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REGISTERED NUMBER: 09296023 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

KYME REAL ESTATE LIMITED

KYME REAL ESTATE LIMITED (REGISTERED NUMBER: 09296023)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KYME REAL ESTATE LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: N J Wright
Mrs A J Wright





REGISTERED OFFICE: Beckside Court
Annie Reed Road
Beverley
East Yorkshire
HU17 0LF





REGISTERED NUMBER: 09296023 (England and Wales)





ACCOUNTANTS: Sowerby
Chartered Accountants
Beckside Court
Annie Reed Road
Beverley
East Yorkshire
HU17 0LF

KYME REAL ESTATE LIMITED (REGISTERED NUMBER: 09296023)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 380,050 380,050

CURRENT ASSETS
Cash at bank 50,259 14,311

CREDITORS
Amounts falling due within one year 5 316,001 305,316
NET CURRENT LIABILITIES (265,742 ) (291,005 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

114,308

89,045

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 114,306 89,043
SHAREHOLDERS' FUNDS 114,308 89,045

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

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

KYME REAL ESTATE LIMITED (REGISTERED NUMBER: 09296023)

BALANCE SHEET - continued
31 March 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2024 and were signed on its behalf by:




N J Wright - Director



Mrs A J Wright - Director


KYME REAL ESTATE LIMITED (REGISTERED NUMBER: 09296023)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

Kyme Real Estate Limited is a private company, limited by shares, registered in England. The company's registered number is 09296023. The company's registered office is Beckside Court, Annie Reed Road, Beverley, East Yorkshire HU17 0LF

The presentational currency of the financial statements is Pound Sterling (£).

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.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 (2023 - 2 ) .

4. FIXED ASSET INVESTMENTS

2024 2023
£    £   
Shares in group undertakings 50 50
Loans to group undertakings 380,000 380,000
380,050 380,050

KYME REAL ESTATE LIMITED (REGISTERED NUMBER: 09296023)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024


4. FIXED ASSET INVESTMENTS - continued

Additional information is as follows:
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 50
NET BOOK VALUE
At 31 March 2024 50
At 31 March 2023 50
Loans to
group
undertakings
£   
At 1 April 2023 380,000
New in year 300,000
Repayment in year (300,000 )
At 31 March 2024 380,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Directors' current accounts 315,003 304,403
Accrued expenses 998 913
316,001 305,316

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
N J Wright
Balance outstanding at start of year (304,403 ) (204,303 )
Amounts advanced - 100,000
Amounts repaid (10,600 ) (200,100 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (315,003 ) (304,403 )

7. RELATED PARTY DISCLOSURES

The ultimate controlling party is N J Wright.