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REGISTERED NUMBER: 05517199 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

KELGRAY HOLDINGS LIMITED
KELGRAY HOLDINGS LIMITED (REGISTERED NUMBER: 05517199)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KELGRAY HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2026







DIRECTORS: T Smith
K Smith
D W Smith
D J Smith
A R Smith





REGISTERED OFFICE: Kelgray House, Spindle Way
Crawley
West Sussex
RH10 1TH





REGISTERED NUMBER: 05517199 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Horsham) Limited
Ridgeland House
15 Carfax
Horsham
West Sussex
RH12 1ER
Page 1
KELGRAY HOLDINGS LIMITED (REGISTERED NUMBER: 05517199)

BALANCE SHEET
31 MARCH 2026

2026 2025
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 1,870,000
Investments 5 1,000,001 1,000,000
Investment property 6 1,870,000 -
2,870,001 2,870,000

CURRENT ASSETS
Debtors 7 203 8,963
Investments 8 430,000 715,721
Cash at bank 533,720 269,196
963,923 993,880
CREDITORS
Amounts falling due within one year 9 391,112 365,712
NET CURRENT ASSETS 572,811 628,168
TOTAL ASSETS LESS CURRENT
LIABILITIES
3,442,812
3,498,168

PROVISIONS FOR LIABILITIES 184,500 184,500
NET ASSETS 3,258,312 3,313,668

CAPITAL AND RESERVES
Called up share capital 1,500,000 1,500,000
Fair value reserve 885,500 885,500
Retained earnings 872,812 928,168
3,258,312 3,313,668

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 November 2026 and were signed on its behalf by:



T Smith - Director


The notes form part of these financial statements

Page 2
KELGRAY HOLDINGS LIMITED (REGISTERED NUMBER: 05517199)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026


1. STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about Kelgray Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES

The average number of employees during the year was NIL (2025 - NIL).

Page 3 continued...
KELGRAY HOLDINGS LIMITED (REGISTERED NUMBER: 05517199)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2026


4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 April 2025 1,870,000
Reclassification/transfer (1,870,000 )
At 31 March 2026 -
NET BOOK VALUE
At 31 March 2026 -
At 31 March 2025 1,870,000

5. FIXED ASSET INVESTMENTS
Share in
grp
undertaking
£   
COST
At 1 April 2025 1,000,000
Additions 1
At 31 March 2026 1,000,001
NET BOOK VALUE
At 31 March 2026 1,000,001
At 31 March 2025 1,000,000

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Reclassification/transfer 1,870,000
At 31 March 2026 1,870,000
NET BOOK VALUE
At 31 March 2026 1,870,000

Fair value at 31 March 2026 is represented by:
£   
Valuation in 2007 275,499
Valuation in 2022 794,501
Cost 800,000
1,870,000

If investment property had not been revalued it would have been included at the following historical cost:

2026 2025
£    £   
Cost 800,000 800,000

Investment property was valued on an open market basis on 31 March 2026 by the directors .

Page 4 continued...
KELGRAY HOLDINGS LIMITED (REGISTERED NUMBER: 05517199)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2026


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2026 2025
£    £   
Other debtors 203 8,963

8. CURRENT ASSET INVESTMENTS
2026 2025
£    £   
Bank term deposits 430,000 715,721

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2026 2025
£    £   
Trade creditors 1,080 -
Amounts owed to group undertakings 359,934 347,504
Taxation and social security 27,068 7,829
Other creditors 3,030 10,379
391,112 365,712

Page 5