fixtures, fittings and equipment	Total
			£	£	£	£
		Cost or revaluation
		At 1 June 2025	5,494	47,095	1,928	54,517
		Additions	1,478	-	910	2,388



		At 30 April 2026	6,972	47,095	2,838	56,905
		Depreciation
		At 1 June 2025	2,215	24,495	547	27,257
		Charge for the year	1,031	5,650	345	7,026



		At 30 April 2026	3,246	30,145	892	34,283
		Net book values
		At 30 April 2026	3,726	16,950	1,946	22,622
		At 31 May 2025	3,279	22,600	1,381	27,260

7	Debtors
			2026	2025
			£	£
		Trade debtors	39,192	78,549




		Loans to directors	1,062	4,915
		Other debtors	365,956	273,146
		Prepayments and accrued income	3,132	1,259
			409,342	357,869

8	Current asset investments
			2026	2025
			£	£
		Listed investments	41,271	-

			41,271	-

9	Creditors:
		amounts falling due within one year
			2026	2025
			£	£

		Bank loans and overdrafts	634	235

		Obligations under finance lease and hire purchase contracts	4,063	4,063
		Trade creditors	21,496	25,036

		Taxes and social security	57,334	91,947

		Other creditors	10,142	-
		Accruals and deferred income	1,250	1,000
			94,919	122,281

10	Creditors:
		amounts falling due after more than one year
			2026	2025
			£	£



		Obligations under finance lease and hire purchase contracts	4,928	8,653




			4,928	8,653

11	Deferred taxation
			Accelerated Capital Allowances, Losses and Other Timing Differences	Total
			£	£
		At 1 June 2025	6,815	6,815
		Charge to the profit and loss account for the period	(1,159)	(1,159)

		At 30 April 2026	5,656	5,656


			2026	2025
			£	£
		Accelerated capital allowances	5,656	6,815



			5,656	6,815

Share Capital

The company has 100 £1.00 A Ordinary shares in issue, all of which are fully paid up at par.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

14	Dividends
			2026	2025
			£	£
		Dividends for the period:
		Dividends paid in the period	100,000	96,000

			100,000	96,000

		Dividends by type:

		Equity dividends	100,000	96,000
			100,000	96,000