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Registered number: 13392512
KE Property Investments Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 May 2024
Charlton Accountants Ltd
Contents
Page
Abridged Statement of Financial Position 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Statement of Financial Position
Registered number: 13392512
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 320,000 320,000
320,000 320,000
CURRENT ASSETS
Cash at bank and in hand 42,678 62,135
42,678 62,135
Creditors: Amounts Falling Due Within One Year (173,376 ) (193,376 )
NET CURRENT ASSETS (LIABILITIES) (130,698 ) (131,241 )
TOTAL ASSETS LESS CURRENT LIABILITIES 189,302 188,759
Creditors: Amounts Falling Due After More Than One Year 5 (148,625 ) (148,625 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,490 ) (8,490 )
NET ASSETS 32,187 31,644
CAPITAL AND RESERVES
Called up share capital 8 1 1
Fair value reserve 9 36,195 36,195
Income Statement (4,009 ) (4,552 )
SHAREHOLDERS' FUNDS 32,187 31,644
Page 1
Page 2
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
All of the company's members have consented to the preparation of an Abridged Income Statement and an Abridged Statement of Financial Position for the year end 31 May 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mrs Kathryn Ainge
Director
15/02/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
KE Property Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13392512 . The registered office is 9 Hillend Farmhouse, Much Cowarne, Bromyard, HR7 4JL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. 
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement. 
The investment property was professionally valued in September 2022 for rental purposes and the director believes that the valuation would have been similar as at the end of May 2024.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
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Page 3
Page 4
4. Tangible Assets
Total
£
Cost or Valuation
As at 1 June 2023 320,000
As at 31 May 2024 320,000
Net Book Value
As at 31 May 2024 320,000
As at 1 June 2023 320,000
Cost or valuation as at 31 May 2024 represented by:
Investment Properties
£
At valuation 320,000
320,000
If the following tangible fixed assets had been accounted for under historical cost accounting rules, the amounts would be:
Investment Properties
£
Cost 275,315
5. Creditors: amounts falling due after five years
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2024 2023
£ £
Bank loans 148,625 148,625
6. Secured Creditors
Of the creditors the following amounts are secured:
On 2nd February 2023 a charge was registered by Landbay Partners Limited over the property owned by KE Property Investments Ltd.
2024 2023
£ £
Bank loans and overdrafts 148,625 148,625
7. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 June 2023 8,490 8,490
Balance at 31 May 2024 8,490 8,490
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Reserves
Fair Value Reserve
£
As at 1 June 2023 36,195
As at 31 May 2024 36,195
Page 5