REGISTERED NUMBER: 12945735 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

KESTREL COURT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr M R Smith

Mrs K L Smith

Mr P P Smith

Mrs A M Smith

REGISTERED OFFICE:

58 Northern Road

Cosham

Portsmouth

Hampshire

PO6 3DP

REGISTERED NUMBER:

12945735 (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

660,000

660,000

CURRENT ASSETS

Debtors

5

1,077

1,103

Cash at bank

27,823

46,711

28,900

47,814

CREDITORS

Amounts falling due within one year

6

619,698

673,854

NET CURRENT LIABILITIES

(590,798

)

(626,040

)

TOTAL ASSETS LESS CURRENT LIABILITIES

69,202

33,960

CAPITAL AND RESERVES

Called up share capital

120

120

Retained earnings

69,082

33,840

69,202

33,960

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

Kestrel Court 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 show a net current liability position at the balance sheet date. This position is due to amounts owed to the directors and other connected parties. The directors and connected parties have agreed not to seek repayment of the money owed to them unless the company has sufficient funds to do so. The directors, on this basis, have prepared the financial statements on the going concern basis.

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 4 (2024 - 4 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

660,000

NET BOOK VALUE

At 31 March 2025

660,000

At 31 March 2024

660,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2024

(24,282

)

Cost

684,282

660,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

1,077

1,103

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

11,747

9,142

Other creditors

607,951

664,712

619,698

673,854

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The aggregate amount the company owed to the directors at the balance sheet date was £440,000 (31.3.24: £282,212).

8.	RELATED PARTY DISCLOSURES

The aggregate amount the company owed to companies under common control at the balance sheet date was £160,000 (31.3.24: £374,832).

9.	ULTIMATE CONTROLLING PARTY

The company is not under the control of any one individual or another entity.