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REGISTERED NUMBER: 03377205


Unaudited Financial Statements for the Year Ended 30 September 2024

for

K M P Investments Limited

K M P Investments Limited (Registered number: 03377205)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


K M P Investments Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mahesh Kanubhai Patel
Mukesh Kanubhai Patel
Viresh Mukesh Patel
Niral Narendra Patel
Vishal Narendra Patel





SECRETARY: Mukesh Kanubhai Patel





REGISTERED OFFICE: C/o KMP Group
2nd Floor, Compton House
29-33 Church Road
Stanmore
Middlesex
HA7 4AR





REGISTERED NUMBER: 03377205





ACCOUNTANTS: Andrew Murray & Co
Business Advisors and Statutory Auditors
144-146 Kings Cross Road
King's Cross
WC1X 9DU

K M P Investments Limited (Registered number: 03377205)

Statement of Financial Position
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5 7
Investment property 5 4,000,000 1,750,000
4,000,005 1,750,007

CURRENT ASSETS
Debtors 6 1,512,816 1,478,373
Cash at bank 115,789 80,722
1,628,605 1,559,095
CREDITORS
Amounts falling due within one year 7 1,020,083 998,668
NET CURRENT ASSETS 608,522 560,427
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,608,527

2,310,434

PROVISIONS FOR LIABILITIES 8 655,947 93,447
NET ASSETS 3,952,580 2,216,987

CAPITAL AND RESERVES
Called up share capital 600 600
Non-distributable reserves 2,554,941 867,441
Retained earnings 1,397,039 1,348,946
SHAREHOLDER FUNDS 3,952,580 2,216,987

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

K M P Investments Limited (Registered number: 03377205)

Statement of Financial Position - continued
30 September 2024


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 authorised for issue by the Board of Directors and authorised for issue on 12 June 2025 and were signed on its behalf by:





Viresh Mukesh Patel - Director


K M P Investments Limited (Registered number: 03377205)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

K M P Investments Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents rentals receivable in respect of properties and is attributable to the company's principal activity. Rents are invoiced quarterly. Rental income is recognised for the period to which it relates.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts which are an integral part of the company's cash management.

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 statement of financial position date.


K M P Investments Limited (Registered number: 03377205)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 October 2023
and 30 September 2024 3,331
DEPRECIATION
At 1 October 2023 3,324
Charge for year 2
At 30 September 2024 3,326
NET BOOK VALUE
At 30 September 2024 5
At 30 September 2023 7

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 1,750,000
Revaluations 2,250,000
At 30 September 2024 4,000,000
NET BOOK VALUE
At 30 September 2024 4,000,000
At 30 September 2023 1,750,000

The investment property was revalued by Cushman & Wakefield on 10/08/2023 and in the opinion of the directors the fair value of the investment property, as at balance sheet date, is not significantly different from the book value.

K M P Investments Limited (Registered number: 03377205)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. INVESTMENT PROPERTY - continued

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2016 1,139,388
Valuation in 2020 (178,500 )
Valuation in 2023 2,250,000
Cost 789,112
4,000,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other debtors 28,802 28,373
Due from related companies 1,484,014 1,450,000
1,512,816 1,478,373

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 3,346 12,174
Corporation Tax 16,320 17,962
Social security and other taxes 1,638 1,241
VAT 44,405 11,346
Other creditors 105,000 105,000
Sundry Creditors 728,802 728,373
Accrued expenses 120,572 122,572
1,020,083 998,668

8. PROVISIONS FOR LIABILITIES
30.9.24 30.9.23
£    £   
Deferred tax 655,947 93,447

Deferred
tax
£   
Balance at 1 October 2023 93,447
Provided during year 562,500
Balance at 30 September 2024 655,947

9. RELATED PARTY DISCLOSURES

At the year end the company was owed £1,484,014 (2023: £1,450,000) by KMP Propfin Ltd, a company related by virtue of common control. This loan is non-interest bearing and payable on demand.

Natwest Bank Plc has a fixed and floating charge over all company assets and undertakings against a loan advanced to KMP Propfin Ltd, a company under common control.

K M P Investments Limited (Registered number: 03377205)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is not known.