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REGISTERED NUMBER: 03516731 (England and Wales)


















K&R Partners LTD

Unaudited Financial Statements

for the Year Ended 31 December 2023






K&R Partners LTD (Registered number: 03516731)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


K&R Partners LTD

Company Information
for the Year Ended 31 December 2023







DIRECTORS: M Ruhland
V Ruhland



SECRETARY: M Ruhland



REGISTERED OFFICE: 16 Beaufort Court
Admirals Way
London
E14 9XL



REGISTERED NUMBER: 03516731 (England and Wales)



ACCOUNTANTS: RBS Accountants Limited
16 Beaufort Court
Admirals Way
London
Docklands
London
E14 9XL



SOLICITORS: Stephenson Harwood
One, St Paul's Churchyard
London
EC4M 8SH

K&R Partners LTD (Registered number: 03516731)

Statement of Financial Position
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 3,284,818 2,588,020

CURRENT ASSETS
Debtors 5 34,240 -
Cash at bank 1,119,176 2,167,317
1,153,416 2,167,317
CREDITORS
Amounts falling due within one year 6 56,732 126,963
NET CURRENT ASSETS 1,096,684 2,040,354
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,381,502

4,628,374

PROVISIONS FOR LIABILITIES 296,287 253,544
NET ASSETS 4,085,215 4,374,830

CAPITAL AND RESERVES
Called up share capital 290,000 290,000
Non distributable reserves 888,861 1,093,924
Retained earnings 2,906,354 2,990,906
SHAREHOLDERS' FUNDS 4,085,215 4,374,830

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

K&R Partners LTD (Registered number: 03516731)

Statement of Financial Position - continued
31 December 2023


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 8 February 2024 and were signed on its behalf by:





M Ruhland - Director


K&R Partners LTD (Registered number: 03516731)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

K&R Partners 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 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.

Fixed assets investments
Fixed assets investments are shown at market value.

Foreign currencies
Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction or, if hedged, at the forward contract rate. Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are reported at the rate of exchange prevailing at that date or, if appropriate, at the forward contract rate. Any gain or loss arising from a change in exchange rates subsequent to the date of the transaction is included as an exchange gain or loss in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 January 2023 2,588,020
Additions 879,878
Revaluations (149,297 )
Exchange differences (33,783 )
At 31 December 2023 3,284,818
NET BOOK VALUE
At 31 December 2023 3,284,818
At 31 December 2022 2,588,020

Cost or valuation at 31 December 2023 is represented by:

Other
investments
£   
Valuation in 2020 1,059,425
Valuation in 2021 718,872
Valuation in 2022 (463,853 )
Valuation in 2023 (149,297 )
Cost 2,119,671
3,284,818

K&R Partners LTD (Registered number: 03516731)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 34,240 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Taxation and social security 1,256 86,020
Other creditors 55,476 40,943
56,732 126,963

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.23 31.12.22
£    £   
Within one year 12,000 12,000

8. FINANCIAL INSTRUMENTS

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities.

9. ULTIMATE CONTROLLING PARTY

The controlling party is M Ruhland.