1 October 2024 v2026.25.1 limited_company_frs_102_section_1a_v1_1_3 companies_house Software false true true true No description of principal activity false true xbrli:pure xbrli:shares iso4217:GBP 11962400 2024-10-01 2025-09-30 11962400 2025-09-30 11962400 2024-09-30 11962400 core:WithinOneYear 2025-09-30 11962400 core:WithinOneYear 2024-09-30 11962400 core:ShareCapital 2025-09-30 11962400 core:ShareCapital 2024-09-30 11962400 core:RetainedEarningsAccumulatedLosses 2025-09-30 11962400 core:RetainedEarningsAccumulatedLosses 2024-09-30 11962400 bus:Director1 2024-10-01 2025-09-30 11962400 bus:RegisteredOffice 2024-10-01 2025-09-30 11962400 core:OfficeEquipment 2024-10-01 2025-09-30 11962400 2023-10-01 2024-09-30 11962400 2024-10-01 11962400 1 2024-10-01 2025-09-30 11962400 countries:EnglandWales 2024-10-01 2025-09-30 11962400 bus:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 11962400 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 11962400 bus:SmallEntities 2024-10-01 2025-09-30 11962400 bus:AbridgedAccounts 2024-10-01 2025-09-30
Company registration number:
11962400
KINGBRIDGE PROPERTIES LIMITED
Unaudited Filleted Abridged Financial Statements for the year ended
30 September 2025
KINGBRIDGE PROPERTIES LIMITED
Abridged Statement of Financial Position
30 September 2025

|  | 2025 | 2024
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Tangible assets | 5 | 8,148 |  | 7,280 |
Current assets |  |  |  |  |
Debtors |  | 1,242,010 |  | 2,102,353 |
Cash at bank and in hand |  | 412,439 |  | 227,097 |
|  | 1,654,449 |  | 2,329,450 |
Creditors: amounts falling due within one year |  | (1,447,540 | ) | (2,038,509 | )
Net current assets |  | 206,909 |  | 290,941 |
Total assets less current liabilities |  | 215,057 |  | 298,221 |
Capital and reserves |  |  |  |  |
Called up share capital |  | 121 |  | 121 |
Profit and loss account |  | 214,936 |  | 298,100 |
Shareholders funds |  | 215,057 |  | 298,221 |

For the year ending
30 September 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 abridged financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements.

All of the members have consented to the preparation of the abridged statement of financial position and the abridged income statement for the year ended
30 September 2025
in accordance with Section 444(2A) of the Companies Act 2006.
These
abridged 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.
These
abridged financial statements
were approved by the board of directors and authorised for issue on
11 June 2026
, and are signed on behalf of the board by:

M Robertson
Director

Company registration number:
11962400
KINGBRIDGE PROPERTIES LIMITED
Notes to the Abridged Financial Statements
Year ended
30 September 2025

## 1 General information

The company is a private company limited by shares and is registered in England and Wales, registered number 11962400. The address of the registered office is
8th Floor 101 Wigmore Street
,
London
,
W1U 1QU
, England.

## 2 Statement of compliance

These
abridged financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

## 3 Accounting policies

## Basis of preparation

The
abridged financial statements
have been prepared under the historical cost convention.
The
abridged financial statements
are prepared in sterling, which is the functional currency of the company.

## Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
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.

## Taxation

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Income tax expense represents the sum of the tax currently payable and deferred tax. 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 years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

## Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Office equipment | 25% straight line

## 4 Average number of employees

The average number of persons employed by the company during the year was
6
(2024:
6.00
).

## 5 Fixed assets

| Tangible assets
--- | ---
| £
Cost |  |
At 1 October 2024 | 10,364 |
Additions | 4,515 |
At 30 September 2025 | 14,879 |
Depreciation |  |
At 1 October 2024 | 3,084 |
Charge | 3,647 |
At 30 September 2025 | 6,731 |
Carrying amount |  |
At 30 September 2025 | 8,148 |
At 30 September 2024 | 7,280 |