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Registered number: 07289512

Kan Property Management Limited

ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2023

Prepared By:
Willow Accounting & Consultancy
Chartered Certified Accountants
47a Commercial Road
Poole
Dorset
BH14 0HU

Kan Property Management Limited

ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2023
DIRECTORS
Christopher John Mainstone
Natasha Jayne Alan-Williams
Kelly Anne Mainstone
Victoria Anne Mainstone
REGISTERED OFFICE
33 Beech Close
Broadstone
Dorset
BH18 9NJ
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07289512
BANKERS
Santander
ACCOUNTANTS
Willow Accounting & Consultancy
Chartered Certified Accountants
47a Commercial Road
Poole
Dorset
BH14 0HU

Kan Property Management Limited

ACCOUNTS
FOR THEYEARENDED30 JUNE 2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Kan Property Management Limited

BALANCE SHEET AT 30 June 2023
20232022
Notes££
FIXED ASSETS
Tangible assets3,534,5003,235,500
CURRENT ASSETS
Debtors42,3122,715
Cash at bank and in hand24,97053,188
27,28255,903
CREDITORS: Amounts falling due within one year51,423,1011,532,051
NET CURRENT LIABILITIES(1,395,819)(1,476,148)
TOTAL ASSETS LESS CURRENT LIABILITIES2,138,6811,759,352
PROVISIONS FOR LIABILITIES AND CHARGES6277,807218,184
NET ASSETS1,860,8741,541,168
CAPITAL AND RESERVES
Called up share capital743
Revaluation reserve1c,81,447,3381,148,338
Profit and loss account413,532392,827
SHAREHOLDERS' FUNDS1,860,8741,541,168
For the year ending 30 June 2023 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 15 March 2024 and signed on their behalf by
.............................
Christopher John Mainstone
Director

Kan Property Management Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
1c. Revaluation Reserve
Surpluses or deficits arising on the revaluation of investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note8).
2. EMPLOYEES
20232022
No.No.
Average number of employees--
3. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 1 July 20223,235,5003,235,500
Revaluation299,000299,000
At 30 June 20233,534,5003,534,500
The directors have provided fair value estimates for investment properties as at 30 June 2023.

Kan Property Management Limited

4. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors1,000499
Prepayments1,3102,214
Directors current account11
Directors current account11
2,3122,715
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax20,00721,432
Directors current account1,401,2941,509,179
Accruals1,8001,440
1,423,1011,532,051
6. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation277,807218,184
277,807218,184
7. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each21
2 Class B shares of £1 each22
43
New shares issued during period:
1 Ordinary shares of £1 each1
1-

Kan Property Management Limited

8. REVALUATION RESERVE 20232022
££
Revaluation reserve1,447,3381,148,338
1,447,3381,148,338
This is a non-distributable reserve arising on the movement in fair value of investment properties during the year.