01/01/2025 31/12/2025 31/12/2025 false Taxpad 26.923.1237.24 SC2681492024-12-31 SC2681492025-12-31 SC268149business:SmallEntities2025-01-012025-12-31 SC268149business:FullAccounts2025-01-012025-12-31 SC2681492025-01-012025-12-31 SC268149business:PrivateLimitedCompanyLtd2025-01-012025-12-31 SC268149countries:Scotland2025-01-012025-12-31 SC268149business:Director12025-01-012025-12-31 SC268149business:Director22025-01-012025-12-31 SC268149business:RegisteredOffice2025-01-012025-12-31 SC268149core:WithinOneYear2025-12-31 SC268149core:WithinOneYear2024-12-31 SC268149core:ShareCapital2025-12-31 SC268149core:ShareCapital2024-12-31 SC268149core:RetainedEarningsAccumulatedLosses2025-12-31 SC268149core:RetainedEarningsAccumulatedLosses2024-12-31 SC268149business:AuditExemptWithAccountantsReport2025-01-012025-12-31 SC268149core:PlantMachinery2025-01-012025-12-31 SC268149core:MotorVehicles2025-01-012025-12-31 SC2681492024-01-012024-12-31 SC268149core:PlantMachinery2024-12-31 SC268149core:MotorVehicles2024-12-31 SC268149core:PlantMachinery2025-12-31 SC268149core:MotorVehicles2025-12-31 iso4217:GBP xbrli:pure
Company registration number: SC268149 (Scotland)
 
Kellys Welders & Blacksmiths Ltd Unaudited financial statements For the year ended 31 December 2025
Kellys Welders & Blacksmiths LtdCompany No. SC268149
Unaudited financial statements for the year ended 31 December 2025
 
CONTENTS
 
Company information3
Directors' report4
Accountants' report?
Balance sheet5
Notes6
Kellys Welders & Blacksmiths LtdCompany No. SC268149
Company information for the year ended 31 December 2025
 
DirectorsJames Kelly Neil Kelly
 
Company numberSC268149 (Scotland)
 
Registered officeUnit 5a Thistle Industrial Estate, Church Street Cowdenbeath KY4 8LP
 
AccountantFraser + Accountants
3 Barossa Place Perth PH1 5HG
Kellys Welders & Blacksmiths LtdCompany No. SC268149
Directors' Report for the year ended 31 December 2025
 
The directors present their report and the financial statements for the year ended 31 December 2025.
 
Principal Activity
 
The principal activity of the company during the year was
 
Directors
 
James Kelly Neil Kelly
 
Statement of directors' responsibilities
 
The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations. Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to: • select suitable accounting policies and then apply them consistently; • make judgements and estimates that are reasonable and prudent; • prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
 
Signed on behalf of the board of directors
 
_________________________________________________________
 
Neil Kelly
Director
 
Approved by the board on 10 September 2026
Kellys Welders & Blacksmiths LtdCompany No. SC268149
Balance sheet as at 31 December 2025
20252024
Note££
Fixed assets
Tangible assets394,59693,183
94,59693,183
Current assets
Stocks88,23694,636
Debtors4285,779388,024
Cash at bank and in hand325,711227,193
699,726709,853
Creditors: amounts falling due within one year5(130,376)(128,524)
Net current assets569,350581,329
Total assets less current liabilities663,946674,512
Net assets663,946674,512
Capital and reserves
Called up share capital11
Profit and loss account663,945674,511
Shareholders' funds663,946674,512
 
For the 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.
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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
 
These accounts were approved by the board of directors on 10 September 2026 and were signed on its behalf by: __________________________________________________ Neil Kelly
Kellys Welders & Blacksmiths LtdCompany No. SC268149
Notes to the accounts
 
1 Accounting policies
 
1.1 Tangible fixed assets
 
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Depreciation is provided to write down the cost of tangible fixed assets, on a straight line basis, to their residual values over their estimated useful lives as follows:  
Plant and machinery20% straight-line
Motor vehicles20% straight-line
 
2 Average number of employees
 
The average number of employees during the year was: 16 (2024: 16).
 
3 Tangible Assets
 
Plant and machineryMotor vehiclesTotal
£££
Cost
As at 1 January 202580,269206,270286,539
Additions4,54531,07835,623
Disposals-(14,695)(14,695)
As at 31 December 202584,814222,653307,467
Depreciation
As at 1 January 202571,995121,361193,356
Charged in year2,29931,91134,210
Disposals-(14,695)(14,695)
As at 31 December 202574,294138,577212,871
Net book value
As at 31 December 202510,52084,07694,596
As at 1 January 20258,27484,90993,183
 
4 Debtors
20252024
££
Trade debtors279,754383,277
Accrued income and prepayments6,0254,747
285,779388,024
 
5 Creditors: amounts falling due within one year
20252024
££
Trade creditors6832,515
VAT payable65,41579,286
Corporation Tax payable5,04830,951
Other taxes and social security payable46,64210,229
Other creditors7,395740
Accruals and deferred income5,1934,803
130,376128,524