2023-07-01 SC632906 2024-06-30 SC632906 2023-07-01 2024-06-30 SC632906 2023-06-30 SC632906 2022-07-01 2023-06-30 SC632906 uk-core:AfterOneYear 2023-06-30 SC632906 uk-core:AfterOneYear 2024-06-30 SC632906 uk-core:ShareCapital 2024-06-30 SC632906 uk-core:ShareCapital 2023-06-30 SC632906 uk-core:RetainedEarningsAccumulatedLosses 2024-06-30 SC632906 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 SC632906 uk-bus:Director1 2023-07-01 2024-06-30 SC632906 uk-core:Buildings 2023-07-01 2024-06-30 SC632906 uk-core:AfterOneYear uk-core:Secured 2024-06-30 SC632906 uk-core:AfterOneYear uk-core:Secured 2023-06-30 iso4217:GBP xbrli:pure SC632906 uk-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 SC632906 uk-bus:FRS102 2023-07-01 2024-06-30 SC632906 uk-bus:FilletedAccounts 2023-07-01 2024-06-30 SC632906 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30
KM Property Investment Ltd
Registered Number:SC632906
For the year ended 30 June 2024
Scotland
Unaudited Financial Statements
2
For the year ended 30 June 2024
KM Property Investment Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
SC632906
As at 30 June 2024
KM Property Investment Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
593,000
483,000
2
593,000
483,000
Current assets
471
Cash and cash equivalents
1,558
1,558
471
Total assets less current liabilities
594,558
483,471
Trade and other payables: amounts falling due after more
than one year
(511,332)
(636,682)
3
(42,124)
Net liabilities
(27,861)
Capital and reserves
Called up share capital
100
100
Retained earnings
(42,224)
(27,961)
(42,124)
(27,861)
Shareholders' funds
For the year ended 30 June 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
David Goodall Director
These financial statements were approved and authorised for issue by the Board on 13 September 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 June 2024
KM Property Investment Ltd
Notes to the Financial Statements
Statutory Information
KM Property Investment Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number
SC632906.
Registered address:
2 Springwood Terrace
Peebles
EH45 9ET
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings
0%
2. Property, plant and equipment
Land and
Buildings
£
Cost or
valuation
At 01 July 2023
483,000
110,000
Additions
At 30 June 2024
593,000
At 30 June 2024
Net book value
593,000
At 30 June 2023
483,000
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5
For the year ended 30 June 2024
KM Property Investment Ltd
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
75,848
-
Other creditors
560,834
511,332
636,682
511,332
4. Average number of persons employed
During the year the average number of employees was 0
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