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Registration number: 10914914

K4 Properties Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 August 2025

K4 Properties Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 7

K4 Properties Limited

Company Information

Directors | D A Kittlety J R Kittlety N A Kittlety P R Kittlety

Registered office | Unit 1, Office 1 Tower Lane Business Park Tower Lane Warmley Bristol BS30 8XT

Accountants | Ross & Partners (Bristol) Limited Accountants and Tax Consultants Unit 1, Office 1 Tower Lane Business Park Tower Lane Warmley Bristol BS30 8XT

K4 Properties Limited

(Registration number: 10914914)
Balance Sheet as at 31 August 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 3 | - | 132
Investment property | 4 | - | 197,992
|  | - | 198,124
Current assets |  |  |
Cash at bank and in hand |  | 64,395 | 21,735
Creditors: Amounts falling due within one year | 5 | (54,978) | (3,679)
Net current assets |  | 9,417 | 18,056
Total assets less current liabilities |  | 9,417 | 216,180
Creditors: Amounts falling due after more than one year | 5 | - | (210,563)
Net assets |  | 9,417 | 5,617
Capital and reserves |  |  |
Called up share capital | 6 | 40 | 40
Retained earnings |  | 9,377 | 5,577
Shareholders' funds |  | 9,417 | 5,617

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

K4 Properties Limited

(Registration number: 10914914)
Balance Sheet as at 31 August 2025

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 February 2026 and signed on its behalf by:

......................................... D A Kittlety Director

K4 Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

K4 Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Asset class | Depreciation method and rate
Office equipment | 25% reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

2 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 4).

K4 Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

3 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 September 2024 | 558 | 558
Disposals | (558) | (558)
At 31 August 2025 | - | -
Depreciation
At 1 September 2024 | 426 | 426
Eliminated on disposal | (426) | (426)
At 31 August 2025 | - | -
Carrying amount
At 31 August 2025 | - | -
At 31 August 2024 | 132 | 132

4 | Investment properties

| 2025 £
At 1 September | 197,992
Disposals | (197,992)
At 31 August | -

There has been no valuation of investment property by an independent valuer.

5 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 10,324 | 1,637
Accruals and deferred income | 983 | 2,042
Other creditors | 43,671 | -
| 54,978 | 3,679

K4 Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Creditors: amounts falling due after more than one year

| 2025 £ | 2024 £
Due after one year |  |
Other non-current financial liabilities | - | 210,563

6 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary A shares of £1 each | 20 | 20 | 20 | 20
Ordinary B shares of £1 each | 10 | 10 | 10 | 10
Ordinary C shares of £1 each | 10 | 10 | 10 | 10
| 40 | 40 | 40 | 40

7 | Related party transactions

Loans from related parties

2025 | Key management £ | Total £
At start of period | 210,562 | 210,562
Advanced | 40,800 | 40,800
Repaid | (207,692) | (207,692)
At end of period | 43,670 | 43,670

2024 | Key management £ | Total £
At start of period | 221,514 | 221,514
Advanced | 1,048 | 1,048
Repaid | (12,000) | (12,000)
At end of period | 210,562 | 210,562

Terms of loans from related parties

Interest of £Nil (2024 : £1,000) has been paid to the directors on this loan balance.