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REGISTERED NUMBER: 09389491 (England and Wales)











KCS PROPERTIES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025














KCS PROPERTIES LIMITED (REGISTERED NUMBER: 09389491)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025










Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


KCS PROPERTIES LIMITED (REGISTERED NUMBER: 09389491)

ABRIDGED BALANCE SHEET
31 JANUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,300,000 1,038,142
Investments 5 116 116
Investment property 6 269,995 148,833
3,570,111 1,187,091

CURRENT ASSETS
Debtors 137,867 890
Cash at bank 229,182 355,397
367,049 356,287
CREDITORS
Amounts falling due within one year 392,455 450,949
NET CURRENT LIABILITIES (25,406 ) (94,662 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
3,544,705
1,092,429

PROVISIONS FOR LIABILITIES 595,755 -
NET ASSETS 2,948,950 1,092,429

CAPITAL AND RESERVES
Called up share capital 7 124 124
Revaluation reserve 1,787,265 -
Retained earnings 1,161,561 1,092,305
SHAREHOLDERS' FUNDS 2,948,950 1,092,429

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

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

The directors acknowledge their 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 notes form part of these financial statements

Page 1
KCS PROPERTIES LIMITED (REGISTERED NUMBER: 09389491)

ABRIDGED BALANCE SHEET - continued
31 JANUARY 2025


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 year ended 31 January 2025 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 and authorised for issue by the Board of Directors and authorised for issue on 16 October 2025 and were signed on its behalf by:




Mr S J Walker - Director



Mrs K L L Walker - Director


The notes form part of these financial statements

Page 2
KCS PROPERTIES LIMITED (REGISTERED NUMBER: 09389491)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025


1. STATUTORY INFORMATION

KCS Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09389491

Registered office: 3 Weekley Wood Close
Kettering
Northamptonshire
NN14 1UQ

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 as modified by the revaluation of certain assets.

Turnover
Turnover represents amounts (excluding value added tax) derived from the provision of goods and services to customers during the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 0% freehold buildings

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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.

Debtors and creditors
Debtors receivable / creditors payable within one year are measured at transaction price (less any impairment losses on debtors for bad and doubtful debts). Loans and other financial assets / liabilities are initially measured at transaction price and subsequently measured at amortised cost determined using the effective interest method (less any impairment losses on debtors) for bad and doubtful debts.

Any losses arising from impairment are recognised in the profit and loss account.


Page 3
KCS PROPERTIES LIMITED (REGISTERED NUMBER: 09389491)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST OR VALUATION
At 1 February 2024 1,038,142
Revaluations 2,261,858
At 31 January 2025 3,300,000
NET BOOK VALUE
At 31 January 2025 3,300,000
At 31 January 2024 1,038,142

Cost or valuation at 31 January 2025 is represented by:

Totals
£   
Valuation in 2025 2,261,858
Cost 1,038,142
3,300,000

Page 4
KCS PROPERTIES LIMITED (REGISTERED NUMBER: 09389491)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


4. TANGIBLE FIXED ASSETS - continued

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2025 2024
£    £   
Cost 1,038,142 941,692

Freehold land and buildings were valued on an open market basis on 1 October 2024 by David Walker Commercial Limited .

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 February 2024
and 31 January 2025 116
NET BOOK VALUE
At 31 January 2025 116
At 31 January 2024 116

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2024 148,833
Revaluations 121,162
At 31 January 2025 269,995
NET BOOK VALUE
At 31 January 2025 269,995
At 31 January 2024 148,833

Fair value at 31 January 2025 is represented by:
£   
Valuation in 2025 121,162
Cost 148,833
269,995

Page 5
KCS PROPERTIES LIMITED (REGISTERED NUMBER: 09389491)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


6. INVESTMENT PROPERTY - continued

If the investment property had not been revalued it would have been included at the following historical cost:

2025 2024
£    £   
Cost 148,833 148,833

Investment property was valued on an open market basis on 2 October 2024 by Goodwin Residential Limited .

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary A £1 100 100
14 Ordinary B £1 14 14
10 Ordinary C £1 10 10
124 124

Page 6