Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302023-05-01falseNo description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04182508 2023-05-01 2024-04-30 04182508 2022-05-01 2023-04-30 04182508 2024-04-30 04182508 2023-04-30 04182508 c:Director1 2023-05-01 2024-04-30 04182508 d:Buildings 2024-04-30 04182508 d:Buildings 2023-04-30 04182508 d:CurrentFinancialInstruments 2024-04-30 04182508 d:CurrentFinancialInstruments 2023-04-30 04182508 d:Non-currentFinancialInstruments 2024-04-30 04182508 d:Non-currentFinancialInstruments 2023-04-30 04182508 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 04182508 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 04182508 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 04182508 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 04182508 d:ShareCapital 2024-04-30 04182508 d:ShareCapital 2023-04-30 04182508 d:RevaluationReserve 2024-04-30 04182508 d:RevaluationReserve 2023-04-30 04182508 d:RetainedEarningsAccumulatedLosses 2024-04-30 04182508 d:RetainedEarningsAccumulatedLosses 2023-04-30 04182508 c:FRS102 2023-05-01 2024-04-30 04182508 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 04182508 c:FullAccounts 2023-05-01 2024-04-30 04182508 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 04182508 5 2023-05-01 2024-04-30 04182508 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 04182508









KALAMART PROPERTIES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
KALAMART PROPERTIES LIMITED
REGISTERED NUMBER: 04182508

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,087,886
1,087,886

  
1,087,886
1,087,886

Current assets
  

Debtors: amounts falling due within one year
 5 
100,000
100,000

Cash at bank and in hand
 6 
77,626
92,571

  
177,626
192,571

Creditors: amounts falling due within one year
 7 
(41,088)
(38,474)

Net current assets
  
 
 
136,538
 
 
154,097

Total assets less current liabilities
  
1,224,424
1,241,983

Creditors: amounts falling due after more than one year
 8 
(44,276)
(94,276)

  

Net assets
  
1,180,148
1,147,707


Capital and reserves
  

Called up share capital 
  
1
1

Other reserves
  
601,502
601,502

Profit and loss account
  
578,645
546,204

  
1,180,148
1,147,707


Page 1

 
KALAMART PROPERTIES LIMITED
REGISTERED NUMBER: 04182508
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




K C Patel
Director

Date: 16 January 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
KALAMART PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Kalamart Properties Limited is a private company limited by shares and incorporated in England and Wales (registered number: 04182508). Its registered office address is 796 St Jones Road, Clacton-on-Sea, Essex, CO16 8BS. 
The financial statements are presented in Sterling, which is the funtional currency of the company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


Page 3

 
KALAMART PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.



The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
KALAMART PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Tangible fixed assets





Land and buildings

£



Cost or valuation


At 1 May 2023
1,087,886



At 30 April 2024

1,087,886






Net book value



At 30 April 2024
1,087,886



At 30 April 2023
1,087,886


5.


Debtors

2024
2023
£
£


Other debtors
100,000
100,000

100,000
100,000



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
77,626
92,571

77,626
92,571


Page 5

 
KALAMART PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
7,610
4,998

Other creditors
31,978
31,976

Accruals and deferred income
1,500
1,500

41,088
38,474



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
44,276
94,276

44,276
94,276


 
Page 6