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Kettleby Developments Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2026
Hornsby Accounts Ltd
Office Suite
6a Market Place
Brigg
North Lincolnshire
DN20 8HA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12196686
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 385,000 385,000
385,000 385,000
CURRENT ASSETS
Debtors 5 857 1,564
Cash at bank and in hand 2,018 1,866
2,875 3,430
Creditors: Amounts Falling Due Within One Year 6 (468,955 ) (471,197 )
NET CURRENT ASSETS (LIABILITIES) (466,080 ) (467,767 )
TOTAL ASSETS LESS CURRENT LIABILITIES (81,080 ) (82,767 )
NET LIABILITIES (81,080 ) (82,767 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Revaluation reserve 8 60,000 60,000
Profit and Loss Account (141,180 ) (142,867 )
SHAREHOLDERS' FUNDS (81,080) (82,767)
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For the year ending 30 September 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr Andrew Grimley
Director
3rd November 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Kettleby Developments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12196686 . The registered office is Kettleby House, Kettleby, Brigg, North Lincolnshire, DN20 9HG.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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:
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2025: 1)
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4. Tangible Assets
Investment Properties
£
Cost or Valuation
As at 1 October 2025 385,000
As at 30 September 2026 385,000
Net Book Value
As at 30 September 2026 385,000
As at 1 October 2025 385,000
Cost or valuation as at 30 September 2026 represented by: Property becoming rental property
Investment Properties
£
At cost 385,000
385,000
5. Debtors
2026 2025
£ £
Due within one year
Other taxes and social security - 707
Directors' loan accounts 857 857
857 1,564
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors (1 ) 680
Other loans 212,169 212,169
Accruals and deferred income 2,139 1,661
Directors' loan accounts 254,648 256,687
468,955 471,197
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7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
8. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 October 2025 60,000 (142,867 )
Profit for the year and total comprehensive income - 1,687
As at 30 September 2026 60,000 (141,180 )
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