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REGISTERED NUMBER: 12885008 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

KAPA PROPERTIES LTD

KAPA PROPERTIES LTD (REGISTERED NUMBER: 12885008)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KAPA PROPERTIES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: K D Deva
A R Prajapati





REGISTERED OFFICE: 5 West Drive
Sonning
Reading
RG4 6GE





REGISTERED NUMBER: 12885008 (England and Wales)





ACCOUNTANTS: Sage & Co
Chartered Accountants
40 High Street
Northwood
Middlesex
HA6 1BN

KAPA PROPERTIES LTD (REGISTERED NUMBER: 12885008)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Investment property 4 1,455,000 1,430,000

CURRENT ASSETS
Debtors 5 8,578 11,360
Cash at bank 17,384 3,397
25,962 14,757
CREDITORS
Amounts falling due within one year 6 338,692 597,552
NET CURRENT LIABILITIES (312,730 ) (582,795 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,142,270

847,205

CREDITORS
Amounts falling due after more than
one year

7

(728,784

)

(483,784

)

PROVISIONS FOR LIABILITIES (63,879 ) (92,283 )
NET ASSETS 349,607 271,138

CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 281,636 258,231
Retained earnings 67,871 12,807
SHAREHOLDERS' FUNDS 349,607 271,138

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.

KAPA PROPERTIES LTD (REGISTERED NUMBER: 12885008)

BALANCE SHEET - 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 approved by the Board of Directors and authorised for issue on 25 June 2025 and were signed on its behalf by:





K D Deva - Director


KAPA PROPERTIES LTD (REGISTERED NUMBER: 12885008)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Kapa Properties Ltd 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.

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.

Investment property
Investment property is shown at most recent valuation determined by the directors. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. The surplus or deficit, net of deferred tax, is subsequently transferred to a separate revaluation reserve.

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.

Other operating income
Other operating income represents rent receivable from the letting of properties.

KAPA PROPERTIES LTD (REGISTERED NUMBER: 12885008)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 1,430,000
Revaluations 25,000
At 30 September 2024 1,455,000
NET BOOK VALUE
At 30 September 2024 1,455,000
At 30 September 2023 1,430,000

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2022 349,134
Valuation in 2023 1,380
Valuation in 2024 25,000
Cost 1,079,486
1,455,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,729 620
Other debtors - 400
Prepayments and accrued income 5,849 10,340
8,578 11,360

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 26 204
Tax 6,114 5,620
Other creditors 10,444 7,333
Directors' current accounts 320,308 582,595
Accruals and deferred income 1,800 1,800
338,692 597,552

KAPA PROPERTIES LTD (REGISTERED NUMBER: 12885008)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans more 5 yrs non-inst 728,784 483,784

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 728,784 483,784

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 728,784 483,784

The bank loans are secured over the company's investment properties.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Revaluation
reserve
£   
At 1 October 2023 258,231
Transfer 23,405

At 30 September 2024 281,636