Silverfin false false 31/03/2025 01/04/2024 31/03/2025 Charles Walter Stubbings 30/03/2021 David Stubbings 02/04/2021 Edward Kingsley Stubbings 02/04/2021 30 July 2025 The principal activity of the Company during the financial period was that of a holding company. 13302700 2025-03-31 13302700 bus:Director1 2025-03-31 13302700 bus:Director2 2025-03-31 13302700 bus:Director3 2025-03-31 13302700 2024-03-31 13302700 core:CurrentFinancialInstruments 2025-03-31 13302700 core:CurrentFinancialInstruments 2024-03-31 13302700 core:ShareCapital 2025-03-31 13302700 core:ShareCapital 2024-03-31 13302700 core:SharePremium 2025-03-31 13302700 core:SharePremium 2024-03-31 13302700 core:CostValuation 2024-03-31 13302700 core:CostValuation 2025-03-31 13302700 bus:OrdinaryShareClass1 2025-03-31 13302700 2024-04-01 2025-03-31 13302700 bus:FilletedAccounts 2024-04-01 2025-03-31 13302700 bus:SmallEntities 2024-04-01 2025-03-31 13302700 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 13302700 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13302700 bus:Director1 2024-04-01 2025-03-31 13302700 bus:Director2 2024-04-01 2025-03-31 13302700 bus:Director3 2024-04-01 2025-03-31 13302700 2023-04-01 2024-03-31 13302700 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 13302700 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 13302700 (England and Wales)

KINGSLEY LETS LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

KINGSLEY LETS LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

KINGSLEY LETS LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 March 2025
KINGSLEY LETS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 March 2025
Note 2025 2024
£ £
Fixed assets
Investments 3 992,502 992,502
992,502 992,502
Current assets
Debtors 4 2 2
2 2
Creditors: amounts falling due within one year 5 ( 2) ( 2)
Net current assets 0 0
Total assets less current liabilities 992,502 992,502
Net assets 992,502 992,502
Capital and reserves
Called-up share capital 6 100 100
Share premium account 992,402 992,402
Total shareholders' funds 992,502 992,502

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Kingsley Lets Limited (registered number: 13302700) were approved and authorised for issue by the Board of Directors on 30 July 2025. They were signed on its behalf by:

Charles Walter Stubbings
Director
KINGSLEY LETS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
KINGSLEY LETS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Kingsley Lets Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 1- 3 College Yard, Worcester, WR1 2LB, United Kingdom. The principal place of business is The Birch 59 Retreat Street, Astwood Bank, Redditch, B96 6AH, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Dividend income

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably).

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

2025 2024
Number Number
Monthly average number of persons employed by the Company during the year, including directors 3 3

3. Fixed asset investments

Investments in subsidiaries

2025
£
Cost
At 01 April 2024 992,502
At 31 March 2025 992,502
Carrying value at 31 March 2025 992,502
Carrying value at 31 March 2024 992,502

4. Debtors

2025 2024
£ £
Amounts owed by own subsidiaries 2 2

5. Creditors: amounts falling due within one year

2025 2024
£ £
Amounts owed to directors 2 2

6. Called-up share capital

2025 2024
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100

7. Related party transactions

Transactions with the entity's directors

During the year the directors maintained loan accounts with the company. At the year end the Company owed the directors £2 (2024: £2). The loans are interest free and repayable on demand.