Company Registration No. 13731421 (England and Wales)
K&D PROPERTIES LTD
Unaudited accounts
for the year ended 30 November 2023
K&D PROPERTIES LTD
Unaudited accounts
Contents
K&D PROPERTIES LTD
Company Information
for the year ended 30 November 2023
Company Number
13731421 (England and Wales)
Registered Office
12D WOODCOTE PARK AVENUE
PURLEY
CR8 3NJ
ENGLAND
K&D PROPERTIES LTD
Statement of financial position
as at 30 November 2023
Tangible assets
1,713,124
1,713,124
Cash at bank and in hand
7,311
5,654
Creditors: amounts falling due within one year
(80,610)
(80,610)
Net current liabilities
(73,299)
(74,956)
Total assets less current liabilities
1,639,825
1,638,168
Creditors: amounts falling due after more than one year
(1,645,912)
(1,645,868)
Net liabilities
(6,087)
(7,700)
Profit and loss account
(6,087)
(7,700)
Shareholders' funds
(6,087)
(7,700)
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 August 2024 and were signed on its behalf by
K Patel
Director
Company Registration No. 13731421
K&D PROPERTIES LTD
Notes to the Accounts
for the year ended 30 November 2023
K&D PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 13731421. The registered office is 12D WOODCOTE PARK AVENUE, PURLEY, CR8 3NJ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
At 1 December 2022
1,713,124
At 30 November 2023
1,713,124
At 30 November 2023
1,713,124
At 30 November 2022
1,713,124
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
80,610
80,610
K&D PROPERTIES LTD
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
974,368
1,014,368
Loans from directors
671,544
631,500
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Average number of employees
During the year the average number of employees was 0 (2022: 0).