Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-30400000017504083true2023-12-01falseConstruction of water projects3falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13751421 2023-12-01 2024-11-30 13751421 2022-12-01 2023-11-30 13751421 2024-11-30 13751421 2023-11-30 13751421 2022-12-01 13751421 1 2023-12-01 2024-11-30 13751421 2 2023-12-01 2024-11-30 13751421 3 2023-12-01 2024-11-30 13751421 d:Director1 2023-12-01 2024-11-30 13751421 e:FreeholdInvestmentProperty 2023-12-01 2024-11-30 13751421 e:FreeholdInvestmentProperty 2024-11-30 13751421 e:FreeholdInvestmentProperty 2023-11-30 13751421 e:FreeholdInvestmentProperty 2 2023-12-01 2024-11-30 13751421 e:FreeholdInvestmentProperty 3 2023-12-01 2024-11-30 13751421 e:CurrentFinancialInstruments 2024-11-30 13751421 e:CurrentFinancialInstruments 2023-11-30 13751421 e:CurrentFinancialInstruments e:WithinOneYear 2024-11-30 13751421 e:CurrentFinancialInstruments e:WithinOneYear 2023-11-30 13751421 e:ShareCapital 2023-12-01 2024-11-30 13751421 e:ShareCapital 2024-11-30 13751421 e:ShareCapital 2022-12-01 2023-11-30 13751421 e:ShareCapital 2023-11-30 13751421 e:ShareCapital 2022-12-01 13751421 e:RetainedEarningsAccumulatedLosses 2023-12-01 2024-11-30 13751421 e:RetainedEarningsAccumulatedLosses 2024-11-30 13751421 e:RetainedEarningsAccumulatedLosses 1 2023-12-01 2024-11-30 13751421 e:RetainedEarningsAccumulatedLosses 2 2023-12-01 2024-11-30 13751421 e:RetainedEarningsAccumulatedLosses 2022-12-01 2023-11-30 13751421 e:RetainedEarningsAccumulatedLosses 2023-11-30 13751421 e:RetainedEarningsAccumulatedLosses 2022-12-01 13751421 e:TaxLossesCarry-forwardsDeferredTax 2024-11-30 13751421 e:TaxLossesCarry-forwardsDeferredTax 2023-11-30 13751421 e:OtherDeferredTax 2024-11-30 13751421 e:OtherDeferredTax 2023-11-30 13751421 d:OrdinaryShareClass1 2023-12-01 2024-11-30 13751421 d:OrdinaryShareClass1 2024-11-30 13751421 d:OrdinaryShareClass1 2023-11-30 13751421 d:FRS102 2023-12-01 2024-11-30 13751421 d:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 13751421 d:FullAccounts 2023-12-01 2024-11-30 13751421 d:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 13751421 e:Right-of-useInvestmentProperty 2023-12-01 2024-11-30 13751421 e:Right-of-useInvestmentProperty 2024-11-30 13751421 e:Right-of-useInvestmentProperty 2023-11-30 13751421 e:Right-of-useInvestmentProperty 2 2023-12-01 2024-11-30 13751421 e:Right-of-useInvestmentProperty 3 2023-12-01 2024-11-30 13751421 e:ShareCapital 1 2023-12-01 2024-11-30 13751421 e:ShareCapital 2 2023-12-01 2024-11-30 13751421 f:PoundSterling 2023-12-01 2024-11-30 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 13751421














KENT MITIGATION LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 NOVEMBER 2024

 
KENT MITIGATION LIMITED
REGISTERED NUMBER:13751421

BALANCE SHEET
AS AT 30 NOVEMBER 2024

2024
2023
Note

Fixed assets
  

Investment property
 4 
2,000,000
875,204

  
2,000,000
875,204

Current assets
  

Debtors: amounts falling due within one year
 5 
4,396
6,956

Cash at bank and in hand
 6 
482
307

  
4,878
7,263

Creditors: amounts falling due within one year
 7 
(1,362,288)
(1,187,388)

Net current liabilities
  
 
 
(1,357,410)
 
 
(1,180,125)

Total assets less current liabilities
  
642,590
(304,921)

Provisions for liabilities
  

Deferred tax
  
(191,715)
-

  
 
 
(191,715)
 
 
-

Net assets/(liabilities)
  
£450,875
£(304,921)


Capital and reserves
  

Called up share capital 
 9 
3
3

Profit and loss account
  
450,872
(304,924)

  
£450,875
£(304,921)


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 comprehensive income 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 on 8 July 2025.



Page 1

 
KENT MITIGATION LIMITED
REGISTERED NUMBER:13751421

BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2024


___________________________
T R Waitt
Director

The notes on pages 5 to 9 form part of these financial statements.

Page 2

 
KENT MITIGATION LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 NOVEMBER 2024


Called up share capital
Profit and loss account
Total equity

At 1 December 2023
3
(304,924)
(304,921)


Comprehensive income for the year

Loss for the year
-
(65,956)
(65,956)

Unrealised surplus on revaluation of investment property
-
1,095,669
1,095,669

Deferred tax on unrealised surplus on revaluation
-
(273,917)
(273,917)
Total comprehensive income for the year
-
755,796
755,796


At 30 November 2024
£3
£450,872
£450,875
Page 3

 
KENT MITIGATION LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 NOVEMBER 2023


Called up share capital
Profit and loss account
Total equity

At 1 December 2022
3
(126,537)
(126,534)


Comprehensive income for the year

Loss for the year
-
(178,387)
(178,387)
Total comprehensive income for the year
-
(178,387)
(178,387)


At 30 November 2023
£3
£(304,924)
£(304,921)


The notes on pages 5 to 9 form part of these financial statements.
Page 4

 
KENT MITIGATION LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

Kent Mitigation Limited is a private company, limited by shares, incorporated in England and
Wales. The registered company number of the company is 13751421. The registered office address is
Henwood House, Henwood, Ashford, Kent, TN24 8DH. The principal place of business address is Office C, The Beer Cart Building, Beer Cart Lane, Canterbury, Kent CT1 2NY.

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

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.

 
2.3

Borrowing costs

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

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.


Page 5

 
KENT MITIGATION LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.

 
2.7

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.

 
2.8

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.

 
2.9

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Deferred tax liabilities are also presented within provisions but are measured in accordance with the accounting policy on taxation.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees




The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

Page 6

 
KENT MITIGATION LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

4.


Investment property


Freehold investment property
Property under construc-tion
Total



Valuation


At 1 December 2023
-
875,204
875,204


Additions at cost
-
29,127
29,127


Surplus on revaluation
1,095,669
-
1,095,669


Transfers between classes
904,331
(904,331)
-



At 30 November 2024
2,000,000
-
2,000,000

The 2024 valuations were made by T R Waitt, on an open market value for existing use basis.




5.


Debtors

2024
2023


Other debtors
£4,396
£6,956



6.


Cash and cash equivalents

2024
2023

Cash at bank and in hand
£482
£307


Page 7

 
KENT MITIGATION LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

7.


Creditors: Amounts falling due within one year

2024
2023

Other loans
600,000
600,000

Trade creditors
21,360
26,971

Other creditors
566,320
412,597

Accruals and deferred income
174,608
147,820

£1,362,288
£1,187,388


The following liabilities were secured:

2024
2023



Other loans
600,000
600,000

Details of security provided:

Other loans are secured by a first legal charge over the freehold property and personal guarantees provided by the directors.


8.


Deferred taxation




2024





Credited / (charged) to profit or loss
82,202


Charged to other comprehensive income
(273,917)



At end of year
£(191,715)

The deferred taxation balance is made up as follows:

2024
2023


Tax losses carried forward
82,202
-

Fair value movements
(273,917)
-

£(191,715)
£-


9.


Share capital

2024
2023
Allotted, called up and fully paid



3 (2023 - 3) Ordinary shares of £1.00 each
£3
£3


Page 8

 
KENT MITIGATION LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

10.


Reserves

Profit and loss account

The profit and loss account comprises £821,752 (2023 - £Nil) of non-distributable reserves.


Page 9