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REGISTERED NUMBER: 05119746 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

KIEMERA LIMITED

KIEMERA LIMITED (REGISTERED NUMBER: 05119746)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KIEMERA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: T J Isaacson
A M Isaacson





SECRETARY: A M Isaacson





REGISTERED OFFICE: Cheribourne House
45A Station Road
Willington
Bedford
Bedfordshire
MK44 3QL





REGISTERED NUMBER: 05119746 (England and Wales)





ACCOUNTANTS: Baker Noel
Cheribourne House
45A Station Road
Willington
Bedford
Bedfordshire
MK44 3QL

KIEMERA LIMITED (REGISTERED NUMBER: 05119746)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 2 2
Investment property 6 1,268,500 928,081
1,268,502 928,083

CURRENT ASSETS
Debtors 7 27,624 27,624
Cash at bank 19,862 27,196
47,486 54,820
CREDITORS
Amounts falling due within one year 8 44,373 42,695
NET CURRENT ASSETS 3,113 12,125
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,271,615

940,208

CREDITORS
Amounts falling due after more than one
year

9

(571,209

)

(594,685

)

PROVISIONS FOR LIABILITIES (81,734 ) -
NET ASSETS 618,672 345,523

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 11 258,685 -
Retained earnings 11 359,887 345,423
SHAREHOLDERS' FUNDS 618,672 345,523

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

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

KIEMERA LIMITED (REGISTERED NUMBER: 05119746)

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

The financial statements were approved by the Board of Directors and authorised for issue on 7 August 2024 and were signed on its behalf by:




T J Isaacson - Director



A M Isaacson - Director


KIEMERA LIMITED (REGISTERED NUMBER: 05119746)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Kiemera 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.
Fixtures and fittings - 20% on cost
Computer equipment - 25% on cost

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

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.

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 year was 2 (2023 - 2 ) .

KIEMERA LIMITED (REGISTERED NUMBER: 05119746)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 1,455 5,346 6,801
DEPRECIATION
At 1 May 2023
and 30 April 2024 1,455 5,346 6,801
NET BOOK VALUE
At 30 April 2024 - - -
At 30 April 2023 - - -

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2023
and 30 April 2024 2
NET BOOK VALUE
At 30 April 2024 2
At 30 April 2023 2

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023 928,081
Revaluations 340,419
At 30 April 2024 1,268,500
NET BOOK VALUE
At 30 April 2024 1,268,500
At 30 April 2023 928,081

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2024 340,419
Cost 928,081
1,268,500

KIEMERA LIMITED (REGISTERED NUMBER: 05119746)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

6. INVESTMENT PROPERTY - continued

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

30.4.24 30.4.23
£    £   
Cost 928,081 928,081

The investment property was valued on an open market basis on 30 April 2024 by the directors .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Amounts owed by group undertakings 27,624 27,624

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Taxation and social security 9,019 8,333
Other creditors 35,354 34,362
44,373 42,695

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 571,209 594,685

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 571,209 594,685

10. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Bank loans 571,209 594,685

Bank loans are secured on the investment properties.

KIEMERA LIMITED (REGISTERED NUMBER: 05119746)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

11. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 May 2023 345,423 - 345,423
Profit for the year 321,149 321,149
Dividends (48,000 ) (48,000 )
Investment property (258,685 ) 258,685 -
At 30 April 2024 359,887 258,685 618,572

12. CHANGE IN ACCOUNTING STANDARDS

During the year ended 30th April 2024 the prepared accounts using FRS 102 1A. During the year the investment property has been revalued and deferred tax has been accounted for on this.