Chris Kerr Property Services Limited

(Registration number: 02839010)
Balance Sheet as at 31 December 2024

	Note	31.12.24		31.12.23
		£	£	£	£
FIXED ASSETS
Tangible assets	4		65,673		32,553
Investment property	5		975,000		975,000
			1,040,673		1,007,553
CURRENT ASSETS
Debtors	6	1,012,710		1,056,165
Cash at bank and in hand		329,612		296,600
		1,342,322		1,352,765
CREDITORS
Creditors within 1yr	7	263,962		272,733
Net current assets			1,078,360		1,080,032
Total assets less current liabilities			2,119,033		2,087,585
Creditors Amounts falling due after more than one year	7		135,356		123,228
PROVISIONS FOR LIABILITIES			(96,936)		(96,936)
Net assets			1,886,741		1,867,421
CAPITAL AND RESERVES
Called up share capital			1,000		1,000
Other reserves			507,949		507,949
Profit and loss account			1,377,792		1,358,472
Shareholders' funds			1,886,741		1,867,421

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Chris Kerr Property Services Limited

(Registration number: 02839010)
Balance Sheet as at 31 December 2024 (continued)

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

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 delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 22 September 2025

......................................... C Kerr Director

Chris Kerr Property Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

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:
77 Goldhawk Road
Shepherd's Bush
London
W12 8EH

These financial statements were authorised for issue by the director on 22 September 2025.

2.	Accounting policies

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.

The presentational currency is Pound Sterling (£).

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Government grants

Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Chris Kerr Property Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

2	Accounting policies (continued)

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible 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
Motor vehicles - 25% on reducing balance
Computer equipment - 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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3.	Staff numbers

The average number of persons employed by the company during the year, was 13 (2023 - 16).

Chris Kerr Property Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

4.	Tangible assets

	Plant and machinery etc £
Cost or valuation
At 1 January 2024	110,557
Additions	41,178
Disposals	(35,470)
At 31 December 2024	116,265
Depreciation
At 1 January 2024	78,004
Charge for the year	5,211
Eliminated on disposal	(32,623)
At 31 December 2024	50,592
Carrying amount
At 31 December 2024	65,673
At 31 December 2023	32,553

5.	Investment properties

	31.12.24 £
At 1 January	975,000
At 31 December	975,000

The properties were revalued at the year end on an open market basis by the director and fair value is represented by cost of £467,050 plus revaluation surplus of £507,950 giving a total £975,000.

6.

Debtors

Chris Kerr Property Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

6	Debtors (continued)

Current	31.12.24 £	31.12.23 £
Trade debtors	250,897	221,825
Prepayments	13,125	4,686
Other debtors	748,688	829,654
	1,012,710	1,056,165

7.

Creditors

Creditors: amounts falling due within one year

	31.12.24 £	31.12.23 £
Due within one year
Trade creditors	13,887	37,007
Taxation and social security	120,224	138,557
Other creditors	129,851	97,169
	263,962	272,733