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REGISTERED NUMBER: 09907042 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Kenwood Property & Investment Co Limited

Kenwood Property & Investment Co Limited (Registered number: 09907042)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

Kenwood Property & Investment Co Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Ms K V Ventress
Mrs J C Ventress
D J Ventress
Ms A C Ventress





REGISTERED OFFICE: 16 Park Road
Godalming
Surrey
GU7 1SH





REGISTERED NUMBER: 09907042 (England and Wales)





ACCOUNTANTS: Indigo Tax and Accountancy Limited
The Barn
Brighton Road
Lower Beeding
Horsham
West Sussex
RH13 6PT

Kenwood Property & Investment Co Limited (Registered number: 09907042)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 266,706 266,000

CURRENT ASSETS
Debtors 5 370 1,978
Cash at bank 58,907 67,180
59,277 69,158
CREDITORS
Amounts falling due within one year 6 255,717 255,451
NET CURRENT LIABILITIES (196,440 ) (186,293 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

70,266

79,707

PROVISIONS FOR LIABILITIES 134 -
NET ASSETS 70,132 79,707

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 7 25,733 25,733
Retained earnings 44,299 53,874
70,132 79,707

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 5 March 2025 and were signed on its behalf by:





D J Ventress - Director


Kenwood Property & Investment Co Limited (Registered number: 09907042)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Kenwood Property & Investment Co 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - straight line over 4 years

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Kenwood Property & Investment Co Limited (Registered number: 09907042)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 January 2024 266,000 390 266,390
Additions - 941 941
At 31 December 2024 266,000 1,331 267,331
DEPRECIATION
At 1 January 2024 - 390 390
Charge for year - 235 235
At 31 December 2024 - 625 625
NET BOOK VALUE
At 31 December 2024 266,000 706 266,706
At 31 December 2023 266,000 - 266,000

Cost or valuation at 31 December 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2021 19,733 - 19,733
Valuation in 2023 6,000 - 6,000
Cost 240,267 1,331 241,598
266,000 1,331 267,331

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 370 1,978

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 2,250 2,435
Other creditors 253,467 253,016
255,717 255,451

7. RESERVES
Revaluation
reserve
£   
At 1 January 2024
and 31 December 2024 25,733

Kenwood Property & Investment Co Limited

Report of the Accountants to the Directors of
Kenwood Property & Investment Co Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Indigo Tax and Accountancy Limited
The Barn
Brighton Road
Lower Beeding
Horsham
West Sussex
RH13 6PT


5 March 2025