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REGISTERED NUMBER: 11549247 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

KIRKSTONES INVESTMENT GROUP LIMITED
KIRKSTONES INVESTMENT GROUP LIMITED (REGISTERED NUMBER: 11549247)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KIRKSTONES INVESTMENT GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: T J Loy
G W R Loy





REGISTERED OFFICE: 34 Falsgrave Road
Scarborough
North Yorkshire
YO12 5AT





REGISTERED NUMBER: 11549247 (England and Wales)





ACCOUNTANTS: Lloyd Dowson Limited
Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ
Page 1
KIRKSTONES INVESTMENT GROUP LIMITED (REGISTERED NUMBER: 11549247)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 76,859 95,401
Investment property 5 4,382,000 4,663,000
4,458,859 4,758,401

CURRENT ASSETS
Debtors 6 700,536 248,023
Cash at bank 353,694 80,142
1,054,230 328,165
CREDITORS
Amounts falling due within one year 7 4,417,872 4,731,951
NET CURRENT LIABILITIES (3,363,642 ) (4,403,786 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,095,217
354,615

CREDITORS
Amounts falling due after more than one
year
8
(672,656
)
-

PROVISIONS FOR LIABILITIES (99,256 ) (91,133 )
NET ASSETS 323,305 263,482

CAPITAL AND RESERVES
Called up share capital 10 70 70
Non distributable reserve 11 254,472 273,397
Retained earnings 68,763 (9,985 )
SHAREHOLDERS' FUNDS 323,305 263,482

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 notes form part of these financial statements

Page 2 continued...
KIRKSTONES INVESTMENT GROUP LIMITED (REGISTERED NUMBER: 11549247)

BALANCE SHEET - continued
31 DECEMBER 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:




T J Loy - Director



G W R Loy - Director


The notes form part of these financial statements

Page 3
KIRKSTONES INVESTMENT GROUP LIMITED (REGISTERED NUMBER: 11549247)

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

1. STATUTORY INFORMATION

Kirkstones Investment Group 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is relates to residential and holiday letting and is recognised when the service is provided.

Tangible fixed 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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the statement of comprehensive income.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the statement of comprehensive income on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company has implemented auto-enrolment pension in respect of all employees. Contributions are charged to the statement of income in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 January 2024 128,034
Additions 5,833
At 31 December 2024 133,867
DEPRECIATION
At 1 January 2024 32,633
Charge for year 24,375
At 31 December 2024 57,008
NET BOOK VALUE
At 31 December 2024 76,859
At 31 December 2023 95,401

Page 4 continued...
KIRKSTONES INVESTMENT GROUP LIMITED (REGISTERED NUMBER: 11549247)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 4,663,000
Disposals (290,000 )
Revaluations 9,000
At 31 December 2024 4,382,000
NET BOOK VALUE
At 31 December 2024 4,382,000
At 31 December 2023 4,663,000

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2021 229,950
Valuation in 2022 49,000
Valuation in 2023 46,563
Valuation in 2024 9,000
Cost 4,047,487
4,382,000

If investment property had not been revalued 2024 would have been included at the following historical cost:

31.12.24 31.12.23
£    £   
Cost 4,047,487 4,298,469

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

6. DEBTORS
31.12.24 31.12.23
£    £   
Amounts falling due within one year:
Trade debtors 4,550 2,679
Other debtors 81,403 68,261
85,953 70,940

Amounts falling due after more than one year:
Other debtors 614,583 177,083

Aggregate amounts 700,536 248,023

Page 5 continued...
KIRKSTONES INVESTMENT GROUP LIMITED (REGISTERED NUMBER: 11549247)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 1,986 4,565
Taxation and social security 2,555 6,317
Other creditors 4,413,331 4,721,069
4,417,872 4,731,951

8. CREDITORS MORE THAN ONE YEAR
31.12.24 31.12.23
£    £   
Other creditors 672,656 -

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans 672,656 -

9. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Other loans 672,656 -

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
10 A Ordinary £1 10 10
10 B Ordinary £1 10 10
10 C Ordinary £1 10 10
10 D Ordinary £1 10 10
10 E Ordinary £1 10 10
10 F Ordinary £1 10 10
10 G Ordinary £1 10 10
70 70

11. RESERVES
Non
distributable
reserve
£   
At 1 January 2024 273,397
Revaluation in the year, net of deferred tax (18,925 )

At 31 December 2024 254,472

Page 6