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REGISTERED NUMBER: 13881984 (England and Wales)























Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Kite Valley Properties Limited

Kite Valley Properties Limited (Registered number: 13881984)

Contents of the Financial Statements
for the Year Ended 31 January 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Kite Valley Properties Limited

Company Information
for the Year Ended 31 January 2025







DIRECTORS: Mr E W Crook
Mrs E A Crook
Mrs R E Meadows
Mr C A Meadows





REGISTERED OFFICE: C/O GSG Buildings Ltd.
Frank Street
Preston
Lancashire
PR1 1PB





REGISTERED NUMBER: 13881984 (England and Wales)





ACCOUNTANTS: McDade Roberts Accountants Limited
Chartered Accountants
316 Blackpool Road
Fulwood
Preston
Lancashire
PR2 3AE

Kite Valley Properties Limited (Registered number: 13881984)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,706 5,327
Investment property 5 341,232 341,232
345,938 346,559

CURRENT ASSETS
Debtors 6 2,210 4,777
Cash at bank 31,482 37,540
33,692 42,317
CREDITORS
Amounts falling due within one year 7 307,912 303,572
NET CURRENT LIABILITIES (274,220 ) (261,255 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

71,718

85,304

PROVISIONS FOR LIABILITIES 4,539 2,980
NET ASSETS 67,179 82,324

CAPITAL AND RESERVES
Called up share capital 1,004 1,004
Fair value reserve 8 40,500 40,500
Retained earnings 25,675 40,820
67,179 82,324

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

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

Kite Valley Properties Limited (Registered number: 13881984)

Balance Sheet - continued
31 January 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 June 2025 and were signed on its behalf by:





Mrs R E Meadows - Director


Kite Valley Properties Limited (Registered number: 13881984)

Notes to the Financial Statements
for the Year Ended 31 January 2025


1. STATUTORY INFORMATION

Kite Valley Properties 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 as modified by the revaluation of certain assets.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% on cost
Fixtures and fittings - 10% on cost

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 Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

Kite Valley Properties Limited (Registered number: 13881984)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 February 2024
and 31 January 2025 2,000 4,208 6,208
DEPRECIATION
At 1 February 2024 284 597 881
Charge for year 200 421 621
At 31 January 2025 484 1,018 1,502
NET BOOK VALUE
At 31 January 2025 1,516 3,190 4,706
At 31 January 2024 1,716 3,611 5,327

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2024
and 31 January 2025 341,232
NET BOOK VALUE
At 31 January 2025 341,232
At 31 January 2024 341,232

Fair value at 31 January 2025 is represented by:
£   
Valuation in 2023 340,612
Valuation in 2024 620
341,232

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade debtors 881 3,541
Other debtors 1,329 1,236
2,210 4,777

Kite Valley Properties Limited (Registered number: 13881984)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade creditors - 1
Taxation and social security 4,160 4,255
Other creditors 303,752 299,316
307,912 303,572

8. RESERVES
Fair
value
reserve
£   
At 1 February 2024
and 31 January 2025 40,500