REGISTERED NUMBER: 15604350 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD

30 MARCH 2024 TO 31 DECEMBER 2024

FOR

KPD 79 LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

Director:

M A Gilbert

Registered office:

Dickens House

Guithavon Street

Witham

Essex

CM8 1BJ

Registered number:

15604350 (England and Wales)

Senior statutory auditor:

Steven Collins

Auditors:

Baverstocks Limited

Statutory Auditor

Chartered Certified Accountants

Dickens House

Guithavon Street

Witham

Essex

CM8 1BJ

Fixed assets

Tangible assets

4

5,696,373

Current assets

Debtors

853,561

Cash at bank

2,088

855,649

Creditors

Amounts falling due within one year

6,710,866

Net current liabilities

(5,855,217

)

Total assets less current liabilities

(158,844

)

Provisions for liabilities

49,604

Net liabilities

(208,448

)

Capital and reserves

Called up share capital

100

Retained earnings

(208,548

)

(208,448

)

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2025 and were signed by:

M A Gilbert - Director

1.	Statutory information

KPD 79 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.

Critical accounting judgements and key sources of estimation uncertainty

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

There are no estimates and assumptions that have a significant risk of causing material adjustment in the financial statements.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and Machinery

-

25% on cost

Aircraft

-

8% on reducing balance

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern

The financial statements have been prepared on a going concern basis, the validity of which depends upon the continued support of the parent company. In the event that the company could not continue on a going concern basis then adjustments would have to be made to reduce the value of assets to their recoverable amounts, provide for any further liabilities that might arise and to reclassify fixed assets as current assets.

3.	Employees and directors

The average number of employees during the period was NIL.

4.	Tangible fixed assets

Totals

£

Cost

Additions

5,774,285

At 31 December 2024

5,774,285

Depreciation

Charge for period

77,912

At 31 December 2024

77,912

Net book value

At 31 December 2024

5,696,373

5.	Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the Auditors was unqualified.

Steven Collins (Senior Statutory Auditor)

for and on behalf of Baverstocks Limited

6.	Ultimate controlling party

The ultimate parent company who prepare group accounts is Rail Op Holdings Limited. The consolidated accounts are available from the company's registered office.