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Company Registration No. 11920602 (England and Wales)
KASE Properties Ltd Unaudited accounts for the year ended 30 April 2025
KASE Properties Ltd Unaudited accounts Contents
Page
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KASE Properties Ltd Company Information for the year ended 30 April 2025
Directors
Aleksandar Budic Kelly Budic
Company Number
11920602 (England and Wales)
Registered Office
203 West Street Fareham Hampshire PO16 0EN United Kingdom
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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KASE Properties Ltd Accountants' report
Accountants' report to the board of directors of KASE Properties Ltd on the preparation of the unaudited statutory accounts for the year ended 30 April 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of KASE Properties Ltd for the year ended 30 April 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of KASE Properties Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of KASE Properties Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than KASE Properties Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that KASE Properties Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of KASE Properties Ltd. You consider that KASE Properties Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of KASE Properties Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense 203 West Street Fareham Hants PO16 0EN 12 May 2025
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KASE Properties Ltd Statement of financial position as at 30 April 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
444,156 
444,243 
Current assets
Debtors
409 
16 
Cash at bank and in hand
16,805 
24,285 
17,214 
24,301 
Creditors: amounts falling due within one year
(126,277)
(126,276)
Net current liabilities
(109,063)
(101,975)
Total assets less current liabilities
335,093 
342,268 
Creditors: amounts falling due after more than one year
(337,860)
(337,649)
Net (liabilities)/assets
(2,767)
4,619 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(2,867)
4,519 
Shareholders' funds
(2,767)
4,619 
For the year ending 30 April 2025 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 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 of Directors and authorised for issue on 12 May 2025 and were signed on its behalf by
Aleksandar Budic Director Company Registration No. 11920602
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KASE Properties Ltd Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
KASE Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 11920602. The registered office is 203 West Street, Fareham, Hampshire, PO16 0EN, United Kingdom.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not Depreciated
Plant & machinery
25% on reducing balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2024
443,893 
746 
444,639 
At 30 April 2025
443,893 
746 
444,639 
Depreciation
At 1 May 2024
- 
396 
396 
Charge for the year
- 
87 
87 
At 30 April 2025
- 
483 
483 
Net book value
At 30 April 2025
443,893 
263 
444,156 
At 30 April 2024
443,893 
350 
444,243 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
409 
16 
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KASE Properties Ltd Notes to the Accounts for the year ended 30 April 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Amounts owed to group undertakings and other participating interests
47,500 
47,500 
Taxes and social security
1,098 
1,098 
Loans from directors
77,679 
77,678 
126,277 
126,276 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
337,860 
337,649 
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Aleksandar Budic
Director's Loan Account
(38,840)
- 
- 
(38,840)
Kelly Budic
Director's Loan Account
(38,839)
- 
- 
(38,839)
(77,679)
- 
- 
(77,679)
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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