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Company Registration No. 13143401 (England and Wales)
Kingdom Mansions Property Limited Unaudited accounts for the year ended 31 January 2024
Kingdom Mansions Property Limited Unaudited accounts Contents
Page
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Kingdom Mansions Property Limited Company Information for the year ended 31 January 2024
Director
O Fashakin
Company Number
13143401 (England and Wales)
Registered Office
C/O O'Meara Fitzmaurice & Co Brimstage Hall Brimstage Road Wirral CH63 6JA United Kingdom
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Kingdom Mansions Property Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
100,000 
84,000 
Current assets
Cash at bank and in hand
- 
5,102 
Creditors: amounts falling due within one year
(50,071)
(97,084)
Net current liabilities
(50,071)
(91,982)
Total assets less current liabilities
49,929 
(7,982)
Creditors: amounts falling due after more than one year
(75,000)
- 
Net liabilities
(25,071)
(7,982)
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
(16,000)
- 
Profit and loss account
(9,072)
(7,983)
Shareholders' funds
(25,071)
(7,982)
For the year ending 31 January 2024 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 director acknowledges his 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 and authorised for issue on 23 October 2024 and were signed on its behalf by
O Fashakin Director Company Registration No. 13143401
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Kingdom Mansions Property Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Kingdom Mansions Property Limited is a private company, limited by shares, registered in England and Wales, registration number 13143401. The registered office is C/O O'Meara Fitzmaurice & Co, Brimstage Hall, Brimstage Road, Wirral, CH63 6JA, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2024 
£ 
Fair value at 1 February 2023
84,000 
Additions
16,000 
At 31 January 2024
100,000 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
- 
97,084 
Loans from directors
50,071 
- 
50,071 
97,084 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
75,000 
- 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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