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REGISTERED NUMBER: 11093082 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Ksh Property Limited

Ksh Property Limited (Registered number: 11093082)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Ksh Property Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mrs S S Shah
Miss K Shah





REGISTERED OFFICE: 16 Lamport Crescent
Brooklands
Milton Keynes
MK10 7GE





REGISTERED NUMBER: 11093082 (England and Wales)





ACCOUNTANTS: Flannagans - Hartlepool Office
Chartered Certified Accountants
3A Evolution
Wynyard Business Park
Wynyard
Billingham
TS22 5TB

Ksh Property Limited (Registered number: 11093082)

Abridged Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 535 -
Investment property 5 721,900 236,690
722,435 236,690

CURRENT ASSETS
Debtors - 743
Cash at bank 19,109 15,885
19,109 16,628
CREDITORS
Amounts falling due within one year 602,771 118,386
NET CURRENT LIABILITIES (583,662 ) (101,758 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

138,773

134,932

CREDITORS
Amounts falling due after more than one year 6 (91,931 ) (94,463 )

PROVISIONS FOR LIABILITIES (4,323 ) (4,323 )
NET ASSETS 42,519 36,146

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 41,519 35,146
42,519 36,146

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

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

Ksh Property Limited (Registered number: 11093082)

Abridged Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 28 August 2024 and were signed on its behalf by:





Miss K Shah - Director


Ksh Property Limited (Registered number: 11093082)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Ksh Property 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.

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

Ksh Property Limited (Registered number: 11093082)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 799
At 31 December 2023 799
DEPRECIATION
Charge for year 264
At 31 December 2023 264
NET BOOK VALUE
At 31 December 2023 535

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023 236,690
Additions 485,210
At 31 December 2023 721,900
NET BOOK VALUE
At 31 December 2023 721,900
At 31 December 2022 236,690

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2023 2022
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 91,931 94,463