IRIS Accounts Production v24.1.0.578 02589971 Board of Directors Board of Directors 1.12.22 30.11.23 30.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh025899712022-11-30025899712023-11-30025899712022-12-012023-11-30025899712021-11-30025899712021-12-012022-11-30025899712022-11-3002589971ns15:EnglandWales2022-12-012023-11-3002589971ns14:PoundSterling2022-12-012023-11-3002589971ns10:Director12022-12-012023-11-3002589971ns10:Director22022-12-012023-11-3002589971ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3002589971ns10:SmallEntities2022-12-012023-11-3002589971ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3002589971ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3002589971ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3002589971ns10:FullAccounts2022-12-012023-11-3002589971ns10:CompanySecretary12022-12-012023-11-3002589971ns10:RegisteredOffice2022-12-012023-11-3002589971ns5:CurrentFinancialInstruments2023-11-3002589971ns5:CurrentFinancialInstruments2022-11-3002589971ns5:ShareCapital2023-11-3002589971ns5:ShareCapital2022-11-3002589971ns5:FurtherSpecificReserve1ComponentTotalEquity2023-11-3002589971ns5:FurtherSpecificReserve1ComponentTotalEquity2022-11-3002589971ns5:RetainedEarningsAccumulatedLosses2023-11-3002589971ns5:RetainedEarningsAccumulatedLosses2022-11-3002589971ns5:LandBuildings2022-11-3002589971ns5:PlantMachinery2022-11-3002589971ns5:LandBuildings2022-12-012023-11-3002589971ns5:PlantMachinery2022-12-012023-11-3002589971ns5:LandBuildings2023-11-3002589971ns5:PlantMachinery2023-11-3002589971ns5:LandBuildings2022-11-3002589971ns5:PlantMachinery2022-11-3002589971ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3002589971ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-30
REGISTERED NUMBER: 02589971 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

KYO SERVICE PROPERTIES LIMITED

KYO SERVICE PROPERTIES LIMITED (Registered number: 02589971)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KYO SERVICE PROPERTIES LIMITED

Company Information
for the Year Ended 30 November 2023







DIRECTORS: F TAGO
MRS K TAGO





SECRETARY: MRS K TAGO





REGISTERED OFFICE: 280 PRESTON ROAD
HARROW
Middlesex
HA3 0QA





REGISTERED NUMBER: 02589971 (England and Wales)





ACCOUNTANTS: OOSMAN & CO
PO BOX 33
BOREHAMWOOD
Hertfordshire
WD6 3AX

KYO SERVICE PROPERTIES LIMITED (Registered number: 02589971)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,550,339 3,498,958

CURRENT ASSETS
Debtors 5 22,124 980
Prepayments and accrued income 31,855 38,522
Cash at bank and in hand 619,211 498,573
673,190 538,075
CREDITORS
Amounts falling due within one year 6 86,823 64,154
NET CURRENT ASSETS 586,367 473,921
TOTAL ASSETS LESS CURRENT LIABILITIES 4,136,706 3,972,879

PROVISIONS FOR LIABILITIES 418,187 312,124
NET ASSETS 3,718,519 3,660,755

CAPITAL AND RESERVES
Called up share capital 50,000 50,000
Surplus on revaluation 1,254,568 1,360,631
Retained earnings 2,413,951 2,250,124
3,718,519 3,660,755

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

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

KYO SERVICE PROPERTIES LIMITED (Registered number: 02589971)

Balance Sheet - continued
30 November 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 15 July 2024 and were signed on its behalf by:




F TAGO - Director



MRS K TAGO - Director


KYO SERVICE PROPERTIES LIMITED (Registered number: 02589971)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

KYO SERVICE PROPERTIES 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.

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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

KYO SERVICE PROPERTIES LIMITED (Registered number: 02589971)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 December 2022 3,495,000 181,650 3,676,650
Revaluations 55,173 - 55,173
At 30 November 2023 3,550,173 181,650 3,731,823
DEPRECIATION
At 1 December 2022 - 177,692 177,692
Charge for year - 3,792 3,792
At 30 November 2023 - 181,484 181,484
NET BOOK VALUE
At 30 November 2023 3,550,173 166 3,550,339
At 30 November 2022 3,495,000 3,958 3,498,958

Cost or valuation at 30 November 2023 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2013 1,040,785 - 1,040,785
Valuation in 2014 49,999 - 49,999
Valuation in 2015 1 - 1
Valuation in 2016 240,000 - 240,000
Valuation in 2017 (393,113 ) - (393,113 )
Valuation in 2018 510,000 - 510,000
Valuation in 2019 1 - 1
Valuation in 2020 135,881 - 135,881
Valuation in 2021 89,200 - 89,200
Valuation in 2022 55,173 - 55,173
Cost 1,822,246 181,650 2,003,896
3,550,173 181,650 3,731,823

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 22,124 980

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Taxation and social security 49,338 25,731
Other creditors 37,485 38,423
86,823 64,154