Kasanel Properties Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 15575975

		31 March 2025
	Notes	£	£
FIXED ASSETS
Tangible Assets	4		4,255
Investment Properties	5		172,377

			176,632
CURRENT ASSETS
Debtors	6	394
Investments	7	28,505
Cash at bank and in hand		9,587

		38,486
Creditors: Amounts Falling Due Within One Year	8	(135,942 )

NET CURRENT ASSETS (LIABILITIES)			(97,456 )

TOTAL ASSETS LESS CURRENT LIABILITIES			79,176

Creditors: Amounts Falling Due After More Than One Year	9		(110,744 )

NET LIABILITIES			(31,568 )

CAPITAL AND RESERVES
Called up share capital	10		1
Profit and Loss Account			(31,569 )

SHAREHOLDERS' FUNDS			(31,568)

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Kasanel Properties Ltd

Balance Sheet (continued)

As At 31 March 2025

For the period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Katarzyna Hopkins

Director

02/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Kasanel Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15575975 . The registered office is 124 City Road, London, EC1V 2NX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

25% Reducing balance

2.4. Investment Properties

All investment properties are carried at fair value determined annually 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 for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 2

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 19 March 2024	-
Additions	4,430

As at 31 March 2025	4,430

Depreciation
As at 19 March 2024	-
Provided during the period	175

As at 31 March 2025	175

Net Book Value
As at 31 March 2025	4,255

As at 19 March 2024	-

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Kasanel Properties Ltd

Notes to the Financial Statements (continued)

For the Period 19 March 2024 to 31 March 2025

5. Investment Property

	31 March 2025
	£
Fair Value
As at 19 March 2024	-
Additions	172,377

As at 31 March 2025	172,377

6. Debtors

	31 March 2025
	£
Due within one year
Other debtors	394

7. Current Asset Investments

	31 March 2025
	£
Short term deposits	28,505

8. Creditors: Amounts Falling Due Within One Year

	31 March 2025
	£
Other creditors	135,942

9. Creditors: Amounts Falling Due After More Than One Year

	31 March 2025
	£
Bank loans	110,744

10. Share Capital

	31 March 2025
	£
Allotted, Called up and fully paid	1

11. Related Party Transactions

Directors & Shareholders

Mrs Elzbieta Janczak & Mrs Katarzyna Hopkins

The directors and shareholders have provided the company with unsecured loans. The combined balance of the loans provided at the year end was £135788.96. There is no interest charged on the loan and this is repayable on demand.

12. Ultimate Controlling Party

The company's ultimate controlling parties are Mrs Elzbieta Janczak & Mrs Katarzyna Hopkins by virtue of their ownership of 50% each of the issued share capital in the company.

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