KDS DEVELOPMENTS LIMITED


Directors	DJ Short
	K Short


Registered Address	12a Marlborough Place
	Brighton
	BN1 1WN


Registered Number	03838139 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		1,646,541		1,714,092
			1,646,541		1,714,092
Current assets
Debtors		2,328		1,716
		2,328		1,716
Creditors amounts falling due within one year	4	(427,639)		(76,793)
Net current assets (liabilities)			(425,311)		(75,077)
Total assets less current liabilities			1,221,230		1,639,015
Creditors amounts falling due after one year	5		(534,059)		(928,182)
Provisions for liabilities	6		(2,734)		(2,338)
Accruals and deferred income			(1,662)		(1,626)
Net assets			682,775		706,869
Capital and reserves
Called up share capital			100		100
Revaluation reserve			384,384		405,057
Profit and loss account			298,291		301,712
Shareholders' funds			682,775		706,869

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 28 May 2025, and are signed on its behalf by:

K Short
Director
Registered Company No. 03838139

KDS DEVELOPMENTS LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	Turnover represents gross income from rental of investment property and property development.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Investment property is included at fair value and depreciation is not charged in accordance with the Companies Act 2006 stipulations in relation to investment property and the revaluation model procedure laid down in Section 1A 'Small Entities' of Financial Reporting Standard 102. Gains are recognised in the income statement but are not distributable. All other fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

Investment property is included at fair value and depreciation is not charged in accordance with the Companies Act 2006 stipulations in relation to investment property and the revaluation model procedure laid down in Section 1A 'Small Entities' of Financial Reporting Standard 102. Gains are recognised in the income statement but are not distributable.

All other fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


	Reducing balance (%)	Straight line (years)
Land and buildings	-	5
Plant and machinery	10	-
Fixtures and fittings	15	-
Vehicles	20	-
Office Equipment	25	-

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 01 April 24	1,842,819	480	28,503	27,340	1,393	1,900,535
Additions	49,135	-	-	-	-	49,135
Disposals	(94,654)	-	-	-	-	(94,654)
At 31 March 25	1,797,300	480	28,503	27,340	1,393	1,855,016
Depreciation and impairment
At 01 April 24	146,201	444	19,243	19,167	1,388	186,443
Charge for year	20,818	4	1,852	1,226	1	23,901
On disposals	(1,869)	-	-	-	-	(1,869)
At 31 March 25	165,150	448	21,095	20,393	1,389	208,475
Net book value
At 31 March 25	1,632,150	32	7,408	6,947	4	1,646,541
At 31 March 24	1,696,618	36	9,260	8,173	5	1,714,092

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	4,475	-
Bank borrowings and overdrafts	293,251	2,101
Other creditors	129,913	74,692
Total	427,639	76,793

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	381,759	795,882
Other creditors	152,300	132,300
Total	534,059	928,182

6.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	2,734	2,338
Total	2,734	2,338