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KLT PROPERTIES HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
KLT Properties Holdings Limited is a private company limited by shares, incorporated in England and Wales, with a company registration number of 11052117. The address of the registered office is Lodge Barn, 43 Low Road, Roydon, King's Lynn, Norfolk, PE32 1AN.
The financial statements are prepared in sterling which is the functional currency of the company and
rounded to the nearest £.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
The Company is the parent company of K L Technologies (Properties) Ltd. The directors of K L Technologies (Properties) Ltd are continually assessing the impact of the current economic climate. The directors deem it appropriate to prepare the accounts on a going concern basis.
Investments in subsidiaries are measured at cost less accumulated impairment.
Short-term debtors are measured at transaction price, less any impairment.
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Cash and cash equivalents
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Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
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The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).
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The average monthly number of employees during the year was 0 (2023 - 0).
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