KDEP HOLDINGS LIMITED


Directors	WARD, Rob Frazer
	WARD, Stephen Christopher
	WARD, Suzanne


Registered Address	Jubilee Court
	Thackley Old Road
	Shipley
	BD18 1QF


Registered Number	08570619 (England and Wales)

Statement of Financial Position
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		1,876,902		1,919,702
Investments	4		10,100		10,100
			1,887,002		1,929,802
Current assets
Debtors	5	2,097		2,569
Cash at bank and on hand		12,414		1,093
		14,511		3,662
Creditors amounts falling due within one year	6	(789,700)		(786,793)
Net current assets (liabilities)			(775,189)		(783,131)
Total assets less current liabilities			1,111,813		1,146,671
Creditors amounts falling due after one year	7		(139,051)		(204,488)
Provisions for liabilities	8		(15,000)		-
Net assets			957,762		942,183
Capital and reserves
Called up share capital			10,000		10,000
Profit and loss account			947,762		932,183
Shareholders' funds			957,762		942,183

The company was entitled to exemption from audit for this reporting period 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 5 June 2026, and are signed on its behalf by:

WARD, Rob Frazer
Director
Registered Company No. 08570619

KDEP HOLDINGS LIMITED

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	The directors believe that the company has adequate resources to continue in operational existence for the foreseeable future. The company continues to have the support of the directors, shareholders and creditors and therefore continue to adopt the going concern basis of accounting in preparing the financial statements.

	Turnover policy
	Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised. Revenue is recognised when rental income is receivable.

Turnover policy

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised.

Revenue is recognised when rental income is receivable.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement. Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement.

Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Land and buildings	50

	Investments
	Investments in subsidiaries are measured at cost less any accumulated impairment losses.

	Finance leases and hire purchase contracts
	Rental income from operating leases is credited to profit or loss on a straight line basis over the lease term.

	Financial instruments
	The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		4

3.	Tangible fixed assets

	Land & buildings	Total
	£	£
Cost or valuation
At 01 January 25	2,239,995	2,239,995
At 31 December 25	2,239,995	2,239,995
Depreciation and impairment
At 01 January 25	320,293	320,293
Charge for year	42,800	42,800
At 31 December 25	363,093	363,093
Net book value
At 31 December 25	1,876,902	1,876,902
At 31 December 24	1,919,702	1,919,702


	Included in freehold property is freehold land of £100,000 (2024 - £100,000) which is not depreciated.

4.	Fixed asset investments

	Investments in groups¹	Total
	£	£
Cost or valuation
At 01 January 25	10,100	10,100
At 31 December 25	10,100	10,100
Net book value
At 31 December 25	10,100	10,100
At 31 December 24	10,100	10,100

	Notes
	¹Investments in group undertakings and participating interests

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	78	-
Prepayments and accrued income	2,019	2,569
Total	2,097	2,569


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	124	-
Bank borrowings and overdrafts	66,676	63,538
Amounts owed to related parties	704,452	704,452
Taxation and social security	18,448	18,803
Total	789,700	786,793


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. The following amounts disclosed under creditors, amounts falling due within one year, are secured by property held by the company: Bank Loans £66,676 (2024 - £63,538)

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

The following amounts disclosed under creditors, amounts falling due within one year, are secured by property held by the company:

Bank Loans £66,676 (2024 - £63,538)

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	139,051	204,488
Total	139,051	204,488


	The following amounts disclosed under creditors, amounts falling due within one year, are secured by property held by the company: Bank Loans £139,050 (2024 - £204,488)

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	15,000	-
Total	15,000	-

9.	Related party transactions
	The company has taken advantage of the exemption contained in Section 33 of FRS 102 "Related Party Disclosures" from disclosing transactions with entities which are part of the group, since 100% of the voting rights in the company are controlled within the group.

10.	Parent-subsidiary relationships
	The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are consolidated eligible for the exemption to prepare consolidated accounts.