Registration number: 11136355

KIW Property Investments Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

KIW Property Investments Limited

Company Information

Director

Mr Kristofor Ian Walton

Registered office

2 Hulne Avenue Tynemouth North Sheilds NE30 2SA

Accountants

RiverView Portfolio Limited 1 Market Hill Calne Wiltshire SN11 0BT

KIW Property Investments Limited

(Registration number: 11136355)
Balance Sheet as at 31 January 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	2,399	360
Investment property	6	523,000	510,963
		525,399	511,323
Current assets
Debtors	7	1,040	1,864
Cash at bank and in hand		28,381	23,404
		29,421	25,268
Creditors: Amounts falling due within one year	8	(587)	(165)
Net current assets		28,834	25,103
Total assets less current liabilities		554,233	536,426
Creditors: Amounts falling due after more than one year	8	(399,039)	(394,434)
Provisions for liabilities		(22,230)	(19,942)
Net assets		132,964	122,050
Capital and reserves
Called up share capital		1	1
Revaluation reserve		94,768	85,018
Retained earnings		38,195	37,031
Shareholders' funds		132,964	122,050

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

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 1 September 2025
 

KIW Property Investments Limited

(Registration number: 11136355)
Balance Sheet as at 31 January 2025 (continued)

......................................... Mr Kristofor Ian Walton Director

KIW Property Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Hulne Avenue
Tynemouth
North Sheilds
NE30 2SA

These financial statements were authorised for issue by the director on 1 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Investment property

The fair value of the property at 31 January 2024 has been arrived at on the basis of a valuation carried out at that date by the director of the company, who is not a professionally qualified valuer. The valuation of £510,963 was arrived at by reference to the market evidence of transaction prices for similar properties in its location the property is situated.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

KIW Property Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025 (continued)

2	Accounting policies (continued)

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2024 - 0).

4	Profit before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	-	360

KIW Property Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025 (continued)

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 February 2024	1,799	1,799
Additions	2,399	2,399
Disposals	(1,799)	(1,799)
At 31 January 2025	2,399	2,399
Depreciation
At 1 February 2024	1,439	1,439
Eliminated on disposal	(1,439)	(1,439)
At 31 January 2025	-	-
Carrying amount
At 31 January 2025	2,399	2,399
At 31 January 2024	360	360

6	Investment properties

	2025 £
At 1 February	510,963
Fair value adjustments	12,037
At 31 January	523,000

The fair value of the property at 31 January 2025 has been arrived at on the basis of a valuation carried out at that date by the director of the company, who is not a professionally qualified valuer. The valuation of £523.000 was arrived at by reference to the market evidence of transaction prices for similar properties in its location the property is situated.

7

Debtors

	2025 £	2024 £
Trade debtors	700	1,544
Prepayments	340	320
	1,040	1,864

KIW Property Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025 (continued)

8

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Accruals and deferred income	165	165
Other creditors	422	-
	587	165

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	10	399,039	394,434

9

Reserves

The changes to each component of equity resulting from items of other comprehensive income for the current year were as follows:

	Revaluation reserve £	Total £
Surplus/deficit on property, plant and equipment revaluation	9,750	9,750

The changes to each component of equity resulting from items of other comprehensive income for the prior year were as follows:

	Revaluation reserve £	Total £
Surplus/deficit on property, plant and equipment revaluation	(3,270)	(3,270)

10	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	302,208	302,208
Other borrowings	96,831	92,226
	399,039	394,434