REGISTERED NUMBER: 08623013 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Kat Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T Matthiae

K M Matthiae

SECRETARY:

City Cas Secretaries Ltd

REGISTERED OFFICE:

C/O City, Chartered Accountants

Suite 540, 5th Floor, Linen Hall

162-168 Regent Street

London

W1B 5TF

REGISTERED NUMBER:

08623013 (England and Wales)

ACCOUNTANTS:

City, Chartered Accountants

Suite 540, 5th Floor,

Linen Hall

162- 168 Regent Street

London

W1B 5TF

FIXED ASSETS

Tangible assets

4

-

-

Investments

5

34,738

64,078

Investment property

6

6,267,502

6,267,502

6,302,240

6,331,580

CURRENT ASSETS

Debtors

7

2,267,421

2,440,695

Cash at bank

89,251

39,166

2,356,672

2,479,861

CREDITORS

Amounts falling due within one year

8

(2,838,685

)

(112,607

)

NET CURRENT (LIABILITIES)/ASSETS

(482,013

)

2,367,254

TOTAL ASSETS LESS CURRENT LIABILITIES

5,820,227

8,698,834

CREDITORS

Amounts falling due after more than one year

9

(24,881

)

(2,796,209

)

NET ASSETS

5,795,346

5,902,625

CAPITAL AND RESERVES

Called up share capital

6,650

6,650

Share premium

5,471,000

5,471,000

Retained earnings

317,696

424,975

SHAREHOLDERS' FUNDS

5,795,346

5,902,625

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 29 December 2025 and were signed on its behalf by:

T Matthiae - Director

1.	STATUTORY INFORMATION

Kat Properties 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

11,947

DEPRECIATION

At 1 April 2024

and 31 March 2025

11,947

NET BOOK VALUE

At 31 March 2025

-

5.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST

At 1 April 2024

51

64,027

64,078

Additions

2

-

2

Disposals

-

(30,001

)

(30,001

)

Share of profit/(loss)

-

659

659

At 31 March 2025

53

34,685

34,738

NET BOOK VALUE

At 31 March 2025

53

34,685

34,738

At 31 March 2024

51

64,027

64,078

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

6,267,502

NET BOOK VALUE

At 31 March 2025

6,267,502

At 31 March 2024

6,267,502

7.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

31,451

29,080

Other debtors

53,789

238,767

85,240

267,847

Amounts falling due after more than one year:

Amounts owed by group undertakings

2,182,181

2,172,848

Aggregate amounts

2,267,421

2,440,695

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

2,771,329

5,429

Trade creditors

7,854

2

Taxation and social security

41,208

46,637

Other creditors

18,294

60,539

2,838,685

112,607

There were nine charges created on 24th January 2020 in favour of Handelsbanken plc over all estates or interests in any freehold or leasehold property. These charges are registered at Companies House under the charge codes 0862 3013 0004 to 0862 3013 0012. The charges were satisfied after the year end.

On 30th July 2024, a charge over shares in favour of Pontis Finance LLP was created. This charge was satisfied after the year end.

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

24,881

2,796,209

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

3,167

8,595

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £221,000 (2024 - £54,000) were paid to the directors .

At the year end, the Company owed T Matthiae £261 (2024 -£108,590 ) and the Company owed the K M Matthiae £10,233 (2024: £37,847).

At the year end, a subsidiary of the Company owed £2,172,848 (2024: £2,172,848) and a second subsidiary of the Company owed £9,333 (2024: nil).