Kilroy Properties Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08980074

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		15,000		15,000
Investment Properties	5		255,947		-
Investments	6		3,052,718		2,606,718

			3,323,665		2,621,718
CURRENT ASSETS
Stocks	7	1,160,779		237,529
Debtors	8	397,641		1,836,110
Cash at bank and in hand		769		2,298

		1,559,189		2,075,937
Creditors: Amounts Falling Due Within One Year	9	(3,479,573 )		(3,103,996 )

NET CURRENT ASSETS (LIABILITIES)			(1,920,384 )		(1,028,059 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,403,281		1,593,659

Creditors: Amounts Falling Due After More Than One Year	10		(1,019,879 )		(1,023,953 )

NET ASSETS			383,402		569,706

CAPITAL AND RESERVES
Called up share capital	11		100		100
Profit and Loss Account			383,302		569,606

SHAREHOLDERS' FUNDS			383,402		569,706

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Kilroy Properties Ltd

Balance Sheet (continued)

As At 30 April 2025

For the year ending 30 April 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Rushnil Sanger

Director

08/04/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Kilroy Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08980074 . The registered office is 4 Nutter Lane, London, E11 2HY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration receivable. Turnover includes revenue earned from the short term letting of residential flats.

Rental income

Turnover from rental income is recognised in advance, generally at the beginning of each calendar month.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

No depreciation

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Stocks and Work in Progress

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Stock relates to residential flats that are for sale.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 1 May 2024	15,000

As at 30 April 2025	15,000

...CONTINUED

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Kilroy Properties Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

Net Book Value
As at 30 April 2025	15,000

As at 1 May 2024	15,000

5. Investment Property

	2025
	£
Fair Value
As at 1 May 2024	-
Additions	255,947

As at 30 April 2025	255,947

6. Investments

	Unlisted
	£
Cost or Valuation
As at 1 May 2024	2,606,718
Additions	446,000

As at 30 April 2025	3,052,718

Provision
As at 1 May 2024	-

As at 30 April 2025	-

Net Book Value
As at 30 April 2025	3,052,718

As at 1 May 2024	2,606,718

7. Stocks

	2025	2024
	£	£
Finished goods	1,160,779	237,529

8. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	3,150	-
Other debtors	2,000	-
Amounts owed by connected companies	392,491	1,836,110

	397,641	1,836,110

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Kilroy Properties Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

9. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	1,445	1,995
Other creditors	707,852	495,654
Accruals and deferred income	-	5,000
Amounts owed to connected companies	2,770,276	2,601,347

	3,479,573	3,103,996

10. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	1,019,879	1,023,953

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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