Caseware UK (AP4) 2024.0.164 2024.0.164 2 2024-04-01 false letting of commercial property 2 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11828582 2024-04-01 2025-03-31 11828582 2025-03-31 11828582 2023-04-01 2024-03-31 11828582 2024-03-31 11828582 c:Director1 2024-04-01 2025-03-31 11828582 c:Director2 2024-04-01 2025-03-31 11828582 d:Buildings d:LongLeaseholdAssets 2024-04-01 2025-03-31 11828582 d:Buildings d:LongLeaseholdAssets 2025-03-31 11828582 d:Buildings d:LongLeaseholdAssets 2024-03-31 11828582 d:CurrentFinancialInstruments 2025-03-31 11828582 d:CurrentFinancialInstruments 2024-03-31 11828582 d:Non-currentFinancialInstruments 2025-03-31 11828582 d:Non-currentFinancialInstruments 2024-03-31 11828582 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 11828582 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 11828582 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 11828582 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 11828582 d:ShareCapital 2025-03-31 11828582 d:ShareCapital 2024-03-31 11828582 d:RetainedEarningsAccumulatedLosses 2025-03-31 11828582 d:RetainedEarningsAccumulatedLosses 2024-03-31 11828582 c:FRS102 2024-04-01 2025-03-31 11828582 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11828582 c:FullAccounts 2024-04-01 2025-03-31 11828582 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11828582 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 11828582
| K&S (Stanmore) Limited Financial statements Information for filing with the registrar 31 March 2025 |
K&S (Stanmore) Limited
Balance sheet At 31 March 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 361,709 |  | 369,517
Investment property |  |  | 936,043 |  | 936,043
|  |  | 1,297,752 |  | 1,305,560
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 257,628 |  | - |
Bank and cash balances |  | 27,747 |  | 371 |
|  | 285,375 |  | 371 |
Creditors: amounts falling due within one year | 7 | (252,740) |  | (457,998) |
Net current assets/(liabilities) |  |  | 32,635 |  | (457,627)
Total assets less current liabilities |  |  | 1,330,387 |  | 847,933
Creditors: amounts falling due after more than one year | 8 |  | (1,234,244) |  | (753,957)
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (63,918) |  | (13,039) |
|  |  | (63,918) |  | (13,039)
Net assets |  |  | 32,225 |  | 80,937
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Profit and loss account |  |  | 32,125 |  | 80,837
Shareholders' funds |  |  | 32,225 |  | 80,937
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K&S (Stanmore) Limited
Balance sheet (continued) At 31 March 2025 The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 October 2025.
Kushal Mansukhlal Gadhia | Sundip Singh Kalirai
Director | Director
Registered number: 11828582 The notes on pages 3 to 6 form part of these financial statements. 2
K&S (Stanmore) Limited
Notes to the financial statements for the year ended 31 March 2025
1. | General information
K&S (Stanmore) Limited ("the company") is a private company limited by shares, incorporated in the United Kingdom and registered in England. The address of the registered office is Citygate, St James Boulevard, Newcastle Upon Tyne, NE1 4JE. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' (FRS 102) and the Companies Act 2006.
| 2.2 | Revenue
The turnover shown in the profit and loss accounts represents rental income receivable during the period.
| 2.3 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.4 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 2.5 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date. 3
K&S (Stanmore) Limited
Notes to the financial statements for the year ended 31 March 2025 2.Accounting policies (continued)
| 2.6 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Improvements to property | - | 2% | straight line
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.7 | 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, 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 profit or loss.
| 2.8 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
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K&S (Stanmore) Limited
Notes to the financial statements for the year ended 31 March 2025
4. | Tangible fixed assets
|  | Improvements to property
|  | £
| Cost |
| At 1 April 2024 | 390,403
| At 31 March 2025 | 390,403
| Depreciation |
| At 1 April 2024 | 20,886
| Charge for the year | 7,808
| At 31 March 2025 | 28,694
| Net book value |
| At 31 March 2025 | 361,709
| At 31 March 2024 | 369,517
5. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 April 2024 | 936,043
| At 31 March 2025 | 936,043
No formal valuations were made in 2025, the directors are satisfied that the carrying value at the year end was consistent with their assessment of market value, on an open market value for existing use basis.
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K&S (Stanmore) Limited
Notes to the financial statements for the year ended 31 March 2025
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed by joint ventures and associated undertakings | 257,628 | -
|  | 257,628 | -
7. | Creditors: amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 40,203 | 27,695
| Amounts owed to joint ventures | - | 57,037
| Corporation tax | - | 5,772
| Other creditors | 211,457 | 366,414
| Accruals and deferred income | 1,080 | 1,080
|  | 252,740 | 457,998
8. | Creditors: amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 1,234,244 | 753,957
|  | 1,234,244 | 753,957
9. | Related party transactions
| During the year, K & S (Private) Limited was connected to the company through the same directors and shareholders. At the end of the year the amount due to the company was £257,628 (2024: £57,037 due from the company).
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