KRISTO INVESTMENTS LIMITED


Directors	Mrs A Perkins
	Mr C J Perkins


Registered Address	71 Main Street
	Distington
	Workington
	CA14 5SZ


Registered Number	11130029 (England and Wales)

Statement of Financial Position
31 January 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	3		513,372		513,372
			513,372		513,372
Current assets
Debtors	4	685		394
Cash at bank and on hand		3,273		1,341
		3,958		1,735
Creditors amounts falling due within one year	5	(226,177)		(253,374)
Net current assets (liabilities)			(222,219)		(251,639)
Total assets less current liabilities			291,153		261,733
Provisions for liabilities	7		(16,550)		(17,300)
Net assets			274,603		244,433
Capital and reserves
Called up share capital			100		100
Profit and loss account			274,503		244,333
Shareholders' funds			274,603		244,433

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 10 October 2025, and are signed on its behalf by:

Mr C J Perkins
Director

Mrs A Perkins
Director

Registered Company No. 11130029

KRISTO INVESTMENTS LIMITED

Notes to the Financial Statements
for the year ended 31 January 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services.

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Current taxation
	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
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 

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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Investment property
	Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate. These values are adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Income Statement.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Investment property
	There has been no valuation of investment property by an independent valuer.


		£
	Fair value at 01 February 24	513,372
	At 31 January 25	513,372

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	685	394
Total	685	394

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	165,785	164,748
Taxation and social security	7,906	940
Other creditors	48,636	83,786
Accrued liabilities and deferred income	3,850	3,900
Total	226,177	253,374

6.	Secured creditors
	Included in creditors due after one year are mortgages with a combined value of £164,485 (2024 - £163,475). These mortgages are secured against the property as to which they relate.

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	16,550	17,300
Total	16,550	17,300