Kapinara Properties Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 10594759

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		680,000		640,000

			680,000		640,000
CURRENT ASSETS
Cash at bank and in hand		52,437		17,461

		52,437		17,461
Creditors: Amounts Falling Due Within One Year	5	(4,068 )		(3,099 )

NET CURRENT ASSETS (LIABILITIES)			48,369		14,362

TOTAL ASSETS LESS CURRENT LIABILITIES			728,369		654,362

Creditors: Amounts Falling Due After More Than One Year	6		(605,109 )		(581,156 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(22,523 )		(9,519 )

NET ASSETS			100,737		63,687

CAPITAL AND RESERVES
Called up share capital	7		100		100
Revaluation reserve	8		67,571		40,576
Profit and Loss Account			33,066		23,011

SHAREHOLDERS' FUNDS			100,737		63,687

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Kapinara Properties Limited

Balance Sheet (continued)

As At 28 February 2026

For the year ending 28 February 2026 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 Allan Collett

Director

15/05/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Kapinara Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10594759 . The registered office is 26 Granville Road, Sidcup, Kent, DA14 4BX.

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

Rental income from investment properties represents sums received from tenants during the year.

2.3. 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.

2.4. Taxation

Taxation expense represents the sum of the tax currently payable.

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.

Deferred tax is provided on the investment property fair value gain.

The company's liability for current and deferred tax is based on tax rates (and tax laws) 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 (2025: 2)

4. Investment Property

	2026
	£
Fair Value
As at 1 March 2025	640,000
Fair value adjustments	40,000

As at 28 February 2026	680,000

5. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Corporation tax	2,593	2,449
Accruals and deferred income	1,475	650

	4,068	3,099

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Kapinara Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

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

	2026	2025
	£	£
Bank loans	452,245	412,292
Directors loan account	152,864	168,864

	605,109	581,156

The directors loan is unsecured and there is no future determinable date for repayment. Interest is chargeable at 3% above the Bank of England base rate but no provision has been made for interest accrued but unpaid at the balance sheet date.

7. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

8. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 March 2025	40,576	23,011
Profit for year	-	11,055

Surplus on revaluation	26,995	-

Other comprehensive income for the year	26,995	-

Total comprehensive income for the year	26,995	11,055

Dividends paid	-	(1,000)

As at 28 February 2026	67,571	33,066

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