KFE Holdings Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. General Information

KFE Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09556245 . The registered office is Units A & B Bentley Business Park, Northfields Industrial Estate, Market Deeping, Peterborough, Lincolnshire, PE6 8LD.

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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

50 years straight line

2.4. Investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.5. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts are showin within borrowings in current liabilities.

2.6. Financial Instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” and Section 12 “Other Financial Instruments Issues” of FRS 102 in full.

Basic financial assets, including trade and other debtors, cash and bank balances, and investments in ordinary shares that are not publicly traded, are initially recognised at transaction price unless the arrangement constitutes a financing transaction. Such assets are subsequently carried at amortised cost using the effective interest method, less impairment where applicable.

Basic financial liabilities, including trade and other creditors, bank loans, director loans, and amounts owed to group undertakings, are initially recognised at transaction price unless the arrangement constitutes a financing transaction. Debt instruments are subsequently measured at amortised cost using the effective interest method.

Financial assets are derecognised when the contractual rights to the cash flows expire or are settled. Financial liabilities are derecognised when the obligation is discharged, cancelled, or expires.

Impairment losses are recognised where there is objective evidence that a financial asset is impaired.

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KFE Holdings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.7. 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 statement of comprehensive income 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 timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing 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. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related 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.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.9. Debtors

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, less any impairment losses for bad and doubtful debts.

2.9. Creditors

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

2.10. Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.11. Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2.12. Interest income

Interest income is recognised in the profit and loss using the effective interest method.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

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KFE Holdings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Tangible assets

	Land & Property
	Freehold
	£
Cost
As at 1 January 2025	544,636

As at 31 December 2025	544,636

Depreciation
As at 1 January 2025	76,251
Provided during the period	10,893

As at 31 December 2025	87,144

Net Book Value
As at 31 December 2025	457,492

As at 1 January 2025	468,385

5. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 January 2025	150

As at 31 December 2025	150

Provision
As at 1 January 2025	-

As at 31 December 2025	-

Net Book Value
As at 31 December 2025	150

As at 1 January 2025	150

The company owns 75% of the shares in KEE Limited.

6. Debtors

	2025	2024
	£	£
Due within one year
Amounts owed by group undertakings	79,374	24,960
Other debtors	37,175	25,162

	116,549	50,122
Due after more than one year
Other debtors	36,637	44,650

	153,186	94,772

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KFE Holdings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	39,325	36,995
Other creditors	4,189	15,458
Taxation and social security	132,443	116,354

	175,957	168,807

Bank loans disclosed under creditors falling due within one year totalling £39,325 (2024: £36,995) are secured by the Company by a floating charge over the assets of the Company.

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

	2025	2024
	£	£
Bank loans	61,617	103,271

Bank loans disclosed under creditors falling due in more than one year totalling £61,617 (2024: £103,271) are secured by the Company by a floating charge over the assets of the Company.

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	150	150

10. Pension Commitments

The Company contributes to a defined contribution scheme for the directors and employees. Contributions totalling £510 (2024: £435) were outstanding at the year end and this balance is included within other creditors.

11. Directors Advances, Credits and Guarantees

During the year the company loaned monies to a director. £8,833 (2024: £8,833) was repaid in the year. The balance owing at the year end totals £44,650 (2024: £52,505 ) which is shown within other debtors. Interest of £978 has been charged on the loan (2024: £1,134).

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible assets	4		457,492		468,385
Investments	5		150		150

			457,642		468,535
CURRENT ASSETS
Debtors	6	153,186		94,772
Cash at bank and in hand		47,130		36,628

		200,316		131,400
Creditors: Amounts Falling Due Within One Year	7	(175,957 )		(168,807 )

NET CURRENT ASSETS (LIABILITIES)			24,359		(37,407 )

TOTAL ASSETS LESS CURRENT LIABILITIES			482,001		431,128

Creditors: Amounts Falling Due After More Than One Year	8		(61,617 )		(103,271 )

NET ASSETS			420,384		327,857

CAPITAL AND RESERVES
Called up share capital	9		150		150
Profit and Loss Account			420,234		327,707

SHAREHOLDERS' FUNDS			420,384		327,857