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REGISTERED NUMBER: 00631166 (England and Wales)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2023

FOR

KENTISH INVESTMENTS LIMITED

KENTISH INVESTMENTS LIMITED (REGISTERED NUMBER: 00631166)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KENTISH INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2023







DIRECTORS: F L Holmes
J M Caine
S M Selwood





SECRETARY: F L Holmes





REGISTERED OFFICE: 495 Green Lanes
London
N13 4BS





REGISTERED NUMBER: 00631166 (England and Wales)





ACCOUNTANTS: Avraam Associates Limited
Chartered Accountants
495 Green Lanes
London
N13 4BS

KENTISH INVESTMENTS LIMITED (REGISTERED NUMBER: 00631166)

BALANCE SHEET
30TH JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 3,279,635 2,701,588
Investment property 5 600,000 600,000
3,879,635 3,301,588

CURRENT ASSETS
Debtors 6 1,417 1,417
Cash at bank 171,679 689,504
173,096 690,921
CREDITORS
Amounts falling due within one year 7 373,795 367,434
NET CURRENT (LIABILITIES)/ASSETS (200,699 ) 323,487
TOTAL ASSETS LESS CURRENT LIABILITIES 3,678,936 3,625,075

PROVISIONS FOR LIABILITIES 8 143,727 143,727
NET ASSETS 3,535,209 3,481,348

CAPITAL AND RESERVES
Called up share capital 9 100 100
Non distributable reserve 10 431,183 431,183
Revaluation reserve 62,325 28,188
Retained earnings 3,041,601 3,021,877
SHAREHOLDERS' FUNDS 3,535,209 3,481,348

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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.

KENTISH INVESTMENTS LIMITED (REGISTERED NUMBER: 00631166)

BALANCE SHEET - continued
30TH JUNE 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11th March 2024 and were signed on its behalf by:





F L Holmes - Director


KENTISH INVESTMENTS LIMITED (REGISTERED NUMBER: 00631166)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2023

1. STATUTORY INFORMATION

Kentish Investments Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

KENTISH INVESTMENTS LIMITED (REGISTERED NUMBER: 00631166)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2023

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1st July 2022 2,701,588
Additions 677,416
Disposals (133,505 )
Revaluations 42,522
Impairments (8,386 )
At 30th June 2023 3,279,635
NET BOOK VALUE
At 30th June 2023 3,279,635
At 30th June 2022 2,701,588

Cost or valuation at 30th June 2023 is represented by:

Other
investments
£   
Valuation in 2023 3,279,635

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st July 2022
and 30th June 2023 600,000
NET BOOK VALUE
At 30th June 2023 600,000
At 30th June 2022 600,000

Fair value at 30th June 2023 is represented by:
£   
Valuation in 2023 600,000

If the investment property had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 21,090 21,090

The investment property was valued on an open market basis on 13th March 2023 by the directors .

KENTISH INVESTMENTS LIMITED (REGISTERED NUMBER: 00631166)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 1,417 1,417

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 4,287 6,077
Other creditors 369,508 361,357
373,795 367,434

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 143,727 143,727

Deferred
tax
£   
Balance at 1st July 2022 143,727
Balance at 30th June 2023 143,727

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Non
distributable
reserve
£   
At 1st July 2022
and 30th June 2023 431,183

KENTISH INVESTMENTS LIMITED (REGISTERED NUMBER: 00631166)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2023

11. RELATED PARTY DISCLOSURES

Included in other creditors is an amount of £245,963 (2022 - £245,963) due to Dalling Property Co Limited, a company in which the directors are also directors and have a material interest.

Included in other creditors is an amount of £121,145 (2022 - £103,145) due to Chupon Limited, a company in which the directors are also directors and have a material interest.

Included in the management fees paid during the year is £1,700 (2022 - £11,700) relating to charges for services rendered in respect of property management under the control of a director of Kentish Investments Limited.

On 11 September 2012 the directors transfered their shareholdings in the company to Harveyblue Limited in a share for share exchange.

12. ULTIMATE CONTROLLING PARTY

Harveyblue Limited is regarded by the directors as being the company's ultimate parent company.