2024-04-01 2025-03-31 false No description of principal activity Capium Accounts Production 1.1 06168640 2024-04-01 2025-03-31 06168640 bus:FullAccounts 2024-04-01 2025-03-31 06168640 bus:FRS102 2024-04-01 2025-03-31 06168640 bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06168640 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06168640 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06168640 2024-04-01 2025-03-31 06168640 2025-03-31 06168640 bus:RegisteredOffice 2024-04-01 2025-03-31 06168640 core:WithinOneYear 2025-03-31 06168640 core:AfterOneYear 2025-03-31 06168640 1 2024-04-01 2025-03-31 06168640 bus:Director1 2024-04-01 2025-03-31 06168640 bus:Director1 2025-03-31 06168640 bus:Director1 2023-04-01 2024-03-31 06168640 bus:Director2 2024-04-01 2025-03-31 06168640 bus:Director2 2025-03-31 06168640 bus:Director2 2023-04-01 2024-03-31 06168640 2023-04-01 06168640 bus:LeadAgentIfApplicable 2024-04-01 2025-03-31 06168640 2023-04-01 2024-03-31 06168640 2024-03-31 06168640 core:WithinOneYear 2024-03-31 06168640 core:AfterOneYear 2024-03-31 06168640 bus:EntityAccountantsOrAuditors 2023-04-01 2024-03-31 06168640 core:LandBuildings 2024-04-01 2025-03-31 06168640 core:LandBuildings 2025-03-31 06168640 core:LandBuildings 2024-03-31 06168640 core:PlantMachinery 2024-04-01 2025-03-31 06168640 core:PlantMachinery 2025-03-31 06168640 core:PlantMachinery 2024-03-31 06168640 core:FurnitureFittings 2024-04-01 2025-03-31 06168640 core:FurnitureFittings 2025-03-31 06168640 core:FurnitureFittings 2024-03-31 06168640 core:ComputerEquipment 2024-04-01 2025-03-31 06168640 core:ComputerEquipment 2025-03-31 06168640 core:ComputerEquipment 2024-03-31 06168640 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2025-03-31 06168640 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-03-31 06168640 core:CostValuation core:Non-currentFinancialInstruments 2025-03-31 06168640 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 06168640 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2025-03-31 06168640 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2025-03-31 06168640 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2025-03-31 06168640 core:Non-currentFinancialInstruments 2025-03-31 06168640 core:Non-currentFinancialInstruments 2024-03-31 06168640 core:ShareCapital 2025-03-31 06168640 core:ShareCapital 2024-03-31 06168640 core:RevaluationReserve 2025-03-31 06168640 core:RevaluationReserve 2024-03-31 06168640 core:RetainedEarningsAccumulatedLosses 2025-03-31 06168640 core:RetainedEarningsAccumulatedLosses 2024-03-31 06168640 dpl:Item1 2024-04-01 06168640 dpl:Item1 2025-03-31 06168640 dpl:Item1 2023-04-01 06168640 dpl:Item1 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered Number: 06168640
England and Wales
KR PROPERTY LIMITED
Unaudited Financial Statements
Period of accounts Start date: 01 April 2024 End date: 31 March 2025

KR PROPERTY LIMITED Contents Page For the year ended 31 March 2025
Company information | 1
Statement of financial position | 2
Notes to the financial statements | 3

KR PROPERTY LIMITED Company Information For the year ended 31 March 2025
Directors | Mr K J Buddell Mr R J Pillar
Registered Number | 06168640
Registered Office | C3 Apollo Court Neptune Park Plymouth PL4 0SJ
Accountants | FUEL Accountancy Services Ltd Chartered Certified Accountants C3 Apollo Court Neptune Park Plymouth PL4 0SJ
1

KR PROPERTY LIMITED Statement of Financial Position As at 31 March 2025
| Notes | 2025 £ |  | 2024 £
--- | --- | --- | --- | ---
Fixed assets |  |  |
Tangible fixed assets | 3 | 600,000 |  | 600,000
|  | 600,000 |  | 600,000
Current assets |  |  |
Debtors: amounts falling due within one year | 4 | 397,163 |  | 397,162
Cash at bank and in hand |  | 5,106 |  | 1,643
|  | 402,269 |  | 398,805
Creditors: amount falling due within one year | 5 | (483,274) |  | (479,039)
Net current assets |  | (81,005) |  | (80,234)
Total assets less current liabilities |  | 518,995 |  | 519,766
Creditors: amount falling due after more than one year | 6 | (71,958) |  | (85,355)
Provisions for liabilities | 7 | 5,059 |  | 5,059
Net assets |  | 452,096 |  | 439,470
Capital and reserves |  |  |
Called up share capital |  | 100 |  | 100
Revaluation Reserves | 8 | 244,264 |  | 244,264
Profit and loss account |  | 207,732 |  | 195,106
Shareholders' funds |  | 452,096 |  | 439,470
For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors' responsibilities: The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These 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 to the Registrar of Companies. The financial statements were approved by the board of directors on 10 December 2025 and were signed on its behalf by:
------------------------------- Mr K J Buddell Director
2

KR PROPERTY LIMITED Notes to the Financial Statements For the year ended 31 March 2025
General Information KR PROPERTY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06168640, registration address C3 Apollo Court, Neptune Park, Plymouth, PL4 0SJ. The presentation currency is £ sterling.
1. | Accounting policies Basis of preparation These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Revenue recognition Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards off ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably. Income tax The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference. Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Leasehold property - 10% straight line Plant & Machinery - 10% straight line Fixtures & Fittings - 25% straight line Motor Vehicles - 20% reducing balance Computer Equipment - 25% straight line Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units. Provisions Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises. Financial instruments A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
2. | Average number of employees Average number of employees during the year was 2 (2024 : 2).
3. | Tangible fixed assets
Cost or valuation | Land and buildings |  | Plant and machinery etc |  | Total
| £ |  | £ |  | £
At 01 April 2024 | 600,000 |  | 63,382 |  | 663,382
Additions | - |  | - |  | -
Disposals | - |  | - |  | -
At 31 March 2025 | 600,000 |  | 63,382 |  | 663,382
Depreciation
At 01 April 2024 | - |  | 63,382 |  | 63,382
Charge for year | - |  | - |  | -
On disposals | - |  | - |  | -
At 31 March 2025 | - |  | 63,382 |  | 63,382
Net book values
Closing balance as at 31 March 2025 | 600,000 |  | - |  | 600,000
Opening balance as at 01 April 2024 | 600,000 |  | - |  | 600,000
4. | Debtors: amounts falling due within one year
| 2025 £ |  | 2024 £
--- | --- | --- | ---
Trade Debtors | 2,122 |  | 2,122
Other Debtors | 395,041 |  | 395,040
| 397,163 |  | 397,162
5. | Creditors: amount falling due within one year
| 2025 £ |  | 2024 £
--- | --- | --- | ---
Trade Creditors | 35,442 |  | 35,442
Bank Loans & Overdrafts | 7,192 |  | 7,192
Other Creditors | 440,640 |  | 436,405
| 483,274 |  | 479,039
6. | Creditors: amount falling due after more than one year
| 2025 £ |  | 2024 £
--- | --- | --- | ---
Bank Loans & Overdrafts | 71,958 |  | 85,355
| 71,958 |  | 85,355
7. | Provisions for liabilities
| 2025 £ |  | 2024 £
--- | --- | --- | ---
Deferred Tax | (5,059) |  | (5,059)
| (5,059) |  | (5,059)
8. | Revaluation Reserves
| 2025 £ |  | 2024 £
--- | --- | --- | ---
Revaluation Reserve b/fwd | 244,264 |  | 244,264
| 244,264 |  | 244,264
9. | Related party transactions The company was under the control of its directors throughout the year under review. Each of them has a 50% stake in the company. At the year end, included within other creditors due within one year are amounts owed to the directors, Mr K Buddell £208,204 (2024: £203,756) and Mr R Pillar £94,150 (2024: £94,150). Pillar Land Securities Ltd, a company controlled by Mr R J Pillar, has also made a loan to the company. At 31 March 2025, this loan amounted to £115,543 (2024: £115,543). This loan was on an interest free basis during the year under review.
3