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REGISTERED NUMBER: 13291477 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

KIRALLAR PROPERTY LIMITED

KIRALLAR PROPERTY LIMITED (REGISTERED NUMBER: 13291477)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KIRALLAR PROPERTY LIMITED

Company Information
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: N Kiral





REGISTERED OFFICE: 293 Green Lanes
London
N13 4XS





REGISTERED NUMBER: 13291477 (England and Wales)





ACCOUNTANTS: ADPL LLP
Chartered Certified Accountants
& Business Advisers
Ernest House
293 Green Lanes
Palmers Green
London
N13 4XS

KIRALLAR PROPERTY LIMITED (REGISTERED NUMBER: 13291477)

Balance Sheet
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,697,392 1,697,392

CURRENT ASSETS
Debtors 5 118,212 116,212
Cash at bank 48,574 6,947
166,786 123,159
CREDITORS
Amounts falling due within one year 6 1,047,285 1,033,544
NET CURRENT LIABILITIES (880,499 ) (910,385 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

816,893

787,007

CREDITORS
Amounts falling due after more than one
year

7

711,734

747,314
NET ASSETS 105,159 39,693

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 104,159 38,693
105,159 39,693

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

KIRALLAR PROPERTY LIMITED (REGISTERED NUMBER: 13291477)

Balance Sheet - continued
31 MARCH 2025


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 16 May 2025 and were signed by:





N Kiral - Director


KIRALLAR PROPERTY LIMITED (REGISTERED NUMBER: 13291477)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Kirallar Property 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.

In carrying out this assessment, the directors have considered the impact of the Covid-19 pandemic on the trade and finances of the company and wider group and they have taken steps to protect liquidity.

The directors are therefore satisfied that there is no significant risk to the ability of the company to continue as a going concern for at least 12 months from the date of approval of these financial statements.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 1 (2024 - 1 ) .

KIRALLAR PROPERTY LIMITED (REGISTERED NUMBER: 13291477)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2025


4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 April 2024
and 31 March 2025 1,697,392
NET BOOK VALUE
At 31 March 2025 1,697,392
At 31 March 2024 1,697,392

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other debtors 118,212 116,212

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 142 5,078
Taxation and social security 26,974 8,297
Other creditors 1,020,169 1,020,169
1,047,285 1,033,544

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans 711,734 747,314

8. RELATED PARTY DISCLOSURES

The majority shareholder of Kirallar Property Ltd is also the majority shareholder of Best C Veg Ltd. Kirallar Property Ltd owes £780,000 (2024:£780,000) to Best C Veg Ltd at the end of reporting date.

The majority shareholder of Kirallar Property Ltd is also the majority shareholder of Extra Wholesaler Ltd. Kirallar Property Ltd owes £33,200 (2024: £33,200) to Extra Wholesaler Ltd at the end of reporting date.

The majority shareholder of Kirallar Property Ltd is also the majority shareholder of Cardiff Pet Group Ltd. Kirallar Property Ltd is owed £47,500 (2024:£45,500) from Cardiff Pet Group Ltd at the end of reporting date.