REGISTERED NUMBER: 03642039 (England and Wales)

KENTS FIELDS PROPERTY COMPANY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

V D Morris

G R Morris

B W Morris

REGISTERED OFFICE:

Whitcott Evan Farm

Clun

Craven Arms

Salop

Shropshire

SY7 8QD

REGISTERED NUMBER:

03642039 (England and Wales)

ACCOUNTANTS:

Davies Edwards & Co

Chartered Certified Accountants

West Lodge

Rainbow Street

Leominster

Herefordshire

HR6 8DQ

FIXED ASSETS

Investment property

4

97,040

97,040

CURRENT ASSETS

Debtors

5

10,102

3,275

CREDITORS

Amounts falling due within one year

6

6,601

1,655

NET CURRENT ASSETS

3,501

1,620

TOTAL ASSETS LESS CURRENT LIABILITIES

100,541

98,660

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

100,441

98,560

SHAREHOLDERS' FUNDS

100,541

98,660

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 by the Board of Directors and authorised for issue on 28 November 2025 and were signed on its behalf by:

V D Morris - Director

1.	STATUTORY INFORMATION

Kents Fields Property Company 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	INVESTMENT PROPERTY

Total

£

COST

At 1 April 2024

and 31 March 2025

114,612

DEPRECIATION

At 1 April 2024

and 31 March 2025

17,572

NET BOOK VALUE

At 31 March 2025

97,040

At 31 March 2024

97,040

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by S J C Morris and Sons

10,102

-

Directors' current accounts

-

3,275

10,102

3,275

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

300

Tax

1,321

1,355

Directors' current accounts

4,890

-

Accruals and deferred income

390

-

6,601

1,655

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Retained

earnings

£

At 1 April 2024

98,560

Profit for the year

5,631

Dividends

(3,750

)

At 31 March 2025

100,441

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

V D Morris

Balance outstanding at start of year

1,092

-

Amounts advanced

-

1,092

Amounts repaid

(2,722

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,630

)

1,092

B W Morris

Balance outstanding at start of year

1,092

-

Amounts advanced

-

1,092

Amounts repaid

(2,722

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,630

)

1,092

G R Morris

Balance outstanding at start of year

1,091

-

Amounts advanced

-

1,091

Amounts repaid

(2,721

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,630

)

1,091

The directors are all partners in S J C Morris and Sons. There were no transactions between the two companies in this financial year but there is a loan of £10,102.14 outstanding from S J C Morris and Sons at the year end.