1 April 2024 false Taxfiler 2024.6 true 14752909 business:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14752909 2024-03-31 14752909 2024-04-01 2025-03-31 14752909 business:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 14752909 business:FilletedAccounts 2024-04-01 2025-03-31 14752909 2025-03-31 14752909 business:Director1 2024-04-01 2025-03-31 14752909 business:Director2 2024-04-01 2025-03-31 14752909 business:RegisteredOffice 2024-04-01 2025-03-31 14752909 2024-03-31 14752909 core:WithinOneYear 2025-03-31 14752909 core:WithinOneYear 2024-03-31 14752909 core:ShareCapital core:PreviouslyStatedAmount 2025-03-31 14752909 core:ShareCapital core:PreviouslyStatedAmount 2024-03-31 14752909 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 14752909 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-03-31 14752909 core:PreviouslyStatedAmount 2025-03-31 14752909 core:PreviouslyStatedAmount 2024-03-31 14752909 business:SmallEntities 2024-04-01 2025-03-31 14752909 countries:EnglandWales 2024-04-01 2025-03-31 14752909 core:WithinOneYear 2024-04-01 2025-03-31 14752909 business:OrdinaryShareClass1 2024-04-01 2025-03-31 14752909 business:OrdinaryShareClass1 2023-03-23 2024-03-31 14752909 2023-03-23 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 14752909 (England and Wales)
KPC III Investments B Limited Unaudited accounts for the year ended 31 March 2025
KPC III Investments B Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
KPC III Investments B Limited Company Information for the year ended 31 March 2025
Directors
Mr Hugo Robinson Mr James Tillman
Company Number
14752909 (England and Wales)
Registered Office
27 Hanson Street London W1W 6TR England
- 3 -
KPC III Investments B Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Investments
4
1
1
Current assets
Debtors
5
2
2
Creditors: amounts falling due within one year
6
(60)
(1)
Net current (liabilities)/assets
(58)
1
Net (liabilities)/assets
(57)
2
Capital and reserves
Called up share capital
7
2
2
Profit and loss account
(59)
-
Shareholders' funds
(57)
2
For the year 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by
Mr Hugo Robinson Director Company Registration No. 14752909
- 4 -
KPC III Investments B Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
KPC III Investments B Limited is a private company, limited by shares, registered in England and Wales, registration number 14752909. The registered office is 27 Hanson Street, London, W1W 6TR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken to the profit and loss account.
Investments
Investments in LLP interests are carried at cost less impairment in the company’s financial statements.
Going concern
The financial statements have been prepared on a going concern basis. The members of Kings Park Capital LLP have indicated continued financial support for at least 12 months from approval of these accounts.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where material. No deferred tax asset has been recognised due to the uncertainty of future taxable profits.
4
Investments
Subsidiary undertakings
£
Valuation at 1 April 2024
1
Valuation at 31 March 2025
1
The company holds an interest as a designated member in KPC III GP LLP.
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Amounts due from group undertakings etc.
2
2
- 5 -
KPC III Investments B Limited Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Amounts owed to group undertakings and other participating interests
60
1
The balance represents amounts due to group undertakings, unsecured, interest-free and repayable on demand.
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -