REGISTERED NUMBER: 07151871 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

KILLEARN INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M L McKillop

REGISTERED OFFICE:

Flat 3 Vantage Point

4A Queens Road

Cowes

Isle of Wight

PO31 8BY

REGISTERED NUMBER:

07151871 (England and Wales)

ACCOUNTANTS:

Bannerman Johnstone Maclay

213 St Vincent Street

Glasgow

G2 5QY

FIXED ASSETS

Tangible assets

4

-

534

Investments

5

202,620

383,095

Investment property

6

623,470

623,470

826,090

1,007,099

CURRENT ASSETS

Debtors

7

10,350

17,753

Cash at bank

672

2,940

11,022

20,693

CREDITORS

Amounts falling due within one year

8

89,278

73,574

NET CURRENT LIABILITIES

(78,256

)

(52,881

)

TOTAL ASSETS LESS CURRENT LIABILITIES

747,834

954,218

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

747,833

954,217

SHAREHOLDERS' FUNDS

747,834

954,218

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 director and authorised for issue on 14 October 2025 and were signed by:

M L McKillop - Director

1.	STATUTORY INFORMATION

Killearn Investments 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.

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 etc

-

20% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

1,866

Disposals

(667

)

At 31 March 2025

1,199

DEPRECIATION

At 1 April 2024

1,332

Eliminated on disposal

(133

)

At 31 March 2025

1,199

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

534

5.	FIXED ASSET INVESTMENTS

2025

2024

£

£

Participating interests

1

1

Loans to undertakings in which the company has a participating interest

202,619

383,094

202,620

383,095

Additional information is as follows:

Interest

in joint

venture

£

COST

At 1 April 2024

and 31 March 2025

1

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

Loans to

joint

ventures

£

At 1 April 2024

383,094

New in year

19,525

Other movement

(200,000

)

At 31 March 2025

202,619

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

623,470

NET BOOK VALUE

At 31 March 2025

623,470

At 31 March 2024

623,470

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

10,350

17,753

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

89,278

73,574