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Company registration number: 09442809
K W Properties Limited
Unaudited filleted financial statements
30 June 2025
K W Properties Limited
Contents
Directors and other information
Accountants report
Statement of financial position
Notes to the financial statements
K W Properties Limited
Directors and other information

| Directors | Mr Simon Beadle
|  | Mr Daniel Beadle
| Company number | 09442809
| Registered office | Hutton Moor Farm
|  | Hutton Conyers
|  | Ripon
|  | North Yorkshire
|  | HG4 5LZ
| Business address | Hutton Moor Farm
|  | Hutton Conyers
|  | Ripon
|  | North Yorkshire
|  | HG4 5LZ
| Accountants | The Barker Partnership Ltd
|  | 24 High Street
|  | Pateley Bridge
|  | Harrogate
|  | North Yorkshire
|  | HG3 5JU

K W Properties Limited
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of K W Properties Limited
Year ended 30 June 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of K W Properties Limited for the year ended 30 June 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the board of directors of K W Properties Limited, as a body, in accordance with the terms of our engagement letter dated 7 June 2023. Our work has been undertaken solely to prepare for your approval the financial statements of K W Properties Limited and state those matters that we have agreed to state to the board of directors of K W Properties Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than K W Properties Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that K W Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of K W Properties Limited. You consider that K W Properties Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of K W Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
The Barker Partnership Ltd
Chartered Accountants
24 High Street
Pateley Bridge
Harrogate
North Yorkshire
HG3 5JU
23 September 2025
K W Properties Limited
Statement of financial position
30 June 2025

|  |  | 2025 |  |  |  | 2024 |  |
|  | Note | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |  |
Investments |  | 5 | 959,942 |  |  |  | 959,942 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  |  |  | 959,942 |  |  |  | 959,942
Current assets |  |  |  |  |  |  |  |  |
Debtors |  | 6 | 2,564 |  |  |  | 2,370 |  |
Cash at bank and in hand |  |  | 73,182 |  |  |  | 57,356 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  | 75,746 |  |  |  | 59,726 |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  | 7 | ( 703,894) |  |  |  | ( 704,391) |  |
|  |  | _______ |  |  |  | _______ |  |
Net current liabilities |  |  |  |  | ( 628,148) |  |  |  | ( 644,665)
|  |  |  |  | _______ |  |  |  | _______
Total assets less current liabilities |  |  |  |  | 331,794 |  |  |  | 315,277
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
after more than one year |  | 8 |  |  | ( 146,145) |  |  |  | ( 150,810)
|  |  |  |  | _______ |  |  |  | _______
Net assets |  |  |  |  | 185,649 |  |  |  | 164,467
|  |  |  |  | _______ |  |  |  | _______
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  | 100 |  |  |  | 100
Revaluation reserve |  |  |  |  | 2,970 |  |  |  | 2,970
Profit and loss account |  |  |  |  | 182,579 |  |  |  | 161,397
|  |  |  |  | _______ |  |  |  | _______
Shareholders funds |  |  |  |  | 185,649 |  |  |  | 164,467
|  |  |  |  | _______ |  |  |  | _______

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 23 September 2025 , and are signed on behalf of the board by:
Mr Simon Beadle Mr Daniel Beadle
Director Director
Company registration number: 09442809
K W Properties Limited
Notes to the financial statements
Year ended 30 June 2025
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is K W Properties Limited, Hutton Moor Farm, Hutton Conyers, Ripon, North Yorkshire, HG4 5LZ.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).
The average monthly number of persons (including directors) employed by the company during the year was
5. Investments

|  | Other investments other than loans | Total |  |  |  |
|  | £ | £ |  |  |  |
| Cost |  |  |  |  |  |
| At 1 July 2024 and 30 June 2025 | 959,942 | 959,942 |  |  |  |
|  | _______ | _______ |  |  |  |
| Impairment |  |  |  |  |  |
| At 1 July 2024 and 30 June 2025 | - | - |  |  |  |
|  | _______ | _______ |  |  |  |
| Carrying amount |  |  |  |  |  |
| At 30 June 2025 | 959,942 | 959,942 |  |  |  |
|  | _______ | _______ |  |  |  |
| At 30 June 2024 | 959,942 | 959,942 |  |  |  |
|  | _______ | _______ |  |  |  |

6. Debtors

|  |  | 2025 | 2024
|  |  | £ | £
| Trade debtors |  | 2,070 | 995
| Other debtors |  | 494 | 1,375
|  |  | _______ | _______
|  |  | 2,564 | 2,370
|  |  | _______ | _______

7. Creditors: amounts falling due within one year

|  |  | 2025 | 2024
|  |  | £ | £
| Bank loans and overdrafts |  | 4,628 | 4,465
| Trade creditors |  | 2,331 | -
| Corporation tax |  | 5,086 | 10,522
| Other creditors |  | 691,849 | 689,404
|  |  | _______ | _______
|  |  | 703,894 | 704,391
|  |  | _______ | _______

8. Creditors: amounts falling due after more than one year

|  |  | 2025 | 2024
|  |  | £ | £
| Bank loans and overdrafts |  | 146,145 | 150,810
|  |  | _______ | _______

9. Related party transactions
During the year the company entered into the following transactions with related parties:

|  | Transaction value |  | Balance owed by/(owed to) |
|  | 2025 | 2024 | 2025 | 2024
|  | £ | £ | £ | £
| Kitchen Warehouse UK Ltd | ( 2,465) | 59,442 | ( 651,795) | ( 649,330)
|  | _______ | _______ | _______ | _______

Kitchen Warehouse UK Ltd & K W Properties Ltd are associated companies as they are both under the control of Mr. S & Mr. D Beadle. During the year ended 30th June 2025, K W Properties borrowed a further £2,465 from Kitchen Warehouse UK Ltd. The balances are included within Other Creditors in note 7 of the accounts.