2023-05-012024-04-302024-04-30false06563867Kenpark Development Limited2025-01-0668202falseiso4217:GBPxbrli:pure065638672023-05-01065638672024-04-30065638672023-05-012024-04-30065638672022-05-01065638672023-04-30065638672022-05-012023-04-3006563867bus:SmallEntities2023-05-012024-04-3006563867bus:AuditExempt-NoAccountantsReport2023-05-012024-04-3006563867bus:FullAccounts2023-05-012024-04-3006563867bus:PrivateLimitedCompanyLtd2023-05-012024-04-3006563867core:WithinOneYear2024-04-3006563867core:AfterOneYear2024-04-3006563867core:WithinOneYear2023-04-3006563867core:AfterOneYear2023-04-3006563867core:ShareCapital2024-04-3006563867core:SharePremium2024-04-3006563867core:RevaluationReserve2024-04-3006563867core:OtherReservesSubtotal2024-04-3006563867core:RetainedEarningsAccumulatedLosses2024-04-3006563867core:ShareCapital2023-04-3006563867core:SharePremium2023-04-3006563867core:RevaluationReserve2023-04-3006563867core:OtherReservesSubtotal2023-04-3006563867core:RetainedEarningsAccumulatedLosses2023-04-3006563867core:LandBuildings2024-04-3006563867core:PlantMachinery2024-04-3006563867core:Vehicles2024-04-3006563867core:FurnitureFittings2024-04-3006563867core:OfficeEquipment2024-04-3006563867core:NetGoodwill2024-04-3006563867core:IntangibleAssetsOtherThanGoodwill2024-04-3006563867core:ListedExchangeTraded2024-04-3006563867core:UnlistedNon-exchangeTraded2024-04-3006563867core:LandBuildings2023-04-3006563867core:PlantMachinery2023-04-3006563867core:Vehicles2023-04-3006563867core:FurnitureFittings2023-04-3006563867core:OfficeEquipment2023-04-3006563867core:NetGoodwill2023-04-3006563867core:IntangibleAssetsOtherThanGoodwill2023-04-3006563867core:ListedExchangeTraded2023-04-3006563867core:UnlistedNon-exchangeTraded2023-04-3006563867core:LandBuildings2023-05-012024-04-3006563867core:PlantMachinery2023-05-012024-04-3006563867core:Vehicles2023-05-012024-04-3006563867core:FurnitureFittings2023-05-012024-04-3006563867core:OfficeEquipment2023-05-012024-04-3006563867core:NetGoodwill2023-05-012024-04-3006563867core:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3006563867core:ListedExchangeTraded2023-05-012024-04-3006563867core:UnlistedNon-exchangeTraded2023-05-012024-04-3006563867core:MoreThanFiveYears2023-05-012024-04-3006563867core:Non-currentFinancialInstruments2024-04-3006563867core:Non-currentFinancialInstruments2023-04-3006563867dpl:CostSales2023-05-012024-04-3006563867dpl:DistributionCosts2023-05-012024-04-3006563867core:LandBuildings2023-05-012024-04-3006563867core:PlantMachinery2023-05-012024-04-3006563867core:Vehicles2023-05-012024-04-3006563867core:FurnitureFittings2023-05-012024-04-3006563867core:OfficeEquipment2023-05-012024-04-3006563867dpl:AdministrativeExpenses2023-05-012024-04-3006563867core:NetGoodwill2023-05-012024-04-3006563867core:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3006563867dpl:GroupUndertakings2023-05-012024-04-3006563867dpl:ParticipatingInterests2023-05-012024-04-3006563867dpl:GroupUndertakingscore:ListedExchangeTraded2023-05-012024-04-3006563867core:ListedExchangeTraded2023-05-012024-04-3006563867dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-05-012024-04-3006563867core:UnlistedNon-exchangeTraded2023-05-012024-04-3006563867dpl:CostSales2022-05-012023-04-3006563867dpl:DistributionCosts2022-05-012023-04-3006563867core:LandBuildings2022-05-012023-04-3006563867core:PlantMachinery2022-05-012023-04-3006563867core:Vehicles2022-05-012023-04-3006563867core:FurnitureFittings2022-05-012023-04-3006563867core:OfficeEquipment2022-05-012023-04-3006563867dpl:AdministrativeExpenses2022-05-012023-04-3006563867core:NetGoodwill2022-05-012023-04-3006563867core:IntangibleAssetsOtherThanGoodwill2022-05-012023-04-3006563867dpl:GroupUndertakings2022-05-012023-04-3006563867dpl:ParticipatingInterests2022-05-012023-04-3006563867dpl:GroupUndertakingscore:ListedExchangeTraded2022-05-012023-04-3006563867core:ListedExchangeTraded2022-05-012023-04-3006563867dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-05-012023-04-3006563867core:UnlistedNon-exchangeTraded2022-05-012023-04-3006563867core:NetGoodwill2024-04-3006563867core:IntangibleAssetsOtherThanGoodwill2024-04-3006563867core:LandBuildings2024-04-3006563867core:PlantMachinery2024-04-3006563867core:Vehicles2024-04-3006563867core:FurnitureFittings2024-04-3006563867core:OfficeEquipment2024-04-3006563867core:AfterOneYear2024-04-3006563867core:WithinOneYear2024-04-3006563867core:ListedExchangeTraded2024-04-3006563867core:UnlistedNon-exchangeTraded2024-04-3006563867core:ShareCapital2024-04-3006563867core:SharePremium2024-04-3006563867core:RevaluationReserve2024-04-3006563867core:OtherReservesSubtotal2024-04-3006563867core:RetainedEarningsAccumulatedLosses2024-04-3006563867core:NetGoodwill2023-04-3006563867core:IntangibleAssetsOtherThanGoodwill2023-04-3006563867core:LandBuildings2023-04-3006563867core:PlantMachinery2023-04-3006563867core:Vehicles2023-04-3006563867core:FurnitureFittings2023-04-3006563867core:OfficeEquipment2023-04-3006563867core:AfterOneYear2023-04-3006563867core:WithinOneYear2023-04-3006563867core:ListedExchangeTraded2023-04-3006563867core:UnlistedNon-exchangeTraded2023-04-3006563867core:ShareCapital2023-04-3006563867core:SharePremium2023-04-3006563867core:RevaluationReserve2023-04-3006563867core:OtherReservesSubtotal2023-04-3006563867core:RetainedEarningsAccumulatedLosses2023-04-3006563867core:NetGoodwill2022-05-0106563867core:IntangibleAssetsOtherThanGoodwill2022-05-0106563867core:LandBuildings2022-05-0106563867core:PlantMachinery2022-05-0106563867core:Vehicles2022-05-0106563867core:FurnitureFittings2022-05-0106563867core:OfficeEquipment2022-05-0106563867core:AfterOneYear2022-05-0106563867core:WithinOneYear2022-05-0106563867core:ListedExchangeTraded2022-05-0106563867core:UnlistedNon-exchangeTraded2022-05-0106563867core:ShareCapital2022-05-0106563867core:SharePremium2022-05-0106563867core:RevaluationReserve2022-05-0106563867core:OtherReservesSubtotal2022-05-0106563867core:RetainedEarningsAccumulatedLosses2022-05-0106563867core:AfterOneYear2023-05-012024-04-3006563867core:WithinOneYear2023-05-012024-04-3006563867core:Non-currentFinancialInstrumentscore:CostValuation2023-05-012024-04-3006563867core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-05-012024-04-3006563867core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-05-012024-04-3006563867core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-05-012024-04-3006563867core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-05-012024-04-3006563867core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-05-012024-04-3006563867core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-05-012024-04-3006563867core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-05-012024-04-3006563867core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-05-012024-04-3006563867core:Non-currentFinancialInstrumentscore:CostValuation2024-04-3006563867core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-04-3006563867core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-04-3006563867core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-04-3006563867core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-04-3006563867core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-04-3006563867core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-04-3006563867core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-04-3006563867core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-04-3006563867core:Non-currentFinancialInstrumentscore:CostValuation2023-04-3006563867core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-3006563867core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-3006563867core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-3006563867core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-3006563867core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-3006563867core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-3006563867core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-3006563867core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-3006563867bus:Director12023-05-012024-04-3006563867bus:Director22023-05-012024-04-30

Kenpark Development Limited

Registered Number
06563867
(England and Wales)

Unaudited Financial Statements for the Year ended
30 April 2024

Kenpark Development Limited
Company Information
for the year from 1 May 2023 to 30 April 2024

Directors

Hang Yee Jenny Kwok
Kin Man Raymond Lee

Company Secretary

Hang Yee Jenny Kwok

Registered Address

4 Mason Court Gillan Way
Penrith 40 Business Park
Penrith
CA11 9GR

Registered Number

06563867 (England and Wales)
Kenpark Development Limited
Statement of Financial Position
30 April 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Investment property3121,69395,519
121,69395,519
Current assets
Cash at bank and on hand1,2252,176
1,2252,176
Creditors amounts falling due within one year4(104,581)(51,171)
Net current assets (liabilities)(103,356)(48,995)
Total assets less current liabilities18,33746,524
Creditors amounts falling due after one year5(29,957)(41,240)
Net assets(11,620)5,284
Capital and reserves
Called up share capital100100
Profit and loss account(11,720)5,184
Shareholders' funds(11,620)5,284
The financial statements were approved and authorised for issue by the Board of Directors on 6 January 2025, and are signed on its behalf by:
Hang Yee Jenny Kwok
Director
Registered Company No. 06563867
Kenpark Development Limited
Notes to the Financial Statements
for the year ended 30 April 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
Judgements and key sources of estimation uncertainty
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There are no key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss. If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.Average number of employees

20242023
Average number of employees during the year22
3.Investment property
National Westminster Bank PLC hold a legal charge over the property of the company. This also contains a negative pledge.

£
Fair value at 01 May 2395,519
Additions26,174
At 30 April 24121,693
4.Creditors: amounts due within one year

2024

2023

££
Other creditors104,03150,621
Accrued liabilities and deferred income550550
Total104,58151,171
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
5.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts29,95741,240
Total29,95741,240