14 Kidderpore Gardens Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

Registered number: 04095068

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		28,364		28,364

			28,364		28,364
CURRENT ASSETS
Debtors	5	1,684		60

		1,684		60
Creditors: Amounts Falling Due Within One Year	6	(30,382 )		(30,370 )

NET CURRENT ASSETS (LIABILITIES)			(28,698 )		(30,310 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(334 )		(1,946 )

NET LIABILITIES			(334 )		(1,946 )

CAPITAL AND RESERVES
Called up share capital	7		2		2
Other reserves			-		(1,997 )
Profit and Loss Account			(336 )		49

SHAREHOLDERS' FUNDS			(334)		(1,946)

For the year ending 30 September 2024 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

The financial statements were approved by the board of directors on 19 September 2025 and were signed on its behalf by:

Mr Amar Dani

Director

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

14 Kidderpore Gardens Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04095068 . The registered office is 14 Kidderpore Gardens, London, NW3 7SR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland " ("FRS 102") and requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in £, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention with the exception of investment properties which are measured at fair value.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover comprises the invoiced value of ground rent.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

No depreciation

2.5. Financial Instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to release the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, other loans and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

...CONTINUED

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14 Kidderpore Gardens Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2024

2.5. Financial Instruments - continued

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest rate method.

2.6. Taxation

Corporation tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

2.7.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as laibilities once they are no longer at the discretion of the company.

2.8.

Cash at bank and in hand

Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short tem liquid investments with original maturity of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

2.9. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 1 October 2023	28,364

As at 30 September 2024	28,364

Net Book Value
As at 30 September 2024	28,364

As at 1 October 2023	28,364

Freehold property known as 14 Kidderpore Gardens, London NW3. Freehold property is measured at fair value.

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14 Kidderpore Gardens Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2024

5. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	1,684	60

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Corporation tax	-	78
Accruals and deferred income	2,040	1,950
Shareholders Loan	28,342	28,342

	30,382	30,370

7. Share Capital

	2024	2023
Allotted, called up and fully paid	£	£
2 Ordinary Shares of £ 1 each	2	2

8. Related Party Transactions

Mrs F Bromfield and Mr A Dani

Directors & shareholders

At the balance sheet date, the company owed £14,171 to Mr Nakul Balwant Sharma and Mrs Deepti Arun Patankar and £14,171 to Mr Amar Dani.

9. Ultimate Controlling Party

The company's ultimate controlling party are Mrs Farideh Bromfield and Mr Amar Dani by virtue of their ownership of 100% of the issued share capital in the company.

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