Krundil Developments Ltd

Krundil Developments Ltd
Contents Page
For the year ended 31 March 2025

Company information	1
Directors' report	2
Accountants' report	3
Statement of financial position	4
Statement of changes in equity	5
Notes to the financial statements	6

Krundil Developments Ltd
Company Information
For the year ended 31 March 2025

Directors	David ANDREWS Leah ANDREWS
Registered Number	09427370
Registered Office	Keepers Cottage 1945 Stratford Road BIRMINGHAM B94 6DY
Accountants	Marneros Marcus & Co Limited First Floor Hagley Court 40 Vicarage Road Edgbaston Birmingham B153EZ

1

Krundil Developments Ltd
Directors' Report
For the year ended 31 March 2025

Director's report and financial statements

The directors present his/her/their annual report and the financial statements for the year ended 31 March 2025.

Principal activities

Principal activity of the company during the financial year was of investment in properties.

Directors

The directors who served the company throughout the year were as follows:

David ANDREWS

Leah ANDREWS

Statement of directors' responsibilities

The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to :

select suitable accounting policies and then apply them consistently
make judgements and accounting estimates that are reasonable and prudent
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

This report was approved by the board and signed on its behalf by:

----------------------------------
David ANDREWS
Director

Date approved: 30 December 2025

2

Krundil Developments Ltd Accountants' Report For the year ended 31 March 2025
Accountant’s report You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Marneros Marcus & Co Limited 31 March 2025 .................................................... Marneros Marcus & Co Limited First Floor Hagley Court 40 Vicarage Road Edgbaston Birmingham B153EZ 30 December 2025 3

Krundil Developments Ltd
Accountants' Report
For the year ended 31 March 2025

Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Marneros Marcus & Co Limited
31 March 2025

....................................................

Marneros Marcus & Co Limited
First Floor Hagley Court
40 Vicarage Road Edgbaston
Birmingham
B153EZ
30 December 2025

3

Registered Number: 09427370 Krundil Developments Ltd
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	1,841,901	1,945,845
		1,841,901	1,945,845
Current assets
Debtors	4	23,892	23,892
Cash at bank and in hand		217,081	21,508
		240,973	45,400
Creditors: amount falling due within one year	5	(717,053)	(724,781)
Net current assets		(476,080)	(679,381)

Total assets less current liabilities		1,365,821	1,266,464
Creditors: amount falling due after more than one year	6	(1,013,609)	(1,051,541)
Net assets		352,212	214,923

Capital and reserves
Called up share capital		1	1
Profit and loss account		352,211	214,922
Shareholders' funds		352,212	214,923

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

The financial statements were approved by the board of directors on 30 December 2025 and were signed on its behalf by:

-------------------------------
David ANDREWS
Director

4

Krundil Developments Ltd
Statement of Changes in Equity
For the year ended 31 March 2025

	Equity share capital	Retained Earnings	Total
	£	£	£
At 01 April 2023	1	177,295	177,296
Profit for the year		37,627	37,627
Total comprehensive income for the year	-	37,627	37,627
Total investments by and distributions to owners	-	-	-
At 31 March 2024	1	214,922	214,923
At 01 April 2024	1	214,921	214,922
Profit for the year		137,290	137,290
Total comprehensive income for the year	-	137,290	137,290
Total investments by and distributions to owners	-	-	-
At 31 March 2025	1	352,211	352,212

5

Krundil Developments Ltd
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

Krundil Developments Ltd is a private company, limited by shares, registered in , registration number 09427370, registration address Keepers Cottage, 1945 Stratford Road, BIRMINGHAM, B94 6DY.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

2.	Average number of employees Average number of employees during the year was 3 (2024 : 3).

3.

Tangible fixed assets

Cost or valuation	Land and Buildings	Motor Vehicles	Total
	£	£	£
At 01 April 2024	1,945,845	-	1,945,845
Additions	-	5,800	5,800
Disposals	(109,164)	-	(109,164)
At 31 March 2025	1,836,681	5,800	1,842,481
Depreciation
At 01 April 2024	-	-	-
Charge for year	-	580	580
On disposals	-	-	-
At 31 March 2025	-	580	580
Net book values
Closing balance as at 31 March 2025	1,836,681	5,220	1,841,901
Opening balance as at 01 April 2024	1,945,845	-	1,945,845

4.

Debtors: amounts falling due within one year

	2025 £	2024 £
Other Debtors	1	1
Tenants Deposits	23,891	23,891
	23,892	23,892

5.

Creditors: amount falling due within one year

	2025 £	2024 £
Corporation Tax	-	8,826
PAYE & Social Security	380	407
Accrued Expenses	1,920	1,920
Tenants Deposits	33,921	23,592
Loan Krundil Enterprises Ltd	571,984	571,984
Directors' Current Accounts	108,848	118,052
	717,053	724,781

6.

Creditors: amount falling due after more than one year

	2025 £	2024 £
Bank loans - 2-5 years	353,944	363,290
Bank Loan	193,779	204,478
Bank Loan 1	176,515	185,026
Bank Loan 2	289,371	298,747
	1,013,609	1,051,541

6

Registered Number: 09427370

KRUNDIL DEVELOPMENTS LTD

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025