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REGISTERED NUMBER: 02936631















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Kashiba Properties Limited

Kashiba Properties Limited (Registered number: 02936631)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Kashiba Properties Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mrs R Patel
Miss R R Patel
Mrs S R Patel-Kendall





SECRETARY: Mrs R Patel





REGISTERED OFFICE: 72 Rectory Road
Farnborough
Hampshire
GU14 7HU





REGISTERED NUMBER: 02936631





ACCOUNTANTS: Branston Adams
Suite 2, Victoria House
South Street
Farnham
Surrey
GU9 7QU

Kashiba Properties Limited (Registered number: 02936631)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 450,000 450,000

CURRENT ASSETS
Debtors 5 12,504 12,504
Cash at bank 33,540 33,251
46,044 45,755
CREDITORS
Amounts falling due within one year 6 12,225 12,671
NET CURRENT ASSETS 33,819 33,084
TOTAL ASSETS LESS CURRENT
LIABILITIES

483,819

483,084

CREDITORS
Amounts falling due after more than one
year

7

72,772

102,669
NET ASSETS 411,047 380,415

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 8 104,422 104,422
Retained earnings 306,623 275,991
SHAREHOLDERS' FUNDS 411,047 380,415

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

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 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.

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 27 February 2025 and were signed on its behalf by:





Mrs R Patel - Director


Kashiba Properties Limited (Registered number: 02936631)

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

1. STATUTORY INFORMATION

Kashiba Properties Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Turnover
Turnover represents rents receivable during the year in respect of the company's investment property.

Tangible fixed assets
The only asset of the company is the freehold investment property. Depreciation is therefore not provided for.

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.

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 and loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 July 2023
and 30 June 2024 450,000
NET BOOK VALUE
At 30 June 2024 450,000
At 30 June 2023 450,000

Included in cost or valuation of land and buildings is freehold land which is not depreciated. The historical cost of the property was £345,578.

The Freehold property was professionally valued at £450,000 on 30 June 2013, by a local independent surveyor.

Kashiba Properties Limited (Registered number: 02936631)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors 12,504 12,504

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Taxation and social security 7,303 7,749
Other creditors 4,922 4,922
12,225 12,671

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.24 30.6.23
£    £   
Other creditors 72,772 102,669

8. RESERVES
Revaluation
reserve
£   
At 1 July 2023
and 30 June 2024 104,422

9. ULTIMATE CONTROLLING PARTY

The company was under the control of Mrs R Patel, throughout the current and previous year.