Silverfin false false 31/07/2023 01/08/2022 31/07/2023 Dr Kevin Richard Brown 27/07/2020 19 December 2023 The principal activity of the Company during the financial year was property investment. 12771884 2023-07-31 12771884 bus:Director1 2023-07-31 12771884 2022-07-31 12771884 core:CurrentFinancialInstruments 2023-07-31 12771884 core:CurrentFinancialInstruments 2022-07-31 12771884 core:ShareCapital 2023-07-31 12771884 core:ShareCapital 2022-07-31 12771884 core:RetainedEarningsAccumulatedLosses 2023-07-31 12771884 core:RetainedEarningsAccumulatedLosses 2022-07-31 12771884 2022-08-01 2023-07-31 12771884 bus:FilletedAccounts 2022-08-01 2023-07-31 12771884 bus:SmallEntities 2022-08-01 2023-07-31 12771884 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 12771884 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 12771884 bus:Director1 2022-08-01 2023-07-31 12771884 2021-08-01 2022-07-31 iso4217:GBP xbrli:pure

Company No: 12771884 (England and Wales)

KRBP LIMITED

Unaudited Financial Statements
For the financial year ended 31 July 2023
Pages for filing with the registrar

KRBP LIMITED

Unaudited Financial Statements

For the financial year ended 31 July 2023

Contents

KRBP LIMITED

BALANCE SHEET

As at 31 July 2023
KRBP LIMITED

BALANCE SHEET (continued)

As at 31 July 2023
Note 2023 2022
£ £
Fixed assets
Investment property 3 651,483 651,483
651,483 651,483
Current assets
Cash at bank and in hand 16,207 31,763
16,207 31,763
Creditors: amounts falling due within one year 4 ( 609,264) ( 649,054)
Net current liabilities (593,057) (617,291)
Total assets less current liabilities 58,426 34,192
Net assets 58,426 34,192
Capital and reserves
Called-up share capital 1 1
Profit and loss account 58,425 34,191
Total shareholder's funds 58,426 34,192

For the financial year ending 31 July 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of KRBP Limited (registered number: 12771884) were approved and authorised for issue by the Director on 19 December 2023. They were signed on its behalf by:

Dr Kevin Richard Brown
Director
KRBP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2023
KRBP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

KRBP Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 225 Lower Blandford Road, Broadstone, BH18 8DN, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Investment property

Investment property
£
Valuation
As at 01 August 2022 651,483
As at 31 July 2023 651,483

4. Creditors: amounts falling due within one year

2023 2022
£ £
Taxation and social security 5,844 5,287
Other creditors 603,420 643,767
609,264 649,054