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Registered number
10575208
Kestrel Properties Limited
Unaudited Accounts
for the year ended
31 January 2024
Kestrel Properties Limited
Balance Sheet
as at 31 January 2024
Notes
2024
£
2023
£
Fixed assets
Tangible assets 3 338,400 338,400
338,400 338,400
Current assets
Cash at bank and in hand 10,923 9,317
10,923 9,317
Creditors: amounts falling due within one year 4 (33,456) (35,654)
Net current assets / (liabilities) (22,533) (26,337)
Total assets less current liabilities 315,867 312,063
Creditors: amounts falling due after more than one year 5 (258,351) (249,050)
Provisions for liabilities (0) (0)
Accruals and deferred income (2,680) (1,980)
Total net assets (liabilities) 54,836 61,033
Capital and reserves
Called up share capital 6 100 100
Revaluation reserve 51,515 51,515
Profit and loss account 3,221 9,418
Shareholders' funds 54,836 61,033

Kestrel Properties Limited
Balance Sheet
as at 31 January 2024



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 January 2024 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.

Signed on behalf of the board of directors

...............................

Mr S Johnson

Director


Approved by the board on 23 February 2024

Company Number: 10575208 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Cherry Lodge, 21 Hutton Hill
Hutton
Weston-super-mare
Somerset
BS24 9TU
England

Kestrel Properties Limited
Notes to the Accounts
for the year ended 31 January 2024

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Going concern basis
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer refunds and other similar allowances. Revenue from the sale of services is recognised when services are provided.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Investment property
Investment property is included at fair value, with any gains recognised in the profit and loss account for the period in which they occurred. Deferred tax is recognised on these gains at the rate expected to apply when the property is sold.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares that are measured at fair value. Derivative financial instruments are initially recorded at cost and thereafter at fair value. All changes in fair value are recognised in the profit or loss account in the period in which they occurred.
2. Employees
2024 2023
Average number of employees during the period 2 2

3. Tangible fixed assets
Investment properties Total
Cost or valuation £ £
At 1 February 2023 338,400 338,400
At 31 January 2024 338,400 338,400
Depreciation
At 31 January 2024 0 0
Net book value
At 31 January 2024 338,400 338,400
At 31 January 2023 338,400 338,400

4. Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 0 3,040
Taxation & social security 0 247
Other creditors 33,456 32,367
33,456 35,654

5. Creditors: amounts falling due after one year
2024 2023
£ £
Bank Loans & overdrafts 186,222 175,001
Other 72,129 74,049
258,351 249,050

6. Share capital
2024 2023
£ £
Allotted, called up and fully paid:
100 (2023: 100) A Ordinary shares of £1.00 each 100 100
100 100

7. Borrowings
2024 2023
Creditors repayable in more than five years: £ £
Total non-instalment amounts due 258,351 249,050
Total 258,351 249,050