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REGISTERED NUMBER: 07545517 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

KUDOS PROPERTY INVESTMENTS LIMITED

KUDOS PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 07545517)






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


KUDOS PROPERTY INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 February 2025







DIRECTORS: M Economides
G Economides
M A Economides





REGISTERED OFFICE: 12 Gateway Mews
Ringway
London
N11 2UT





REGISTERED NUMBER: 07545517 (England and Wales)





ACCOUNTANTS: G. George Associates Limited
Chartered Certified Accountants
12 Gateway Mews
Ring Way
London
N11 2UT

KUDOS PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 07545517)

BALANCE SHEET
28 February 2025

28.2.25 29.2.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 22,254 23,258
Investments 5 200 -
Investment property 6 15,633,108 15,773,108
15,655,562 15,796,366

CURRENT ASSETS
Debtors 7 1,795,735 867,015
Cash at bank 26,539 155,898
1,822,274 1,022,913
CREDITORS
Amounts falling due within one year 8 4,682,096 4,158,105
NET CURRENT LIABILITIES (2,859,822 ) (3,135,192 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,795,740

12,661,174

CREDITORS
Amounts falling due after more than one
year

9

(7,365,759

)

(7,417,468

)

PROVISIONS FOR LIABILITIES (638,394 ) (673,394 )
NET ASSETS 4,791,587 4,570,312

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 11 2,714,061 2,819,061
Retained earnings 2,077,426 1,751,151
SHAREHOLDERS' FUNDS 4,791,587 4,570,312

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.

KUDOS PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 07545517)

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 30 July 2025 and were signed on its behalf by:




M Economides - Director G Economides - Director




M A Economides - Director


KUDOS PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 07545517)

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

1. STATUTORY INFORMATION

Kudos Property Investments 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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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. Deferred taxation is provided on such surplus or deficit at the rate expected to apply when the property is sold.

The fair value profits on investment property is not a realised profit available for distribution. In order to differentiate the non-distributable proftits with the distributable profits of the company, any fair value movements on investment property less the deferred tax on such movements is transferred from retained earnings to fair value reserves, which is a non-distributable 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.

KUDOS PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 07545517)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2024 70,273 8,346 78,619
Additions 6,415 - 6,415
At 28 February 2025 76,688 8,346 85,034
DEPRECIATION
At 1 March 2024 49,969 5,392 55,361
Charge for year 6,680 739 7,419
At 28 February 2025 56,649 6,131 62,780
NET BOOK VALUE
At 28 February 2025 20,039 2,215 22,254
At 29 February 2024 20,304 2,954 23,258

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 200
At 28 February 2025 200
NET BOOK VALUE
At 28 February 2025 200

KUDOS PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 07545517)

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

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2024 15,773,108
Revaluations (140,000 )
At 28 February 2025 15,633,108
NET BOOK VALUE
At 28 February 2025 15,633,108
At 29 February 2024 15,773,108

Fair value at 28 February 2025 is represented by:
£   
Valuation in 2016 1,074,208
Valuation in 2017 914,924
Valuation in 2018 243,774
Valuation in 2019 221,535
Valuation in 2022 313,539
Valuation in 2023 724,475
Valuation in 2024 (140,000 )
Cost 12,280,653
15,633,108

If investment property had not been revalued it would have been included at the following historical cost:

28.2.25 29.2.24
£    £   
Cost 12,280,653 12,280,653

Investment property was valued by the directors on an open market basis at the balance sheet date.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 8,512 5,015
Other debtors 1,787,223 862,000
1,795,735 867,015

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans and overdrafts 47,801 44,559
Trade creditors 749 198
Taxation and social security 122,617 51,818
Other creditors 4,510,929 4,061,530
4,682,096 4,158,105

KUDOS PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 07545517)

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

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.25 29.2.24
£    £   
Bank loans 7,365,759 7,417,468

10. SECURED DEBTS

The following secured debts are included within creditors:

28.2.25 29.2.24
£    £   
Bank loans 7,413,560 7,462,027

11. RESERVES
Fair
value
reserve
£   
At 1 March 2024 2,819,061
Fair value movements net of deferred tax trfd
from retained earnings

(105,000

)


At 28 February 2025 2,714,061