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Company Registration No. 07662404 (England and Wales)
KPL Ventures Ltd Unaudited accounts for the year ended 30 June 2025
KPL Ventures Ltd Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
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KPL Ventures Ltd Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
10,814
13,335
Investment property
5
301,000
220,066
311,814
233,401
Current assets
Debtors
6
150
85
Cash at bank and in hand
2,393
1,981
2,543
2,066
Creditors: amounts falling due within one year
7
(3,665)
(2,714)
Net current liabilities
(1,122)
(648)
Total assets less current liabilities
310,692
232,753
Creditors: amounts falling due after more than one year
8
(243,393)
(254,982)
Provisions for liabilities
Deferred tax
9
(20,234)
-
Net assets/(liabilities)
47,065
(22,229)
Capital and reserves
Called up share capital
20
20
Revaluation reserve
60,700
-
Profit and loss account
(13,655)
(22,249)
Shareholders' funds
47,065
(22,229)
For the year ending 30 June 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 March 2026 and were signed on its behalf by
Sinead Peeters Director Company Registration No. 07662404
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KPL Ventures Ltd Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
KPL Ventures Ltd is a private company, limited by shares, registered in England and Wales, registration number 07662404. The registered office is 65 TREVALE ROAD, ROCHESTER, KENT, ME1 3PA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
20% reducing balance
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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KPL Ventures Ltd Notes to the Accounts for the year ended 30 June 2025
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 July 2024
1,732
27,276
2,905
31,913
Additions
183
-
-
183
At 30 June 2025
1,915
27,276
2,905
32,096
Depreciation
At 1 July 2024
1,035
15,733
1,810
18,578
Charge for the year
176
2,309
219
2,704
At 30 June 2025
1,211
18,042
2,029
21,282
Net book value
At 30 June 2025
704
9,234
876
10,814
At 30 June 2024
697
11,543
1,095
13,335
5
Investment property
2025
£
Fair value at 1 July 2024
220,066
Net gain from fair value adjustments
80,934
At 30 June 2025
301,000
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
150
85
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
406
741
VAT
1,205
944
Trade creditors
2,038
1,016
Taxes and social security
3
-
Other creditors
13
13
3,665
2,714
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
107,411
122,352
Other creditors
1,796
1,796
Loans from directors
134,186
130,834
243,393
254,982
- 5 -
KPL Ventures Ltd Notes to the Accounts for the year ended 30 June 2025
9
Deferred taxation
2025
2024
£
£
Revaluation of investment property
20,234
-
2025
2024
£
£
Charged to other comprehensive income
20,234
-
Provision at end of year
20,234
-
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -