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Company registration number: 09903359
Kaythorn Property Ltd
Unaudited filleted financial statements
31 December 2024
Kaythorn Property Ltd
Contents
Directors and other information
Statement of financial position and notes to the financial statements
Kaythorn Property Ltd
Directors and other information
Directors Mrs L K Bond
Mr N Bond
Company number 09903359
Registered office The Beeches
Shute Hill, Bishopsteignton
Teignmouth
Devon
TQ14 9QL
Accountants Wills Accountants Limited
2 Endeavour House
Parkway Court
Longbridge Road
Plymouth
PL6 8LR
Kaythorn Property Ltd
Statement of financial position
31 December 2024
2024 2023
£ £ £ £
Fixed assets 504,730 504,844
_______ _______
Current assets 186 939
Prepayments and accrued income 303 286
_______ _______
489 1,225
Creditors: amounts falling due within one year ( 501,196) ( 502,216)
_______ _______
Net current liabilities ( 500,707) ( 500,991)
_______ _______
Total assets less current liabilities 4,023 3,853
Accruals and deferred income ( 3,875) ( 3,749)
_______ _______
Net assets 148 104
_______ _______
Capital and reserves 148 104
_______ _______
Notes to the financial statements
Kaythorn Property Ltd
Year ended 31 December 2024
1. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
2. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2024
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
Mrs L K Bond ( 249,806) ( 603) 1,309 ( 249,100)
Mr N Bond ( 249,806) ( 603) 1,309 ( 249,100)
_______ _______ _______ _______
( 499,612) ( 1,206) 2,618 ( 498,200)
_______ _______ _______ _______
2023
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
Mrs L K Bond ( 250,415) ( 156) 765 ( 249,806)
Mr N Bond ( 250,415) ( 156) 765 ( 249,806)
_______ _______ _______ _______
( 500,830) ( 312) 1,530 ( 499,612)
_______ _______ _______ _______
The loans are unsecured, repayable on demand and attract no interest.
3. Going Concern
The company has current liabilities. The company is therefore reliant upon the continued financial support of its directors in order to continue operations. The directors have indicated their willingness to provide financial support to ensure that the company has sufficient resources to meet third parties debts as they fall due. Accordingly the accounts have been prepared on a going concern basis. If the support of the directors were withdrawn, then the going concern basis may not be acceptable. Adjustments may then have to be made to adjust the value of the assets to their recoverable amounts, to provide for any further liabilities that might arise, and to reclassify fixed assets and long term loans as current assets and current liabilities.
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 30 April 2025 , and are signed on behalf of the board by:
Mrs L K Bond
Director
Company registration number: 09903359
The company is a private company limited by shares, registered in England.