1 August 2022 false No description of principal activity Taxfiler 2023.14 11458928business:PrivateLimitedCompanyLtd2022-08-012023-07-31 114589282022-07-31 114589282022-08-012023-07-31 11458928business:AuditExempt-NoAccountantsReport2022-08-012023-07-31 11458928business:FilletedAccounts2022-08-012023-07-31 114589282023-07-31 11458928business:Director12022-08-012023-07-31 11458928business:RegisteredOffice2022-08-012023-07-31 114589282022-07-31 11458928core:WithinOneYear2023-07-31 11458928core:WithinOneYear2022-07-31 11458928core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 11458928core:ShareCapitalcore:PreviouslyStatedAmount2022-07-31 11458928core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 11458928core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-07-31 11458928core:PreviouslyStatedAmount2023-07-31 11458928core:PreviouslyStatedAmount2022-07-31 11458928business:SmallEntities2022-08-012023-07-31 11458928countries:EnglandWales2022-08-012023-07-31 11458928core:LandBuildings2022-07-31 11458928core:LandBuildings2023-07-31 114589282021-08-012022-07-31 iso4217:GBP xbrli:pure
Company Registration No. 11458928 (England and Wales)
KING'S PROPERTIES (NORTH EAST) LIMITED Unaudited accounts for the year ended 31 July 2023
KING'S PROPERTIES (NORTH EAST) LIMITED Unaudited accounts Contents
Page
- 2 -
KING'S PROPERTIES (NORTH EAST) LIMITED Company Information for the year ended 31 July 2023
Director
Ms W Rowntree
Company Number
11458928 (England and Wales)
Registered Office
26 NORTH GROVE SUNDERLAND SR6 9PJ ENGLAND
- 3 -
KING'S PROPERTIES (NORTH EAST) LIMITED Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
200,000 
200,000 
Current assets
Debtors
450 
1,000 
Cash at bank and in hand
1,152 
405 
1,602 
1,405 
Creditors: amounts falling due within one year
(193,799)
(197,974)
Net current liabilities
(192,197)
(196,569)
Net assets
7,803 
3,431 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
7,793 
3,421 
Shareholders' funds
7,803 
3,431 
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 March 2024 and were signed on its behalf by
Ms W Rowntree Director Company Registration No. 11458928
- 4 -
KING'S PROPERTIES (NORTH EAST) LIMITED Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
KING'S PROPERTIES (NORTH EAST) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11458928. The registered office is 26 NORTH GROVE, SUNDERLAND, SR6 9PJ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 August 2022
200,000 
At 31 July 2023
200,000 
Depreciation
At 31 July 2023
- 
Net book value
At 31 July 2023
200,000 
At 31 July 2022
200,000 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
450 
1,000 
- 5 -
KING'S PROPERTIES (NORTH EAST) LIMITED Notes to the Accounts for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
1,312 
287 
Other creditors
152,648 
157,848 
Loans from directors
39,839 
39,839 
193,799 
197,974 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 6 -