IRIS Accounts Production v24.3.2.46 11124500 director 1.6.23 31.5.24 31.5.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh111245002023-05-31111245002024-05-31111245002023-06-012024-05-31111245002022-05-31111245002022-06-012023-05-31111245002023-05-3111124500ns15:EnglandWales2023-06-012024-05-3111124500ns14:PoundSterling2023-06-012024-05-3111124500ns10:Director12023-06-012024-05-3111124500ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3111124500ns10:SmallEntities2023-06-012024-05-3111124500ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3111124500ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3111124500ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3111124500ns10:FullAccounts2023-06-012024-05-3111124500ns10:CompanySecretary12023-06-012024-05-3111124500ns10:RegisteredOffice2023-06-012024-05-3111124500ns5:CurrentFinancialInstruments2024-05-3111124500ns5:CurrentFinancialInstruments2023-05-3111124500ns5:ShareCapital2024-05-3111124500ns5:ShareCapital2023-05-3111124500ns5:FurtherSpecificReserve3ComponentTotalEquity2024-05-3111124500ns5:FurtherSpecificReserve3ComponentTotalEquity2023-05-3111124500ns5:RetainedEarningsAccumulatedLosses2024-05-3111124500ns5:RetainedEarningsAccumulatedLosses2023-05-3111124500ns5:PlantMachinery2023-06-012024-05-3111124500ns5:PlantMachinery2023-05-3111124500ns5:PlantMachinery2024-05-3111124500ns5:PlantMachinery2023-05-3111124500ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3111124500ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-3111124500ns5:FurtherSpecificReserve3ComponentTotalEquity2023-05-31
REGISTERED NUMBER: 11124500 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

KILLAVOHER INVESTMENTS LTD

KILLAVOHER INVESTMENTS LTD (REGISTERED NUMBER: 11124500)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KILLAVOHER INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: M J F Mannion





SECRETARY: M J F Mannion





REGISTERED OFFICE: 32 Acacia Way
Sidcup
Kent
DA15 8WW





REGISTERED NUMBER: 11124500 (England and Wales)





ACCOUNTANTS: Kelley & Lowe Limited
Gwynfa House
677 Princes Road
Dartford
Kent
DA2 6EF

KILLAVOHER INVESTMENTS LTD (REGISTERED NUMBER: 11124500)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 435 581
Investment property 5 860,000 750,000
860,435 750,581

CURRENT ASSETS
Debtors 6 4,362 4,216
Cash at bank 187,193 130,917
191,555 135,133
CREDITORS
Amounts falling due within one year 7 1,116,088 1,089,328
NET CURRENT LIABILITIES (924,533 ) (954,195 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(64,098

)

(203,614

)

CAPITAL AND RESERVES
Called up share capital 1 1
Non-distributable reserve 8 (90,347 ) (200,347 )
Retained earnings 26,248 (3,268 )
(64,098 ) (203,614 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

KILLAVOHER INVESTMENTS LTD (REGISTERED NUMBER: 11124500)

BALANCE SHEET - continued
31 MAY 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 director and authorised for issue on 21 February 2025 and were signed by:





M J F Mannion - Director


KILLAVOHER INVESTMENTS LTD (REGISTERED NUMBER: 11124500)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

Killavoher Investments Ltd 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.

The financial statements have been prepared on the going concern basis, notwithstanding the deficiency of net assets, on the grounds that the holding company which is the sole shareholder and principal creditor, has confirmed continuing financial support to enable the company to meet its liabilities as they fall due.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

3. EMPLOYEES AND DIRECTORS

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

KILLAVOHER INVESTMENTS LTD (REGISTERED NUMBER: 11124500)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 June 2023
and 31 May 2024 2,451
DEPRECIATION
At 1 June 2023 1,870
Charge for year 146
At 31 May 2024 2,016
NET BOOK VALUE
At 31 May 2024 435
At 31 May 2023 581

5. INVESTMENT PROPERTY

Investment property was valued at £860,000 on an open market basis by Darby Mountbank, Chartered Surveyors, on 19 February 2025, which value has been adopted as fair value as at 31 May 2024.

Fair value at 31 May 2024 if represented by:
£   
Valuation adjustment in 2024110,000
Valuation adjustment in 2022(200,347)
Cost950,347
860,000


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Other debtors 4,362 4,216

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Taxation and social security 6,958 1,439
Other creditors 1,109,130 1,087,889
1,116,088 1,089,328

KILLAVOHER INVESTMENTS LTD (REGISTERED NUMBER: 11124500)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


8. RESERVES
Non-distributable
reserve
£
At 1 June 2023 (200,347 )
Non-distributable reserve 110,000

At 31 May 2024 (90,347 )

9. RELATED PARTY DISCLOSURES

During the year, Killavoher Investments Ltd was a wholly owned subsidiary of Jemima Limited.