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REGISTERED NUMBER: 05343834 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

K&J PROPERTY DEVELOPMENT LTD

K&J PROPERTY DEVELOPMENT LTD (REGISTERED NUMBER: 05343834)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


K&J PROPERTY DEVELOPMENT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2025







DIRECTORS: K Martin
Mrs J Martin





SECRETARY: Mrs J Martin





REGISTERED OFFICE: 6 Green Lane Business Park
238 Green Lane
New Eltham
London
SE9 3TL





REGISTERED NUMBER: 05343834 (England and Wales)





ACCOUNTANTS: Andrew Cross & Co.
Chartered Certified Accountants
6 Green Lane Business Park
238 Green Lane
New Eltham
London
SE9 3TL

K&J PROPERTY DEVELOPMENT LTD (REGISTERED NUMBER: 05343834)

BALANCE SHEET
28 FEBRUARY 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 285,666 265,909
285,666 265,909

CURRENT ASSETS
Stocks 2,932 52,828
Debtors 6 63,071 423
Cash at bank 452,275 338,890
518,278 392,141
CREDITORS
Amounts falling due within one year 7 327,073 294,874
NET CURRENT ASSETS 191,205 97,267
TOTAL ASSETS LESS CURRENT
LIABILITIES

476,871

363,176

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 476,771 363,076
SHAREHOLDERS' FUNDS 476,871 363,176

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

K&J PROPERTY DEVELOPMENT LTD (REGISTERED NUMBER: 05343834)

BALANCE SHEET - continued
28 FEBRUARY 2025


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 23 May 2025 and were signed on its behalf by:





K Martin - Director


K&J PROPERTY DEVELOPMENT LTD (REGISTERED NUMBER: 05343834)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1. STATUTORY INFORMATION

K&J Property Development 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2024
and 28 February 2025 5,000
AMORTISATION
At 1 March 2024
and 28 February 2025 5,000
NET BOOK VALUE
At 28 February 2025 -
At 29 February 2024 -

K&J PROPERTY DEVELOPMENT LTD (REGISTERED NUMBER: 05343834)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

5. TANGIBLE FIXED ASSETS
Freehold Motor
property vehicles Totals
£    £    £   
COST
At 1 March 2024 250,957 47,255 298,212
Additions - 26,495 26,495
At 28 February 2025 250,957 73,750 324,707
DEPRECIATION
At 1 March 2024 - 32,303 32,303
Charge for year - 6,738 6,738
At 28 February 2025 - 39,041 39,041
NET BOOK VALUE
At 28 February 2025 250,957 34,709 285,666
At 29 February 2024 250,957 14,952 265,909

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 60,704 -
Other debtors 2,367 423
63,071 423

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 6,414 12,687
Tax 52,168 33,055
VAT 15,792 5,518
Directors' current accounts 233,870 239,662
Accrued expenses 18,829 3,952
327,073 294,874

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100

K&J PROPERTY DEVELOPMENT LTD (REGISTERED NUMBER: 05343834)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

9. RESERVES
Retained
earnings
£   

At 1 March 2024 363,076
Profit for the year 153,695
Dividends (40,000 )
At 28 February 2025 476,771