IRIS Accounts Production v25.1.3.33 14416884 Board of Directors Board of Directors 1.11.23 31.10.24 31.10.24 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh144168842023-10-31144168842024-10-31144168842023-11-012024-10-31144168842022-10-12144168842022-10-132023-10-31144168842023-10-3114416884ns15:EnglandWales2023-11-012024-10-3114416884ns14:PoundSterling2023-11-012024-10-3114416884ns10:Director12023-11-012024-10-3114416884ns10:Director22023-11-012024-10-3114416884ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3114416884ns10:SmallEntities2023-11-012024-10-3114416884ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3114416884ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3114416884ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3114416884ns10:FullAccounts2023-11-012024-10-3114416884ns10:RegisteredOffice2023-11-012024-10-3114416884ns5:CurrentFinancialInstruments2024-10-3114416884ns5:CurrentFinancialInstruments2023-10-3114416884ns5:ShareCapital2024-10-3114416884ns5:ShareCapital2023-10-3114416884ns5:FurtherSpecificReserve3ComponentTotalEquity2024-10-3114416884ns5:FurtherSpecificReserve3ComponentTotalEquity2023-10-3114416884ns5:RetainedEarningsAccumulatedLosses2024-10-3114416884ns5:RetainedEarningsAccumulatedLosses2023-10-31
REGISTERED NUMBER: 14416884 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

PK & KP Limited

PK & KP Limited (Registered number: 14416884)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PK & KP Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: Mr K Punia
Dr P Kumar





REGISTERED OFFICE: Broom House
39/43 London Road
Hadleigh, Benfleet
Essex
SS7 2QL





REGISTERED NUMBER: 14416884 (England and Wales)





ACCOUNTANTS: BPSL
Brooms Professional Services Limited
Chartered Certified Accountants
Broom House
39/43 London Road
Hadleigh, Benfleet
Essex
SS7 2QL

PK & KP Limited (Registered number: 14416884)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Investment property 4 860,782 685,782

CURRENT ASSETS
Debtors 5 321 -
Cash at bank 68,451 77,815
68,772 77,815
CREDITORS
Amounts falling due within one year 6 734,786 757,237
NET CURRENT LIABILITIES (666,014 ) (679,422 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

194,768

6,360

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 7 175,000 -
Retained earnings 19,668 6,260
SHAREHOLDERS' FUNDS 194,768 6,360

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

PK & KP Limited (Registered number: 14416884)

Balance Sheet - continued
31 October 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 approved by the Board of Directors and authorised for issue on 29 May 2025 and were signed on its behalf by:




Dr P Kumar - Director



Mr K Punia - Director


PK & KP Limited (Registered number: 14416884)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

PK & KP Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

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.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

PK & KP Limited (Registered number: 14416884)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023 685,782
Additions 175,000
At 31 October 2024 860,782
NET BOOK VALUE
At 31 October 2024 860,782
At 31 October 2023 685,782

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Prepayments and accrued income 321 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Tax 3,145 1,468
Other creditors 1,050 -
Directors' current accounts 727,829 754,329
Accrued expenses 2,762 1,440
734,786 757,237

7. RESERVES
Fair
value
reserve
£   
Fair Value Revaluation Reserve 175,000

At 31 October 2024 175,000