REGISTERED NUMBER: 04434653 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

KINGSLAND GROUP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

F Nock F.C.C.A.

M R Kent F.C.A., C.T.A.

R B Heath

P Morjaria F.C.C.A

A R Davies F.C.C.A

A J Powis B.Sc, F.C.A., C.T.A.

REGISTERED OFFICE:

7 Lower Brook Street

Oswestry

Shropshire

SY11 2HG

REGISTERED NUMBER:

04434653 (England and Wales)

ACCOUNTANTS:

D.R.E. & Co. Limited

Chartered Accountants

7 Lower Brook Street

Oswestry

Shropshire

SY11 2HG

FIXED ASSETS

Tangible assets

4

-

-

Investment property

5

725,000

550,000

725,000

550,000

CURRENT ASSETS

Debtors

6

3,278

81,388

Cash at bank

1,700

2,999

4,978

84,387

CREDITORS

Amounts falling due within one year

7

409

56,538

NET CURRENT ASSETS

4,569

27,849

TOTAL ASSETS LESS CURRENT LIABILITIES

729,569

577,849

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

9

326,815

151,815

Retained earnings

402,654

425,934

729,569

577,849

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 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 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 Board of Directors and authorised for issue on 30 October 2025 and were signed on its behalf by:

F Nock F.C.C.A. - Director

1.	STATUTORY INFORMATION

Kingsland Group 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 as modified by the revaluation of certain assets.

The financial statements have been prepared under the going concern basis on the expectation that the company shall continue to trade for the foreseeable future.

The financial statements are presented in Sterling (£) rounded to the nearest £1.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments.

Basic financial assets, including trade and other receivables and cash and bank balances, are initially recognised at transaction price and subsequently carried at amortised cost with an assessment for objective evidence of impairment. Any impairment is recognised in profit and loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards or control of the ownership of the asset are transferred to another party.

Basic financial liabilities including trade and other creditors are initially recognised at transaction price and subsequently carried at amortised cost.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

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 NIL (2024 - 1 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

3,136

DEPRECIATION

At 1 April 2024

and 31 March 2025

3,136

NET BOOK VALUE

At 31 March 2025

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

550,000

Revaluations

175,000

At 31 March 2025

725,000

NET BOOK VALUE

At 31 March 2025

725,000

At 31 March 2024

550,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2008

151,815

Valuation in 2024

175,000

Cost

398,185

725,000

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

31.3.25

31.3.24

£

£

Cost

398,185

398,185

The investment property was valued on an open market basis on 20 June 2024 by Halls Commercial .

The directors consider that the above valuation continues to reflect fair value as at the balance sheet date.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

2,547

1,388

Amounts owed by associates

-

80,000

Other debtors

731

-

3,278

81,388

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

409

2,590

Amounts owed to associates

-

34,000

Taxation and social security

-

12,468

Other creditors

-

7,480

409

56,538

8.	SECURED DEBTS

There is a Cross Guarantee and Debenture between DRE & Co Ltd, DRE & Co (Audit) Ltd, DRECO Resource Management Ltd and Kingsland Group Ltd. A legal charge over the investment property has been granted.

9.

RESERVES

Fair

value

reserve

£

At 1 April 2024

151,815

Revaluation

175,000

At 31 March 2025

326,815

10.	RELATED PARTY DISCLOSURES