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Registered Number: 09800001
England and Wales

 

 

 

KIAN PROPERTY DEVELOPMENTS LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 March 2023

End date: 28 February 2024
 
 
Notes
 
2024
£
  2023
£
Current assets      
Debtors: amounts falling due within one year 90,001    90,001 
Cash at bank and in hand 675    670 
90,676    90,671 
Creditors: amount falling due within one year (2,750)   (2,550)
Net current assets 87,926    88,121 
 
Total assets less current liabilities 87,926    88,121 
Creditors: amount falling due after more than one year (80,075)   (80,075)
Net assets 7,851    8,046 
 

Capital and reserves
     
Called up share capital 3 2    2 
Profit and loss account 7,849    8,044 
Shareholders' funds 7,851    8,046 
 


For the year ended 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 28 November 2024 and were signed on its behalf by:


-------------------------------
Kirit Vaja
Director
1
General Information
KIAN PROPERTY DEVELOPMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09800001, registration address 12 Kilmartin Avenue, London, London, SW16 4RD.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
2.

Average number of employees

Average number of employees during the year was 0 (2023 : 0).
3.

Share Capital

Authorised
2 Class A shares of £1.00 each
Allotted, called up and fully paid
2024
£
  2023
£
2 Class A shares of £1.00 each  
 

2