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REGISTERED NUMBER: 04600150 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

KSJ PROPERTY LIMITED

KSJ PROPERTY LIMITED (REGISTERED NUMBER: 04600150)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KSJ PROPERTY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mrs P M Jones
K S Jones





SECRETARY: Mrs C L Noakes





REGISTERED OFFICE: New Meadow House, Weavering Street
Weavering
Maidstone
Kent
ME14 5JH





REGISTERED NUMBER: 04600150 (England and Wales)





ACCOUNTANTS: McCabe Ford Williams
Chartered Accountants
Invicta Business Centre
Monument Way
Orbital Park
Ashford
Kent
TN24 0HB

KSJ PROPERTY LIMITED (REGISTERED NUMBER: 04600150)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 - -
Investment property 6 1,920,000 1,134,738
1,920,000 1,134,738

CURRENT ASSETS
Debtors 7 37,943 332,584
Cash at bank 81,645 14,709
119,588 347,293
CREDITORS
Amounts falling due within one year 8 243,047 33,178
NET CURRENT (LIABILITIES)/ASSETS (123,459 ) 314,115
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,796,541

1,448,853

PROVISIONS FOR LIABILITIES 93,508 61,361
NET ASSETS 1,703,033 1,387,492

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,702,933 1,387,392
1,703,033 1,387,492

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

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 22 July 2025 and were signed on its behalf by:





K S Jones - Director


KSJ PROPERTY LIMITED (REGISTERED NUMBER: 04600150)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

KSJ Property 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 etc - 25% on reducing balance

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.

Going concern
The financial statements show net current liabilities at 31 December 2024. The main creditor being a director who will continue to support the company for the foreseeable future. The financial statements are therefore correctly prepared on a going concern basis

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

KSJ PROPERTY LIMITED (REGISTERED NUMBER: 04600150)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 January 2024
and 31 December 2024 385
DEPRECIATION
At 1 January 2024
and 31 December 2024 385
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 1,134,738
Additions 703,778
Disposals (210,000 )
Revaluations 291,484
At 31 December 2024 1,920,000
NET BOOK VALUE
At 31 December 2024 1,920,000
At 31 December 2023 1,134,738

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2018 274,751
Valuation in 2020 (65,001 )
Valuation in 2021 35,000
Valuation in 2022 55,000
Valuation in 2023 (25,000 )
Valuation in 2024 180,981
Cost 1,464,269
1,920,000

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

2024 2023
£    £   
Cost 1,464,269 859,988

Investment property was valued on an open market basis on 31 December 2024 by the Directors .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 37,943 65,811
Other debtors - 266,773
37,943 332,584

KSJ PROPERTY LIMITED (REGISTERED NUMBER: 04600150)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 36,337 25,034
Other creditors 206,710 8,144
243,047 33,178

9. RETAINED EARNINGS

The retained earnings at the year end is made up of distributable and non distributable reserves.
At 31 December 2024 the distributable reserves are £1,247,202, (2023 £1,130,865) and the non distributable reserves are £455,731, (2023 £256,527).