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REGISTERED NUMBER: 10138485 (England and Wales)















KPL Holdings Ltd

Financial Statements for the Year Ended 29th February 2024






KPL Holdings Ltd (Registered number: 10138485)

Contents of the Financial Statements
for the Year Ended 29th February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KPL Holdings Ltd

Company Information
for the Year Ended 29th February 2024







DIRECTORS: Dr R Bennett
J H Bennett
C J Bennett
T Bennett
B C Soulby





REGISTERED OFFICE: Undy's Cottage
39 Charnham Street
Hungerford
Berkshire
RG17 0EJ





REGISTERED NUMBER: 10138485 (England and Wales)





ACCOUNTANTS: Sheen Stickland
Chartered Accountants
2 Oriel Court
Omega Park
Alton
Hampshire
GU34 2YT

KPL Holdings Ltd (Registered number: 10138485)

Balance Sheet
29th February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 5 8,894,385 8,894,385

CURRENT ASSETS
Debtors 6 - 1,982

CREDITORS
Amounts falling due within one year 7 2,213 1,980
NET CURRENT (LIABILITIES)/ASSETS (2,213 ) 2
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,892,172

8,894,387

CAPITAL AND RESERVES
Called up share capital 8 106,353 106,353
Share premium 9 6,091,428 6,091,428
Retained earnings 9 2,694,391 2,696,606
SHAREHOLDERS' FUNDS 8,892,172 8,894,387

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 2024 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.

KPL Holdings Ltd (Registered number: 10138485)

Balance Sheet - continued
29th February 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5th August 2024 and were signed on its behalf by:





B C Soulby - Director


KPL Holdings Ltd (Registered number: 10138485)

Notes to the Financial Statements
for the Year Ended 29th February 2024


1. STATUTORY INFORMATION

KPL Holdings 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.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The financial statements are presented in sterling, which is the functional currency of the company, and rounded to the nearest pound.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less impairment.

Financial instruments
The loan notes issued by the company are included at cost plus any interest due.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


KPL Holdings Ltd (Registered number: 10138485)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024


3. ACCOUNTING POLICIES - continued
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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st March 2023
and 29th February 2024 8,894,385
NET BOOK VALUE
At 29th February 2024 8,894,385
At 28th February 2023 8,894,385

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings - 1,982

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 71 -
Accruals and deferred income 2,142 1,980
2,213 1,980

KPL Holdings Ltd (Registered number: 10138485)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
10,635,291 Ordinary 1p 106,353 106,353

9. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1st March 2023 2,696,606 6,091,428 8,788,034
Deficit for the year (2,215 ) (2,215 )
At 29th February 2024 2,694,391 6,091,428 8,785,819