KBM ESTATE LTD


Directors	POWER, Barnie Reece
	POWER, Kane James


Registered Address	158 Northdown Road Cliftonville
	Margate
	CT9 2QN


Registered Number	13677091 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	3		725,000		445,394
			725,000		445,394
Current assets
Debtors	4	289,988		23,297
Cash at bank and on hand		134,007		155,008
		423,995		178,305
Creditors amounts falling due within one year	5	(350,919)		(627,682)
Net current assets (liabilities)			73,076		(449,377)
Total assets less current liabilities			798,076		(3,983)
Creditors amounts falling due after one year	6		(558,072)		-
Net assets			240,004		(3,983)
Capital and reserves
Called up share capital			2		2
Profit and loss account			240,002		(3,985)
Shareholders' funds			240,004		(3,983)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 31 December 2025, and are signed on its behalf by:

POWER, Kane James
Director
Registered Company No. 13677091

KBM ESTATE LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Current taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the
reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items
recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other
comprehensive income or directly in equity, respectively.

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at
the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or
substantively enacted at the reporting date.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

	Financial instruments
	Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transactions it is measured at present value.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual
arrangements entered into.

Debtors and creditors with no stated interest rate and receivable or payable within one year are
recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss
account in other administrative expenses.

Loans and borrowings are initially recognised at the transaction price including transaction costs.
Subsequently, they are measured at amortised cost using the effective interest rate method, less
impairment. If an arrangement constitutes a finance transactions it is measured at present value.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Investment property


		£
	Fair value at 01 April 24	445,394
	Fair value adjustments	279,606
	At 31 March 25	725,000

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Amounts owed by associates and joint ventures / participating interests	77,174	23,297
Other debtors	212,814	-
Total	289,988	23,297

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Amounts owed to related parties	347,919	408,869
Other creditors	-	217,313
Accrued liabilities and deferred income	3,000	1,500
Total	350,919	627,682

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	558,072	-
Total	558,072	-


	The bank loan is secured by a fixed and floating charge over the assets of the company, registered at Companies House.

7.	Related party transactions
	At the balance sheet date, the company owed a director £nil (2024: £2,313). At the balance sheet date, the company was owed by a director £2,650 (2024: nil). At the balance sheet date, the company owed a company owned within common control £19,150 (2024: £83,400). At the balance sheet date, the company owed a company owned within common control £290,747 (2024: £286,747). At the balance sheet date, the company owed a company owned within common control £18,228 (2024: £14,928). At the balance sheet date, the company owed a company owned within common control £19,794 (2024: £19,794). At the balance sheet date, the company was owed by a company owned within common control £29,722 (2024: £20,222). At the balance sheet date, the company was owed by a company owned within common control £25,000 (2024: £nil). At the balance sheet date, the company was owed by a company owned within common control £16,237 (2024: £nil). At the balance sheet date, the company was owed by a company owned within common control £6,215 (2024: £3,075).

Related party transactions

At the balance sheet date, the company owed a director £nil (2024: £2,313).

At the balance sheet date, the company was owed by a director £2,650 (2024: nil).

At the balance sheet date, the company owed a company owned within common control £19,150 (2024: £83,400).

At the balance sheet date, the company owed a company owned within common control £290,747 (2024: £286,747).

At the balance sheet date, the company owed a company owned within common control £18,228 (2024: £14,928).

At the balance sheet date, the company owed a company owned within common control £19,794 (2024: £19,794).

At the balance sheet date, the company was owed by a company owned within common control £29,722 (2024: £20,222).

At the balance sheet date, the company was owed by a company owned within common control £25,000 (2024: £nil).

At the balance sheet date, the company was owed by a company owned within common control £16,237 (2024: £nil).

At the balance sheet date, the company was owed by a company owned within common control £6,215 (2024: £3,075).