Kirkvale Estates Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 09180841 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

KIRKVALE ESTATES LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

J Green

REGISTERED OFFICE:

Data House

43-45 Stamford Hill

London

N16 5SR

REGISTERED NUMBER:

09180841 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Investment property

5

290,000

CURRENT ASSETS

Debtors

6

124,844

133,844

Cash at bank

5,083

80

129,927

133,924

CREDITORS

Amounts falling due within one year

7

(37,021

)

(34,364

)

NET CURRENT ASSETS

92,906

99,560

TOTAL ASSETS LESS CURRENT
LIABILITIES

382,906

389,560

CREDITORS

Amounts falling due after more than one
year

8

(238,788

)

(247,907

)

PROVISIONS FOR LIABILITIES

(23,458

)

(23,458

)

NET ASSETS

120,660

118,195

CAPITAL AND RESERVES

Called up share capital

11

100

Fair value reserve

12

112,342

Retained earnings

12

8,218

5,753

SHAREHOLDERS' FUNDS

120,660

118,195

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 his 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.

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 Income Statement has not been delivered.

The financial statements were approved and authorized for issue by the director and authorised for issue on 18 May 2026 and were signed by:

J Green - Director

1.	STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents net rent receivable, excluding value added tax.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4.	EMPLOYEES AND DIRECTORS

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

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

and 31 August 2025

290,000

NET BOOK VALUE

At 31 August 2025

290,000

At 31 August 2024

290,000

Fair value at 31 August 2025 is represented by:

£

Valuation in 2017

135,800

Cost

154,200

290,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Other debtors

124,844

133,844

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Bank loans and overdrafts (see note 9)

7

Trade creditors

2,491

2,034

Other creditors

34,523

32,323

37,021

34,364

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.8.25

31.8.24

£

Bank loans (see note 9)

229,456

Other creditors

9,332

18,451

238,788

247,907

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

229,456

Other creditors includes Bounceback loan of £9,785 [2024 - £18,451]. The loan is unsecured, interest free for the first year, then capped at 2.5% afterwards and guaranteed by HM Government.

9.

LOANS

An analysis of the maturity of loans is given below:

31.8.25

31.8.24

£

Amounts falling due within one year or on demand:

Bank overdrafts

7

Amounts falling due between two and five years:

Other loans - 2-5 years

9,332

18,451

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

229,456

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.25

31.8.24

£

Bank loans

229,456

Bank loan is secured by a first charge over company's investment properties and bear interest at variable rates.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

100

Ordinary

£1

100

12.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

At 1 September 2024

5,753

112,342

118,095

Profit for the year

2,465

At 31 August 2025

8,218

112,342

120,560

13.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J Green.