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REGISTERED NUMBER: 10307123 (England and Wales)













KJP MOSSOP LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023






KJP MOSSOP LTD (REGISTERED NUMBER: 10307123)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023










Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


KJP MOSSOP LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTORS: Mrs K J Mossop
Mr J Mossop





REGISTERED OFFICE: Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ





REGISTERED NUMBER: 10307123 (England and Wales)





ACCOUNTANTS: Carston Chartered Accountants
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
KJP MOSSOP LTD


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of KJP Mossop Ltd for the year ended 31 August 2023 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of KJP Mossop Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of KJP Mossop Ltd and state those matters that we have agreed to state to the Board of Directors of KJP Mossop Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than KJP Mossop Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that KJP Mossop Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of KJP Mossop Ltd. You consider that KJP Mossop Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of KJP Mossop Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Carston Chartered Accountants
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ


Date: .............................................

KJP MOSSOP LTD (REGISTERED NUMBER: 10307123)

STATEMENT OF FINANCIAL POSITION
31 AUGUST 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 373 354
Investment property 5 1,235,994 749,043
1,236,367 749,397

CURRENT ASSETS
Stocks - 11,854
Cash at bank 39,843 112,846
39,843 124,700
CREDITORS
Amounts falling due within one year 6 233,991 135,957
NET CURRENT LIABILITIES (194,148 ) (11,257 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,042,219 738,140

CREDITORS
Amounts falling due after more than one
year

7

1,083,439

732,887
NET (LIABILITIES)/ASSETS (41,220 ) 5,253

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (41,222 ) 5,251
SHAREHOLDERS' FUNDS (41,220 ) 5,253

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

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

KJP MOSSOP LTD (REGISTERED NUMBER: 10307123)

STATEMENT OF FINANCIAL POSITION - continued
31 AUGUST 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 April 2024 and were signed on its behalf by:




Mr J Mossop - Director



Mrs K J Mossop - Director


KJP MOSSOP LTD (REGISTERED NUMBER: 10307123)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023


1. STATUTORY INFORMATION

KJP Mossop 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% straight line on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

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

KJP MOSSOP LTD (REGISTERED NUMBER: 10307123)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


4. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1 September 2022 1,416
Additions 498
At 31 August 2023 1,914
DEPRECIATION
At 1 September 2022 1,062
Charge for year 479
At 31 August 2023 1,541
NET BOOK VALUE
At 31 August 2023 373
At 31 August 2022 354

5. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 September 2022 749,043
Additions 486,951
At 31 August 2023 1,235,994
NET BOOK VALUE
At 31 August 2023 1,235,994
At 31 August 2022 749,043

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Taxation and social security - 1,149
Other creditors 233,991 134,808
233,991 135,957

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£ £
Bank loans 804,395 453,843
Other creditors 279,044 279,044
1,083,439 732,887