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Company Registration No. 13433399 (England and Wales)
KOD Properties LTD Unaudited accounts for the year ended 30 June 2023
KOD Properties LTD Unaudited accounts Contents
Page
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KOD Properties LTD Company Information for the year ended 30 June 2023
Directors
Dr Kunle Samson Oyedokun Mrs Onome Edirin Oyedokun
Company Number
13433399 (England and Wales)
Registered Office
6 DARLTON DRIVE SOUTHPORT PR8 5FL ENGLAND
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KOD Properties LTD Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
277,000 
145,000 
Current assets
Cash at bank and in hand
1,469 
7,704 
Creditors: amounts falling due within one year
(360)
- 
Net current assets
1,109 
7,704 
Total assets less current liabilities
278,109 
152,704 
Creditors: amounts falling due after more than one year
(226,511)
(109,740)
Net assets
51,598 
42,964 
Capital and reserves
Capital contribution reserve
78,347 
49,825 
Profit and loss account
(26,749)
(6,861)
Shareholders' funds
51,598 
42,964 
For the year ending 30 June 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 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 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 of Directors and authorised for issue on 14 March 2024 and were signed on its behalf by
Dr Kunle Samson Oyedokun Director Company Registration No. 13433399
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KOD Properties LTD Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
KOD Properties LTD is a private company, limited by shares, registered in England and Wales, registration number 13433399. The registered office is 6 DARLTON DRIVE, SOUTHPORT, PR8 5FL, 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:
Land & buildings
Fair Value
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 July 2022
145,000 
Additions
132,000 
At 30 June 2023
277,000 
Depreciation
At 30 June 2023
- 
Net book value
At 30 June 2023
277,000 
At 30 June 2022
145,000 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Accruals
360 
- 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
226,511 
109,740 
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KOD Properties LTD Notes to the Accounts for the year ended 30 June 2023
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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