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Registered number: 12680089
KCP Investments Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12680089
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 243,525 240,000
243,525 240,000
CURRENT ASSETS
Debtors 5 452 100
Cash at bank and in hand 5,123 2,710
5,575 2,810
Creditors: Amounts Falling Due Within One Year 6 (74,615 ) (83,933 )
NET CURRENT ASSETS (LIABILITIES) (69,040 ) (81,123 )
TOTAL ASSETS LESS CURRENT LIABILITIES 174,485 158,877
Creditors: Amounts Falling Due After More Than One Year 7 (149,940 ) (149,940 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,720 ) (3,369 )
NET ASSETS 20,825 5,568
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 20,725 5,468
SHAREHOLDERS' FUNDS 20,825 5,568
Page 1
Page 2
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Miss Chloe Bodimeade
Director
13/05/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
KCP Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12680089 . The registered office is 1 Derwent Business Centre, Clarke Street, Derby, DE1 2BU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Straight Line
2.4. Investment Properties
Investment properties are measured at fair value determined annually and adjusted if necessary for any difference in the nature, location or condition of the specific asset. The fair value of property was obtained from an online property resource company and has not been based on a valuation by an independent valuer with a professional qualification.
Changes in fair value are recognised in the profit and loss account.
2.5. Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Investment Properties Plant & Machinery Total
£ £ £
Cost or Valuation
As at 1 July 2023 240,000 - 240,000
Additions 1,155 700 1,855
Revaluation 1,845 - 1,845
As at 30 June 2024 243,000 700 243,700
Depreciation
As at 1 July 2023 - - -
Provided during the period - 175 175
As at 30 June 2024 - 175 175
Net Book Value
As at 30 June 2024 243,000 525 243,525
As at 1 July 2023 240,000 - 240,000
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 352 -
Other debtors 100 100
452 100
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 1,054 -
Other creditors 450 450
Accruals and deferred income 210 -
Directors' loan accounts 72,901 83,483
74,615 83,933
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 149,940 149,940
8. Secured Creditors
Of the creditors falling due within and after more than one year the following amount is secured by a fixed charge over the investment property. The mortgage is interest only with terms of 25 years.
2024 2023
£ £
Bank loans and overdrafts 149,940 149,940
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4