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Company Registration No. 12209152 (England and Wales)
KMS13 Limited Unaudited accounts for the year ended 30 September 2024
KMS13 Limited Unaudited accounts Contents
Page
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KMS13 Limited Company Information for the year ended 30 September 2024
Director
Kevin Mark Smith
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
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KMS13 Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
250,000 
60,000 
Current assets
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)
Capital and reserves
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
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KMS13 Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
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.
4
Investment property
2024 
£ 
Fair value at 1 October 2023
60,000 
Additions
131,909 
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 
Accruals
1,200 
600 
56,503 
9,526 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
133,350 
84,814 
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KMS13 Limited Notes to the Accounts for the year ended 30 September 2024
7
Share capital
2024 
2023 
£ 
£ 
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).
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