REGISTERED NUMBER: 12488596 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

KINGFISHER ORGANISATION LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M R Smith

Mrs K L Smith

REGISTERED OFFICE:

58 Northern Road

Cosham

Hampshire

PO6 3DP

REGISTERED NUMBER:

12488596 (England and Wales)

ACCOUNTANTS:

Gibson Whitter

Chartered Accountants

and Chartered Tax Advisers

Larch House

Parklands Business Park

Denmead

Hampshire

PO7 6XP

FIXED ASSETS

Investment property

4

15,825,000

16,205,000

CURRENT ASSETS

Debtors

5

1,045,977

1,937,724

Cash at bank

243,158

36,796

1,289,135

1,974,520

CREDITORS

Amounts falling due within one year

6

416,648

1,112,351

NET CURRENT ASSETS

872,487

862,169

TOTAL ASSETS LESS CURRENT LIABILITIES

16,697,487

17,067,169

CREDITORS

Amounts falling due after more than one year

7

(6,649,246

)

(7,237,659

)

PROVISIONS FOR LIABILITIES

(378,235

)

(393,235

)

NET ASSETS

9,670,006

9,436,275

CAPITAL AND RESERVES

Called up share capital

102

102

Share premium

7,579,858

7,579,858

Non-distributable reserves

8

1,134,704

1,179,704

Retained earnings

955,342

676,611

9,670,006

9,436,275

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 and authorised for issue by the Board of Directors and authorised for issue on 19 November 2025 and were signed on its behalf by:

Mr M R Smith - Director

1.	STATUTORY INFORMATION

Kingfisher Organisation Ltd 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.

Turnover

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

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.

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 3 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

16,205,000

Additions

125,000

Disposals

(445,000

)

Revaluations

(60,000

)

At 31 March 2025

15,825,000

NET BOOK VALUE

At 31 March 2025

15,825,000

At 31 March 2024

16,205,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2022

65,000

Valuation in 2023

26,381

Valuation in 2024

1,481,558

Valuation in 2025

(60,000

)

Cost

14,312,061

15,825,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

1,045,977

1,937,724

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

-

2,922

Taxation and social security

93,706

79,720

Other creditors

322,942

1,029,709

416,648

1,112,351

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

6,649,246

7,237,659

8.

RESERVES

Non-distribu

reserves

£

At 1 April 2024

1,179,704

Transfer

(45,000

)

At 31 March 2025

1,134,704

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The aggregate amount owed to the directors at the balance sheet date was £64,741 (31.3.24: £81,674).

10.	RELATED PARTY DISCLOSURES

The aggregate amount the company owed by companies under common control at the balance sheet date was £780,802 (31.3.24: £1,454,213).

During the period the company was invoiced £120,000 (31.3.24: £97,892) from other companies under common control for management charges.

11.	ULTIMATE CONTROLLING PARTY

The company is under the control of Mr M and Mrs K Smith.