Company Registration No. 12209152 (England and Wales)
KMS13 Limited
Unaudited accounts
for the year ended 30 September 2024
KMS13 Limited
Unaudited accounts
Contents
KMS13 Limited
Company Information
for the year ended 30 September 2024
Company Number
12209152 (England and Wales)
Registered Office
22 The Mount
Thornes
Wakefield
West Yorkshire
WF2 8QP
England
Accountants
Sleek Accounting Ltd
4th Floor
205 Regent Street
London
W1B 4HB
KMS13 Limited
Statement of financial position
as at 30 September 2024
Investment property
250,000
60,000
Cash at bank and in hand
111
25,655
Creditors: amounts falling due within one year
(56,503)
(9,526)
Net current (liabilities)/assets
(56,392)
16,129
Total assets less current liabilities
193,608
76,129
Creditors: amounts falling due after more than one year
(133,350)
(84,814)
Provisions for liabilities
Deferred tax
(13,452)
(4,006)
Net assets/(liabilities)
46,806
(12,691)
Called up share capital
1
1
Revaluation reserve
-
6,033
Profit and loss account
46,805
(18,725)
Shareholders' funds
46,806
(12,691)
For the year ending 30 September 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 June 2025 and were signed on its behalf by
Kevin Mark Smith
Director
Company Registration No. 12209152
KMS13 Limited
Notes to the Accounts
for the year ended 30 September 2024
KMS13 Limited is a private company, limited by shares, registered in England and Wales, registration number 12209152. The registered office is 22 The Mount, Thornes, Wakefield, West Yorkshire, WF2 8QP, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 October 2023
60,000
Net gain from fair value adjustments
58,091
At 30 September 2024
250,000
Investment property comprises properties held by the company for rental income purposes. The fair value of the investment property has been arrived at on the basis of a valuation carried out by the director. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
55,303
8,926
6
Creditors: amounts falling due after more than one year
2024
2023
KMS13 Limited
Notes to the Accounts
for the year ended 30 September 2024
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).