KG Investments Newbury Ltd - Filleted accounts


KG INVESTMENTS NEWBURY LTD

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2025



































Company Registration Number: 07360070

KG INVESTMENTS NEWBURY LTD

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


CONTENTS									PAGES



Company information									1

Balance sheet									2 to 3

Notes to the financial statements									4 to 8

KG INVESTMENTS NEWBURY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025


DIRECTORS

S P Gosney
R P Kremer


SECRETARY

The company does not have an appointed secretary


REGISTERED OFFICE

Units B1-B3 Argents Mere
Cyril Vokins Road
Hambridge Lane
Newbury
Berkshire
RG14 5XB


COMPANY REGISTRATION NUMBER

07360070 England and Wales

KG INVESTMENTS NEWBURY LTD

BALANCE SHEET
AS AT 31 MARCH 2025


	Notes	2025		2024
		£		£

FIXED ASSETS
Investments	5		2,850,000		2,850,000

CURRENT ASSETS
Debtors	6	6,768		16,310
Cash at bank and in hand		271,115		187,863


		277,883		204,173

CREDITORS: Amounts falling due within one year	7	70,102		876,661
CREDITORS: Amounts falling due within one year


NET CURRENT ASSETS / (LIABILITIES)			207,781		(672,488)


TOTAL ASSETS LESS CURRENT LIABILITIES			3,057,781		2,177,512

Provisions for liabilities and charges			209,606		209,606


NET ASSETS			2,848,175		1,967,906


CAPITAL AND RESERVES
Called up share capital			1,000		1,000
Distributable profit and loss account			2,005,587		1,125,318
Non distributable profit and loss account			841,588		841,588


SHAREHOLDERS' FUNDS			2,848,175		1,967,906

KG INVESTMENTS NEWBURY LTD

BALANCE SHEET
AS AT 31 MARCH 2025


These accounts have been prepared and delivered in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities.

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

Members have not required the company to obtain an audit in accordance with section 476 of the Act.

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.

As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors Report.


Signed on behalf of the board of directors




S P Gosney
Director

Date approved by the board: 8 December 2025

KG INVESTMENTS NEWBURY LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1	GENERAL INFORMATION

	KG Investments Newbury Ltd is a private company limited by shares and incorporated in England and Wales. Its registered office is:

	Units B1-B3 Argents Mere
	Cyril Vokins Road
	Hambridge Lane
	Newbury
	Berkshire
	RG14 5XB

	The financial statements are presented in Sterling, which is the functional currency of the company.

2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	Basis of preparation of financial statements

	These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006.

	Revenue recognition

	Turnover is measured at the fair value of consideration received or receivable. It is recognised in respect of rent receivable and service charges as soon as there is a right to consideration. Turnover is stated net of trade discounts and value added tax.

	The company recognises revenue when the amount of revenue can be measured reliably and when it is probable that future economic benefits will flow to the entity.


	Investment properties

	Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs.

	Subsequently, investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in the profit and loss account in the period in which they arise.

KG INVESTMENTS NEWBURY LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Financial Instruments

	The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

	Financial assets are measured at cost and are assessed at the end of each reporting period for objective impairment. Where objective evidence of impairment is found, an impairment loss is recognised in the profit and loss account.

The impairment loss for financial assets measured at cost is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.


	Financial assets and liabilites are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amount and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

	Impairment of non-financial assets

	At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets (which is the higher of value in use and the fair value less cost to sell) is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in the profit and loss account.

	If an impairment loss is subsequently reversed, the carrying amount of the asset, or group of related assets, is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset, or group of related assets, in prior periods. A reversal of an impairment loss is recognised immediately in the profit and loss account.


	Debtors

	Short term debtors are measured at transaction price, less any impairment.

	Creditors

	Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and subsequently at amortised cost.

KG INVESTMENTS NEWBURY LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Taxation

	Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.

	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods based on current tax rates and laws. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 taxable profits.

	Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

	Deferred tax relating to land and investment properties that is measured at fair value is measured using the tax rates and allowances that apply to the sale of the asset.


	Current and deferred tax assets and liabilities are not discounted.

3	CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

	The directors have made key assumptions in determination of the fair value of its investment properties in respect of the state of the property market in the location where the properties are situated and in respect of the range of reasonable fair value estimates of these assets.

4	EMPLOYEES

	The average number of persons employed by the company (including directors) during the year was:

		2025	2024
	Average number of employees	2	2

KG INVESTMENTS NEWBURY LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


5	FIXED ASSET INVESTMENTS
			Investment properties
			£
	Cost
	At 1 April 2024		2,850,000


	At 31 March 2025		2,850,000


	Net book value
	At 1 April 2024		2,850,000


	At 31 March 2025		2,850,000


	In the opinion of the directors, all investment properties have been stated at fair value.

	The historic cost of the investment properties is £1,798,806.

6	DEBTORS
		2025	2024
		£	£
	Prepayments and accrued income	6,768	9,765
	Other debtors	-	6,545


		6,768	16,310


7	CREDITORS: Amounts falling due within one year
		2025	2024
		£	£
	Taxation and social security	44,941	41,169
	Accruals and deferred income	5,189	3,501
	Other creditors	19,972	831,991


		70,102	876,661

KG INVESTMENTS NEWBURY LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


8	RELATED PARTY TRANSACTIONS

	During the year, the following transactions with related parties took place:

			2025	2024
			£	£
	S P Gosney	The director has made advances to the company which are repayable on demand. No interest has been charged on these advances. At the year end, the company owed the director the following amount:
	Director
	Advances from director		9,986	1,621



			2025	2024
			£	£
	R P Kremer	The director has made advances to the company which are repayable on demand. No interest has been charged on these advances. At the year end, the company owed the director the following amount:
	Director
	Advances from director		9,986	1,621



			2025	2024
			£	£
	Corrus Limited
	A company under common control

	Intercompany charges	Rent and service charges charged to Corrus Limited:	135,534	131,084


	Intercompany loan	Loan balance due to Corrus Limited at the year end:	-	823,864


	Intercompany charges	Interest charged on loan balance by Corrus Limited:	-	20,094