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REGISTERED NUMBER: 01440771 (England and Wales)











Kentlarch Limited

Unaudited Financial Statements

for the Year Ended 30 November 2024






Kentlarch Limited (Registered number: 01440771)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


Kentlarch Limited

Company Information
for the Year Ended 30 November 2024







Directors: Mrs R Ashraf
M Ashraf
Mrs S Arif
J A Bawany





Registered office: 9 Selby Gardens
Cheadle Hulme
Cheadle Stockport
Cheshire
SK8 7PT





Registered number: 01440771 (England and Wales)





Accountants: Warr & Co Limited
Chartered Accountants
Mynshull House
78 Churchgate
Stockport
Cheshire
SK1 1YJ

Kentlarch Limited (Registered number: 01440771)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £   
Fixed assets
Tangible assets 4 657 876
Investment property 5 870,000 740,000
870,657 740,876

Current assets
Cash at bank 48,569 51,079

Creditors
Amounts falling due within one year 6 (106,775 ) (93,316 )
Net current liabilities (58,206 ) (42,237 )
Total assets less current liabilities 812,451 698,639

Provisions for liabilities 7 (43,751 ) (19,051 )
Net assets 768,700 679,588

Capital and reserves
Called up share capital 8 100 100
Fair value reserve 9 186,519 81,219
Retained earnings 582,081 598,269
Shareholders' funds 768,700 679,588

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Kentlarch Limited (Registered number: 01440771)

Balance Sheet - continued
30 November 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 Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 January 2025 and were signed on its behalf by:





M Ashraf - Director


Kentlarch Limited (Registered number: 01440771)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. Statutory information

Kentlarch 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the rents demanded for the year.

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 - 25% on reducing balance

Investment property
Investment properties are initially measured at cost and subsequently measured at fair value. Changes in fair value are recognised in profit or loss.

The Companies Act 2006 requires all properties to be depreciated. However, this requirement conflicts with the generally accepted accounting principle set out in FRS 102. The directors consider that, because investment properties are not held for consumption, but for their investment potential, to depreciate them would not give a true and fair view.

If this departure from the Companies Act 2006 had not been made in order to give a true and fair view, the profit for the financial year would have been reduced by depreciation. However the amount of depreciation cannot reasonably be quantified, because depreciation is only one of many factors reflected in the annual valuation and the amount relating to the depreciation of the property cannot be separately identified.

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.


Kentlarch Limited (Registered number: 01440771)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

2. Accounting policies - continued
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.

Fixed asset investments
Fixed asset investments are stated at fair value. Changes in fair value are recognised in profit or loss.

3. Employees and directors

The average number of employees during the year was 4 (2023 - 4 ) .

4. Tangible fixed assets
Fixtures
and
fittings
£   
Cost
At 1 December 2023
and 30 November 2024 1,324
Depreciation
At 1 December 2023 448
Charge for year 219
At 30 November 2024 667
Net book value
At 30 November 2024 657
At 30 November 2023 876

Kentlarch Limited (Registered number: 01440771)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

5. Investment property
Total
£   
Fair value
At 1 December 2023 740,000
Valuation changes 130,000
At 30 November 2024 870,000
Net book value
At 30 November 2024 870,000
At 30 November 2023 740,000

Fair value at 30 November 2024 is represented by:
£   
Valuation in 2024 870,000

If investment property had not been revalued they would have been included at the following historical cost:

30.11.24 30.11.23
£    £   
Cost 639,730 639,730

Investment property was valued on an open market basis on 30 November 2024 by the director .

6. Creditors: amounts falling due within one year
30.11.24 30.11.23
£    £   
Corporation tax 945 2,075
Social security and other taxes 104 -
Directors' current accounts 103,706 89,221
Accruals and deferred income 2,020 2,020
106,775 93,316

7. Provisions for liabilities
30.11.24 30.11.23
£    £   
Deferred tax 43,751 19,051

Kentlarch Limited (Registered number: 01440771)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

7. Provisions for liabilities - continued

Deferred
tax
£   
Balance at 1 December 2023 19,051
Provided during year 24,700
Balance at 30 November 2024 43,751

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
100 Ordinary £1 100 100

9. Reserves
Fair
value
reserve
£   
At 1 December 2023 81,219
Transfer from retained earnings 105,300

At 30 November 2024 186,519