KREMER PROPERTIES LIMITED

Company Registration Number:
09253032 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2023

Period of accounts

Start date: 01 October 2022

End date: 30 September 2023

KREMER PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2023

Balance sheet
Notes

KREMER PROPERTIES LIMITED

Balance sheet

As at 30 September 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 2,147 1,562
Investments: 4 5,377,954 5,377,954
Total fixed assets: 5,380,101 5,379,516
Current assets
Stocks: 322,300 258,300
Debtors:   1,000 1
Cash at bank and in hand: 15,642 47,108
Investments:   0 0
Total current assets: 338,942 305,409
Creditors: amounts falling due within one year:   (873,001) (854,974)
Net current assets (liabilities): (534,059) (549,565)
Total assets less current liabilities: 4,846,042 4,829,951
Creditors: amounts falling due after more than one year:   (2,383,971) (2,303,070)
Provision for liabilities: (62,029) (142,910)
Total net assets (liabilities): 2,400,042 2,383,971
Capital and reserves
Called up share capital: 1,000 1,000
Share premium account: 0 0
Revaluation reserve:51,066,2071,066,207
Other reserves: 0 0
Profit and loss account: 1,332,835 1,316,764
Shareholders funds: 2,400,042 2,383,971

The notes form part of these financial statements

KREMER PROPERTIES LIMITED

Balance sheet statements

For the year ending 30 September 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 January 2024
and signed on behalf of the board by:

Name: K W Pullan
Status: Director

The notes form part of these financial statements

KREMER PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

KREMER PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

2. Employees

2023 2022
Average number of employees during the period 8 4

KREMER PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Tangible Assets

Total
Cost £
At 01 October 2022 1,562
Additions 585
Disposals 0
Revaluations 0
Transfers 0
At 30 September 2023 2,147
Depreciation
At 01 October 2022 0
Charge for year 0
On disposals 0
Other adjustments 0
At 30 September 2023 0
Net book value
At 30 September 2023 2,147
At 30 September 2022 1,562

KREMER PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

4. Fixed investments

Property at Daniel Hill Mews is inlcded in teh valuation of £4,350,000 based on marlet value valuation cpmpleted January 2020 by Sanderson Wetherall in accordance with RICS valuation. Inverstment property Swallownest open market value £822,000

KREMER PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

5. Revaluation reserve

2023
£
Balance at 01 October 2022 1,066,207
Surplus or deficit after revaluation 0
Balance at 30 September 2023 1,066,207