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Registration number: 15603915

Koeller Property Investments Ltd

Unaudited Filleted Financial Statements

for the Period from 29 March 2024 to 31 March 2025

 

Koeller Property Investments Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Koeller Property Investments Ltd

Company Information

Director

Mr Falk Koeller

Registered office

38 Sentrys Orchard
Exminster
Exeter
Devon
EX6 8UD

Accountants

Redwoods
Chartered Certified2 Clyst Works
Clyst Road
Topsham
Exeter
Devon
EX3 0DB

 

Koeller Property Investments Ltd

(Registration number: 15603915)
Balance Sheet as at 31 March 2025

Note

2025
£

Fixed assets

 

Tangible assets

4

1,049

Investment property

5

265,000

 

266,049

Current assets

 

Cash at bank and in hand

 

40

Creditors: Amounts falling due within one year

6

(86,224)

Net current liabilities

 

(86,184)

Total assets less current liabilities

 

179,865

Creditors: Amounts falling due after more than one year

6

(189,398)

Net liabilities

 

(9,533)

Capital and reserves

 

Retained earnings

(9,533)

Shareholders' deficit

 

(9,533)

For the financial period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 12 June 2025
 

.........................................
Mr Falk Koeller
Director

 

Koeller Property Investments Ltd

Notes to the Unaudited Financial Statements for the Period from 29 March 2024 to 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
38 Sentrys Orchard
Exminster
Exeter
Devon
EX6 8UD

These financial statements were authorised for issue by the director on 12 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Koeller Property Investments Ltd

Notes to the Unaudited Financial Statements for the Period from 29 March 2024 to 31 March 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office Equipment

25% straight line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 0.

 

Koeller Property Investments Ltd

Notes to the Unaudited Financial Statements for the Period from 29 March 2024 to 31 March 2025

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

Additions

1,399

1,399

At 31 March 2025

1,399

1,399

Depreciation

Charge for the period

350

350

At 31 March 2025

350

350

Carrying amount

At 31 March 2025

1,049

1,049

5

Investment properties

2025
£

Additions

270,304

Fair value adjustments

(5,304)

At 31 March

265,000


An independent RICS-registered surveyor valued the investment property at £265,000 on 25th February 2025.

6

Creditors

Creditors: amounts falling due within one year

Note

2025
£

Due within one year

 

Loans and borrowings

8

3,600

Accruals and deferred income

 

780

Other creditors

 

81,844

 

86,224

Creditors falling due within one year include loans which are secured of £3,600

 

Koeller Property Investments Ltd

Notes to the Unaudited Financial Statements for the Period from 29 March 2024 to 31 March 2025

Creditors: amounts falling due after more than one year

Note

2025
£

Due after one year

 

Loans and borrowings

8

189,398

Creditors falling due after more than one year include loans which are secured of £189,398

7

Share capital

Allotted, called up and fully paid shares

2025

No.

£

Ordinary shares of £1 each

100

100

   

8

Loans and borrowings

Non-current loans and borrowings

2025
£

Bank borrowings

189,398

Current loans and borrowings

2025
£

Bank borrowings

3,600