KJG Holdings Ltd - Filleted accounts

KJG Holdings Ltd
Registered number:		14690549
Statement of Financial Position
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		750,000			695,000

Current assets
Debtors	5	419,678			270,194
Cash at bank and in hand		13,524			80,789
		433,202			350,983

Creditors: amounts falling due within one year	6	(74,881)			(3,041)

Net current assets			358,321			347,942

Total assets less current liabilities			1,108,321			1,042,942


Provisions for liabilities			(10,450)			-


Net assets			1,097,871			1,042,942

Capital and reserves
Called up share capital			1,054,556			1,054,556
Fair value reserve	7		44,550			-
Profit and loss account			(1,235)			(11,614)

Shareholder's funds			1,097,871			1,042,942

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




K Middleweek
Director
Approved by the board on 6 November 2025

KJG Holdings Ltd
Notes to the Accounts
for the year ended 28 February 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from property rental. Turnover from the rental is recognised by reference to the stage of completion of the tenancy.

	Investment properties
	Investment properties are included at fair value. Gains and losses are recognised in the income statement. Deferred tax is provided on these gains at the rate expected to apply when the properties are sold.

	Debtors
	Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction 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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.

	Provisions
	Provisions are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.



2	Exceptional items					2025		2024
£							£

	Value adjustments on fixed assets and current asset investments					(55,000)		-
	Intercompany loan written off					-		(1,038,690)
						(55,000)		(1,038,690)


3	Employees and directors					2025		2024
Number							Number

	Average number of directors and persons employed by the company					1		1


4	Tangible fixed assets
								Investment properties
£
	Cost
	At 1 March 2024							695,000
	Fair value movements							55,000
	At 28 February 2025							750,000

	Depreciation
	At 28 February 2025							-

	Net book value
	At 28 February 2025							750,000
	At 29 February 2024							695,000


	Investment properties					2025		2024
£							£
	Historical cost					695,000		695,000
	Cumulative depreciation based on historical cost					-		-
						695,000		695,000



5	Debtors					2025		2024
£							£

	Prepayments					169		164
	Other debtors					419,509		270,030
						419,678		270,194


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Accruals					2,186		2,044
	Corporation tax					72,695		997
						74,881		3,041


7	Fair value reserve					2025		2024
£							£

	Gain on revaluation of land and buildings					55,000		-
	Deferred taxation arising on the revaluation of land and buildings					(10,450)		-

	At 28 February 2025					44,550		-


8	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	K Middleweek
	Repayable on demand	269,708		58,011		-		327,719

		269,708		58,011		-		327,719


9	Other information

	KJG Holdings Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	269 Farnborough Road
	Farnborough
	Hampshire
	GU14 7LY