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REGISTERED NUMBER: 03305727 (England and Wales)














KINSMAN ESTATES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024






KINSMAN ESTATES LIMITED (REGISTERED NUMBER: 03305727)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


KINSMAN ESTATES LIMITED

COMPANY INFORMATION
for the Year Ended 31 JANUARY 2024







DIRECTOR: E Mehmet





SECRETARY:





REGISTERED OFFICE: 167 Turners Hill
Cheshunt
Hertfordshire
EN8 9BH





REGISTERED NUMBER: 03305727 (England and Wales)





ACCOUNTANTS: Brindley Jacob
Chartered Accountants
167 Turners Hill
Cheshunt
Hertfordshire
EN8 9BH

KINSMAN ESTATES LIMITED (REGISTERED NUMBER: 03305727)

ABRIDGED BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,585,398 1,585,497
Investments 5 3,750 3,750
1,589,148 1,589,247

CURRENT ASSETS
Debtors 659,987 674,987
Cash at bank 16,296 14,589
676,283 689,576
CREDITORS
Amounts falling due within one year 134,955 138,257
NET CURRENT ASSETS 541,328 551,319
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,130,476

2,140,566

CREDITORS
Amounts falling due after more than one year 6 894,102 911,335
NET ASSETS 1,236,374 1,229,231

CAPITAL AND RESERVES
Called up share capital 1,312,066 1,312,066
Retained earnings (75,692 ) (82,835 )
SHAREHOLDERS' FUNDS 1,236,374 1,229,231

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

KINSMAN ESTATES LIMITED (REGISTERED NUMBER: 03305727)

ABRIDGED BALANCE SHEET - continued
31 JANUARY 2024


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 Balance Sheet for the year ended 31 January 2024 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 director and authorised for issue on 30 October 2024 and were signed by:





E Mehmet - Director


KINSMAN ESTATES LIMITED (REGISTERED NUMBER: 03305727)

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

1. STATUTORY INFORMATION

Kinsman Estates 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.

Turnover
The turnover of the company represents rental income receivable from tenants of the company's properties.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost

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 1 (2023 - NIL ) .

KINSMAN ESTATES LIMITED (REGISTERED NUMBER: 03305727)

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2023
and 31 January 2024 1,593,595
DEPRECIATION
At 1 February 2023 8,098
Charge for year 99
At 31 January 2024 8,197
NET BOOK VALUE
At 31 January 2024 1,585,398
At 31 January 2023 1,585,497

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 February 2023
and 31 January 2024 3,750
NET BOOK VALUE
At 31 January 2024 3,750
At 31 January 2023 3,750

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
31.1.24 31.1.23
£    £   
Repayable by instalments
Bank loan over 5 years 871,330 889,907

7. SECURED DEBTS

The following secured debts are included within creditors:

31.1.24 31.1.23
£    £   
Bank loans 897,897 916,692

8. RELATED PARTY DISCLOSURES

In the opinion of the directors the company is controlled by Mr E Mehmet