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REGISTERED NUMBER: 08397927 (England and Wales)









Unaudited Financial Statements

for the Year Ended 28 February 2018

for

KINGFISHER PROPERTIES ( HERTS) LTD

KINGFISHER PROPERTIES ( HERTS) LTD (REGISTERED NUMBER: 08397927)






Contents of the Financial Statements
for the Year Ended 28 February 2018




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


KINGFISHER PROPERTIES ( HERTS) LTD

Company Information
for the Year Ended 28 February 2018







DIRECTOR: Mr Owen Glyn Davies





SECRETARY: Mrs Michele Ann Davies





REGISTERED OFFICE: 4 Hoddesdon Road
Stanstead Abbotts
Ware
Hertfordshire
SG12 8EQ





REGISTERED NUMBER: 08397927 (England and Wales)





ACCOUNTANTS: Leggate Associates Limited
Chartered Accountants
Bencroft
Dassels
Braughing
Ware
Hertfordshire
SG11 2RW

KINGFISHER PROPERTIES ( HERTS) LTD (REGISTERED NUMBER: 08397927)

Statement of Financial Position
28 February 2018

28.2.18 28.2.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 378,619 388,719

CURRENT ASSETS
Debtors 5 139 139
Cash at bank 5,845 188
5,984 327
CREDITORS
Amounts falling due within one year 6 101,961 95,333
NET CURRENT LIABILITIES (95,977 ) (95,006 )
TOTAL ASSETS LESS CURRENT LIABILITIES 282,642 293,713

CREDITORS
Amounts falling due after more than one
year

7

(245,357

)

(265,069

)

PROVISIONS FOR LIABILITIES (9,595 ) (12,120 )
NET ASSETS 27,690 16,524

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 27,590 16,424
SHAREHOLDERS' FUNDS 27,690 16,524

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

KINGFISHER PROPERTIES ( HERTS) LTD (REGISTERED NUMBER: 08397927)

Statement of Financial Position - continued
28 February 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the director on 30 August 2018 and were signed by:





Mr Owen Glyn Davies - Director


KINGFISHER PROPERTIES ( HERTS) LTD (REGISTERED NUMBER: 08397927)

Notes to the Financial Statements
for the Year Ended 28 February 2018

1. STATUTORY INFORMATION

Kingfisher Properties ( Herts) Ltd 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.

2. ACCOUNTING POLICIES

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% on cost
Fixtures and fittings - 10% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position 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 AND DIRECTORS

The average number of employees during the year was NIL (2017 - 1 ).

KINGFISHER PROPERTIES ( HERTS) LTD (REGISTERED NUMBER: 08397927)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2018

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 March 2017
and 28 February 2018 328,119 64,000 37,000 429,119
DEPRECIATION
At 1 March 2017 - 25,600 14,800 40,400
Charge for year - 6,400 3,700 10,100
At 28 February 2018 - 32,000 18,500 50,500
NET BOOK VALUE
At 28 February 2018 328,119 32,000 18,500 378,619
At 28 February 2017 328,119 38,400 22,200 388,719

Included in the cost of Freehold Property is property costing £328,119 which is not depreciated, because the
tenant has full responsibility for maintaining the property in the same state as it was when the lease
commenced.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.18 28.2.17
£    £   
Other debtors 139 139

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.18 28.2.17
£    £   
Bank loans and overdrafts 19,712 18,292
Amounts owed to participating interests 81,211 74,211
Taxation and social security - 1,792
Other creditors 1,038 1,038
101,961 95,333

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.18 28.2.17
£    £   
Bank loans 245,357 265,069

KINGFISHER PROPERTIES ( HERTS) LTD (REGISTERED NUMBER: 08397927)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2018

8. SECURED DEBTS

The following secured debts are included within creditors:

28.2.18 28.2.17
£    £   
Bank loans 265,069 283,361

Guarantee and Debenture dated 14 March 2013 between Kingfisher Properties ( Herts) Ltd. and Barclays Bank
plc.

A Legal Charge dated 3 April 2013 was registered with Companies House, created by Kingfisher Properties (
Herts) Ltd., for securing all monies now due or hereafter to become due or from time to time accruing to
Barclays Bank plc, upon any account and in any manner whatsoever.

The property mortgaged and charged is the freehold property known as 7 Crane Mead Business Centre, Ware,
Hertfordshire.

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 28.2.18 28.2.17
value: £    £   
100 Ordinary £1 100 100

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2018 and
28 February 2017:

28.2.18 28.2.17
£    £   
Mr Owen Glyn Davies
Balance outstanding at start of year 139 139
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 139 139