Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31Property development and letting.true2023-01-01true22false 09858261 2023-01-01 2023-12-31 09858261 2022-01-01 2022-12-31 09858261 2023-12-31 09858261 2022-12-31 09858261 c:Director1 2023-01-01 2023-12-31 09858261 d:CurrentFinancialInstruments 2023-12-31 09858261 d:CurrentFinancialInstruments 2022-12-31 09858261 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09858261 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 09858261 d:ShareCapital 2023-12-31 09858261 d:ShareCapital 2022-12-31 09858261 d:RetainedEarningsAccumulatedLosses 2023-12-31 09858261 d:RetainedEarningsAccumulatedLosses 2022-12-31 09858261 c:OrdinaryShareClass1 2023-01-01 2023-12-31 09858261 c:OrdinaryShareClass1 2023-12-31 09858261 c:EntityHasNeverTraded 2023-01-01 2023-12-31 09858261 c:FRS102 2023-01-01 2023-12-31 09858261 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09858261 c:FullAccounts 2023-01-01 2023-12-31 09858261 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09858261 2 2023-01-01 2023-12-31 09858261 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 09858261














KESTATES LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

 
KESTATES LIMITED
 

CONTENTS



Page
Statement of financial position
 
1 - 2
Notes to the financial statements
 
3 - 4


 
KESTATES LIMITED
REGISTERED NUMBER:09858261

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors
 4 
-
109,062

Cash at bank
  
3,627
28,814

  
3,627
137,876

Current liabilities
  

Creditors: amounts falling due within one year
 5 
(2,727)
(136,973)

Net current assets
  
 
 
900
 
 
903

  

Net assets
  
900
903


Capital and reserves
  

Called up share capital 
 6 
900
900

Profit and loss account
  
-
3

  
900
903


For the year ended 31 December 2023 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
 
Page 1

 
KESTATES LIMITED
REGISTERED NUMBER:09858261
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023


The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 September 2024.




Bhupendra S Kansagra
Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
KESTATES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Kestates Limited is a private limited liability company registered in England and Wales. The registered address and principal place of business is at Portland House, 69-71 Wembley Hill Road, Wembley, Middlesex, HA9 8BU.
The principal activity of the company is that of property development and letting. There has been no activity this year.
The company's functional and presentational currency is £ Sterling.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount.

 
2.4

Basic financial instruments

Basic financial instruments include trade and other debtors, trade and other creditors, cash and cash equivalents, and related party loans.
Trade and other debtors are recognised initially at the transaction price less attributable transaction costs. Trade and other creditors are recognised initially at transaction price plus attributable transaction costs. Subsequent to initial recognition they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade and other debtors. If the arrangement constitutes a financing transaction, for example if payment is deferred beyond normal business terms, then it is measured at the present value of future payments discounted at a market rate of interest.
Cash and cash equivalents comprise cash balances and call deposits.

 
2.5

Dividends

Equity dividends are recognised when they become legally payable.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 3

 
KESTATES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Debtors

2023
2022
£
£


Other debtors
-
109,062



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
-
4,585

Amounts owed to group undertakings
2,727
127,838

Other Creditors
-
4,550

2,727
136,973



6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



900 Ordinary shares of £1.00 each
900
900


 
Page 4