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REGISTERED NUMBER: 09713987 (England and Wales)















Unaudited Financial Statements For The Year Ended 31st August 2024

for

Kingston Real Estate (New Homes) Limited

Kingston Real Estate (New Homes) Limited (Registered number: 09713987)






Contents of the Financial Statements
For The Year Ended 31st August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Kingston Real Estate (New Homes) Limited

Company Information
For The Year Ended 31st August 2024







DIRECTORS: M R Waller
K R Waller
M K Waller





REGISTERED OFFICE: 1st Floor
5 Century Court
Tolpits Lane
Watford
Hertfordshire
WD18 9PX





REGISTERED NUMBER: 09713987 (England and Wales)





ACCOUNTANTS: Dua & Co. Limited
1st Floor
5 Century Court
Tolpits Lane
Watford
Hertfordshire
WD18 9PX

Kingston Real Estate (New Homes) Limited (Registered number: 09713987)

Balance Sheet
31st August 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Property, plant and equipment 4 7,856 10,474

CURRENT ASSETS
Inventories 190,984 185,112
Debtors 5 17,847 26,293
Cash at bank 396 1,723
209,227 213,128
CREDITORS
Amounts falling due within one year 6 190,142 180,553
NET CURRENT ASSETS 19,085 32,575
TOTAL ASSETS LESS CURRENT LIABILITIES 26,941 43,049

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 26,940 43,048
SHAREHOLDERS' FUNDS 26,941 43,049

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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 28th May 2025 and were signed on its behalf by:





M K Waller - Director


Kingston Real Estate (New Homes) Limited (Registered number: 09713987)

Notes to the Financial Statements
For The Year Ended 31st August 2024

1. STATUTORY INFORMATION

Kingston Real Estate (New Homes) 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.

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 - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

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 3 (2023 - 2 ) .

Kingston Real Estate (New Homes) Limited (Registered number: 09713987)

Notes to the Financial Statements - continued
For The Year Ended 31st August 2024

4. PROPERTY, PLANT AND EQUIPMENT
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1st September 2023
and 31st August 2024 10,723 18,269 28,992
DEPRECIATION
At 1st September 2023 6,762 11,756 18,518
Charge for year 990 1,628 2,618
At 31st August 2024 7,752 13,384 21,136
NET BOOK VALUE
At 31st August 2024 2,971 4,885 7,856
At 31st August 2023 3,961 6,513 10,474

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 10,499 10,500
Amounts owed by group undertakings 2,450 2,965
Other debtors 4,898 12,828
17,847 26,293

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,501 7,699
Amounts owed to group undertakings 244,896 228,899
Taxation and social security (58,755 ) (58,045 )
Other creditors 1,500 2,000
190,142 180,553

7. SECURED DEBTS

Loan and facilities are secured by a fixed and floating charges over the assets of the company in favour of Homes and Communities Agency (T/A Homes England)