IRIS Accounts Production v26.1.10.60 11889870 director 1.9.24 31.8.25 31.8.25 0 0 false true false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 11889870 2024-08-31 11889870 2025-08-31 11889870 2024-09-01 2025-08-31 11889870 2023-08-31 11889870 2023-09-01 2024-08-31 11889870 2024-08-31 11889870 ns15:EnglandWales 2024-09-01 2025-08-31 11889870 ns14:PoundSterling 2024-09-01 2025-08-31 11889870 ns10:Director1 2024-09-01 2025-08-31 11889870 ns10:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 11889870 ns10:SmallEntities 2024-09-01 2025-08-31 11889870 ns10:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 11889870 ns10:SmallCompaniesRegimeForDirectorsReport 2024-09-01 2025-08-31 11889870 ns10:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 11889870 ns10:FullAccounts 2024-09-01 2025-08-31 11889870 ns10:OrdinaryShareClass1 2024-09-01 2025-08-31 11889870 ns5:CurrentFinancialInstruments 2025-08-31 11889870 ns5:CurrentFinancialInstruments 2024-08-31 11889870 ns5:Non-currentFinancialInstruments 2025-08-31 11889870 ns5:Non-currentFinancialInstruments 2024-08-31 11889870 ns5:ShareCapital 2025-08-31 11889870 ns5:ShareCapital 2024-08-31 11889870 ns5:RetainedEarningsAccumulatedLosses 2025-08-31 11889870 ns5:RetainedEarningsAccumulatedLosses 2024-08-31 11889870 ns10:RegisteredOffice 2024-09-01 2025-08-31 11889870 ns5:LeaseholdImprovements 2024-08-31 11889870 ns5:FurnitureFittings 2024-08-31 11889870 ns5:ComputerEquipment 2024-08-31 11889870 ns5:LeaseholdImprovements 2024-09-01 2025-08-31 11889870 ns5:FurnitureFittings 2024-09-01 2025-08-31 11889870 ns5:ComputerEquipment 2024-09-01 2025-08-31 11889870 ns5:LeaseholdImprovements 2025-08-31 11889870 ns5:FurnitureFittings 2025-08-31 11889870 ns5:ComputerEquipment 2025-08-31 11889870 ns5:LeaseholdImprovements 2024-08-31 11889870 ns5:FurnitureFittings 2024-08-31 11889870 ns5:ComputerEquipment 2024-08-31 11889870 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-08-31 11889870 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-08-31 11889870 ns10:OrdinaryShareClass1 2025-08-31

REGISTERED NUMBER: 11889870 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

K. P. Spaces Ltd

| K. P. Spaces Ltd (Registered number: 11889870) |

Contents of the Financial Statements

for the Year Ended 31 August 2025

Page |

| Balance Sheet | 1 |

| Notes to the Financial Statements | 3 |

| K. P. Spaces Ltd (Registered number: 11889870) |

Balance Sheet

31 August 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

Fixed assets

Tangible assets | 4 | 7,039 |  | 7,667 |  |

Current assets

Stocks | 867 |  | 300 |  |

Debtors | 5 | 4,344 |  | 2,624 |  |

Cash at bank | 4,902 |  | 10,712 |  |

10,113 |  | 13,636 |  |

Creditors

Amounts falling due within one year | 6 | 31,491 |  | 30,495 |  |

Net current liabilities | (21,378 | ) | (16,859 | ) |

Total assets less current liabilities | (14,339 | ) | (9,192 | ) |

Creditors

Amounts falling due after more than one year | 7 | - |  | (1,094 | ) |

Provisions for liabilities | (1,760 | ) | (987 | ) |

Net liabilities | (16,099 | ) | (11,273 | ) |

Capital and reserves

Called up share capital | 8 | 100 |  | 100 |  |

Retained earnings | (16,199 | ) | (11,373 | ) |

Shareholders' funds | (16,099 | ) | (11,273 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

| K. P. Spaces Ltd (Registered number: 11889870) |

Balance Sheet - continued

31 August 2025

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 May 2026 and were signed by:

P N Parker - Director

| K. P. Spaces Ltd (Registered number: 11889870) |

Notes to the Financial Statements

for the Year Ended 31 August 2025

1. | Statutory information

| K. P. Spaces Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 11889870

| Registered office: | 85 Church Road

| Hove

| East Sussex

| BN3 2BB

| The presentation currency of the financial statement is in Pound Sterling (£) and the rounding is to the nearest £.

2. | Accounting policies

| Basis of preparing the financial statements

| The company meets its day to day working capital requirements through trading cash inflows and the continued support of the director. On this basis the director considers it appropriate to prepare the financial statements on a going concern basis. These financial statements do not include any adjustments that would arise from a deterioration in trading or withdrawal of such support.

| Turnover

| Turnover represents room hire and bar income receivable for the period.

| Tangible fixed assets

| Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Fixtures and fittings - 20% Straight line

| Computer equipment - 33% Straight line

| Short leasehold improvements - over the period of the lease

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

| K. P. Spaces Ltd (Registered number: 11889870) |

Notes to the Financial Statements - continued

for the Year Ended 31 August 2025

2. | Accounting policies - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. | Employees and directors

| The average number of employees during the year was NIL (2024 - NIL).

4. | Tangible fixed assets

| Improvements |  | Fixtures |

| to |  | and |  | Computer |

| property |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ |

| Cost

| At 1 September 2024 | 31,105 |  | 11,519 |  | 1,402 |  | 44,026 |  |

| Additions | - |  | 4,437 |  | 274 |  | 4,711 |  |

| At 31 August 2025 | 31,105 |  | 15,956 |  | 1,676 |  | 48,737 |  |

| Depreciation

| At 1 September 2024 | 27,385 |  | 7,580 |  | 1,394 |  | 36,359 |  |

| Charge for year | 3,720 |  | 1,565 |  | 54 |  | 5,339 |  |

| At 31 August 2025 | 31,105 |  | 9,145 |  | 1,448 |  | 41,698 |  |

| Net book value

| At 31 August 2025 | - |  | 6,811 |  | 228 |  | 7,039 |  |

| At 31 August 2024 | 3,720 |  | 3,939 |  | 8 |  | 7,667 |  |

| K. P. Spaces Ltd (Registered number: 11889870) |

Notes to the Financial Statements - continued

for the Year Ended 31 August 2025

5. | Debtors: amounts falling due within one year |

2025 | 2024 |

£ | £ |

| Trade debtors | 1,064 |  | 775 |  |

| Other debtors | 3,280 |  | 1,849 |  |

4,344 |  | 2,624 |  |

6. | Creditors: amounts falling due within one year |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 1,170 |  | 1,606 |  |

| Taxation and social security | - |  | 1,140 |  |

| Other creditors | 30,321 |  | 27,749 |  |

31,491 |  | 30,495 |  |

7. | Creditors: amounts falling due after more than one year |

2025 | 2024 |

£ | £ |

| Bank loans | - |  | 1,094 |  |

8. | Called up share capital

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

9. | Other financial commitments

| At the year end the company had non-cancellable operating lease commitments relating to agreements

| ending between one and five years from the balance sheet date of £82,500 (2024: £nil).

10. | Related party disclosures

| Creditors include a balance of £26,506 (2024: £24,907) owed to the director.