REGISTERED NUMBER: 14046184 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 DECEMBER 2024

FOR

KEDMA YAMA CAROLINE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr G Trabelsy

REGISTERED OFFICE:

First Floor Winston House

349 Regents Park Road

London

N3 1DH

REGISTERED NUMBER:

14046184 (England and Wales)

ACCOUNTANTS:

Melinek Fine LLP

Chartered Accountants

First Floor, Winston House

349 Regents Park Road

London

N3 1DH

FIXED ASSETS

Investment property

4

33,762,811

32,211,198

CURRENT ASSETS

Debtors

5

7,361

17,313

Cash at bank

942,610

6,731

949,971

24,044

CREDITORS

Amounts falling due within one year

6

11,341,655

5,394,662

NET CURRENT LIABILITIES

(10,391,684

)

(5,370,618

)

TOTAL ASSETS LESS CURRENT LIABILITIES

23,371,127

26,840,580

CREDITORS

Amounts falling due after more than one year

7

28,572,163

29,260,866

NET LIABILITIES

(5,201,036

)

(2,420,286

)

CAPITAL AND RESERVES

Called up share capital

100

100

Profit and loss account

(5,201,136

)

(2,420,386

)

(5,201,036

)

(2,420,286

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 December 2025 and were signed by:

Mr G Trabelsy - Director

1.	STATUTORY INFORMATION

Kedma Yama Caroline 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.

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 Profit and Loss Account, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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 future taxable profits.

Going concern

The balance sheet at the end of the year recorded net current liabilities. However, the director believes sufficient financial resources are available to the company to enable it to continue trading into the foreseeable future. Therefore, the financial statements have been prepared on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

32,211,198

Additions

1,551,613

At 31 December 2024

33,762,811

NET BOOK VALUE

At 31 December 2024

33,762,811

At 31 December 2023

32,211,198

5.

DEBTORS

2024

2023

£

£

Amounts falling due within one year:

Other debtors

7,261

17,213

Amounts falling due after more than one year:

Other debtors

100

100

Aggregate amounts

7,361

17,313

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed to group undertakings

11,336,655

5,385,762

Other creditors

5,000

8,900

11,341,655

5,394,662

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

28,572,163

29,260,866

8.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loan

28,572,163

29,260,866

9.	POST BALANCE SHEET EVENTS

Subsequent to the year end, the company completed the sale of a substantial portion of its investment property. The transaction occurred after the reporting date and therefore no adjustment has been made to the financial statements. The director considers this to be a non-adjusting post balance sheet event.