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Registered number: 11996187
KAPI Homes Limited
Financial Statements
For The Year Ended 31 May 2025
BBK Partnership
Chartered Accountants & Statutory Auditors
1 Beauchamp Court, 10 Victors Way
Barnet
Hertfordshire
EN5 5TZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11996187
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 972 770
Investment Properties 5 405,000 462,175
405,972 462,945
CURRENT ASSETS
Cash at bank and in hand 11,076 4,844
11,076 4,844
Creditors: Amounts Falling Due Within One Year 6 (78,906 ) (279,199 )
NET CURRENT ASSETS (LIABILITIES) (67,830 ) (274,355 )
TOTAL ASSETS LESS CURRENT LIABILITIES 338,142 188,590
Creditors: Amounts Falling Due After More Than One Year 7 (310,219 ) (168,201 )
NET ASSETS 27,923 20,389
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 27,823 20,289
SHAREHOLDERS' FUNDS 27,923 20,389
Page 1
Page 2
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 P Jeyakantharajah
Director
29/05/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
KAPI Homes Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11996187 . The registered office is 33 Century Way, Beckenham, Kent, BR3 1BY.
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 received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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:
Fixtures & Fittings 20%
Computer Equipment 20%
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 June 2024 - 962 962
Additions 494 - 494
As at 31 May 2025 494 962 1,456
Depreciation
As at 1 June 2024 - 192 192
Provided during the period 99 193 292
As at 31 May 2025 99 385 484
Net Book Value
As at 31 May 2025 395 577 972
As at 1 June 2024 - 770 770
5. Investment Property
2025
£
Fair Value
As at 1 June 2024 462,175
Transfers (57,175 )
As at 31 May 2025 405,000
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors (1 ) -
Other creditors 78,907 279,199
78,906 279,199
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 310,219 168,201
Page 4
Page 5
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5