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REGISTERED NUMBER: 14237961 (England and Wales)











Financial Statements

for the Period

15 July 2022 to 31 July 2023

for

63KT89ER LTD

63KT89ER LTD (REGISTERED NUMBER: 14237961)






Contents of the Financial Statements
for the Period 15 July 2022 to 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


63KT89ER LTD

Company Information
for the Period 15 July 2022 to 31 July 2023







DIRECTORS: Mr M J Breen
Mr S T Urbaniak





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 14237961 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

63KT89ER LTD (REGISTERED NUMBER: 14237961)

Balance Sheet
31 July 2023

Notes £    £   
FIXED ASSETS
Investment property 4 1,041,766

CURRENT ASSETS
Debtors 5 9,028
Cash at bank 51,807
60,835
CREDITORS
Amounts falling due within one year 6 1,270,330
NET CURRENT LIABILITIES (1,209,495 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(167,729

)

CAPITAL AND RESERVES
Called up share capital 8 100
Retained earnings (167,829 )
SHAREHOLDERS' FUNDS (167,729 )

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

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

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 15 April 2024 and were signed on its behalf by:





Mr M J Breen - Director


63KT89ER LTD (REGISTERED NUMBER: 14237961)

Notes to the Financial Statements
for the Period 15 July 2022 to 31 July 2023

1. STATUTORY INFORMATION

63KT89ER 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.

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.

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

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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 1,041,766
At 31 July 2023 1,041,766
NET BOOK VALUE
At 31 July 2023 1,041,766

63KT89ER LTD (REGISTERED NUMBER: 14237961)

Notes to the Financial Statements - continued
for the Period 15 July 2022 to 31 July 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by group undertakings 5,610
Other debtors 2,750
Prepayments and accrued income 668
9,028

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts (see note 7) 1,265,000
Other creditors 3,650
Accruals and deferred income 1,680
1,270,330

7. LOANS

An analysis of the maturity of loans is given below:

£   
Amounts falling due within one year or on demand:
Bank loans 1,265,000

8. CALLED UP SHARE CAPITAL

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

100 Ordinary share shares of £1 each were allotted and fully paid for cash at par during the period.

9. RELATED PARTY DISCLOSURES

At the balance sheet date, an amount of £2,805 is owed by Mayfair Castle Ltd and an amount of £2,805 is owed by SU Builders Ltd, companies related by the virtue f the fact that they are under common control.