Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-312024-04-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 00945401 2024-04-01 2025-03-31 00945401 2023-04-01 2024-03-31 00945401 2025-03-31 00945401 2024-03-31 00945401 c:Director1 2024-04-01 2025-03-31 00945401 c:Director3 2024-04-01 2025-03-31 00945401 d:FurnitureFittings 2024-04-01 2025-03-31 00945401 d:FurnitureFittings 2025-03-31 00945401 d:FurnitureFittings 2024-03-31 00945401 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 00945401 d:ComputerEquipment 2024-04-01 2025-03-31 00945401 d:ComputerEquipment 2025-03-31 00945401 d:ComputerEquipment 2024-03-31 00945401 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 00945401 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 00945401 d:FreeholdInvestmentProperty 2025-03-31 00945401 d:FreeholdInvestmentProperty 2024-03-31 00945401 d:CurrentFinancialInstruments 2025-03-31 00945401 d:CurrentFinancialInstruments 2024-03-31 00945401 d:Non-currentFinancialInstruments 2025-03-31 00945401 d:Non-currentFinancialInstruments 2024-03-31 00945401 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 00945401 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 00945401 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 00945401 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 00945401 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2025-03-31 00945401 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-03-31 00945401 d:ShareCapital 2025-03-31 00945401 d:ShareCapital 2024-03-31 00945401 d:InvestmentPropertiesRevaluationReserve 2025-03-31 00945401 d:InvestmentPropertiesRevaluationReserve 2024-03-31 00945401 d:RetainedEarningsAccumulatedLosses 2025-03-31 00945401 d:RetainedEarningsAccumulatedLosses 2024-03-31 00945401 c:FRS102 2024-04-01 2025-03-31 00945401 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 00945401 c:FullAccounts 2024-04-01 2025-03-31 00945401 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 00945401 2 2024-04-01 2025-03-31 00945401 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 00945401









KEJEN PROPERTIES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
KEJEN PROPERTIES LIMITED
REGISTERED NUMBER: 00945401

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2025
2024
2024
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
4,197
5,597

Investment property
 5 
1,600,000
1,600,000

  
1,604,197
1,605,597

Current assets
  

Debtors: amounts falling due within one year
 6 
18,351
7,366

Cash at bank and in hand
 7 
1,103
3,472

  
19,454
10,838

Creditors: amounts falling due within one year
 8 
(28,620)
(33,090)

Net current liabilities
  
 
 
(9,166)
 
 
(22,252)

Total assets less current liabilities
  
1,595,031
1,583,345

Creditors: amounts falling due after more than one year
 9 
(585,000)
(585,000)

  

Net assets
  
1,010,031
998,345


Capital and reserves
  

Called up share capital 
  
900
900

Investment property reserve
  
42,442
42,442

Profit and loss account
  
966,689
955,003

  
1,010,031
998,345


Page 1

 
KEJEN PROPERTIES LIMITED
REGISTERED NUMBER: 00945401
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
K Fraser
................................................
J Kreser
Director
Director


Date: 4 August 2025
Date:4 August 2025

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
KEJEN PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

Kejen Properties Limited is a private company limited by shares. The company is incorporated in England and the address of its registered office is Aston House, Cornwall Avenue, London, N3 1LF. The registered number is 00945401. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
KEJEN PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures & fittings
-
25% Reducing balance
Computer equipment
-
25% Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 
KEJEN PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.8

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.12

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

Page 5

 
KEJEN PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

4.


Tangible fixed assets





Fixtures & fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 April 2024
37,419
1,674
39,093



At 31 March 2025

37,419
1,674
39,093



Depreciation


At 1 April 2024
31,945
1,551
33,496


Charge for the year on owned assets
1,369
31
1,400



At 31 March 2025

33,314
1,582
34,896



Net book value



At 31 March 2025
4,105
92
4,197



At 31 March 2024
5,474
123
5,597


5.


Investment property


Freehold investment property

£



Valuation


At 1 April 2024
1,600,000



At 31 March 2025
1,600,000

The 2025 valuations were made by the directors, on an open market value for existing use basis.

2025
2024
£
£

Revaluation reserves


At 1 April 2024
42,442
42,442

At 31 March 2025
42,442
42,442




Page 6

 
KEJEN PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

6.


Debtors

2025
2024
£
£


Other debtors
10,259
-

Prepayments and accrued income
8,092
7,366

18,351
7,366



7.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
1,103
3,472

1,103
3,472



8.


Creditors: Amounts falling due within one year

2025
2024
£
£

Corporation tax
2,474
-

Other creditors
21,946
28,890

Accruals and deferred income
4,200
4,200

28,620
33,090



9.


Creditors: Amounts falling due after more than one year

2025
2024
£
£

Bank loans
535,000
535,000

Other creditors
50,000
50,000

585,000
585,000


Page 7

 
KEJEN PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

10.


Loans


2025
2024
£
£




Amounts falling due after more than 5 years

Bank loans
535,000
535,000

535,000
535,000

535,000
535,000


 
Page 8