REGISTERED NUMBER: 09632430 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

KMP (West Dulwich) Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr N N Patel

Mr K M Patel

Mr B Patel

Mr V M Patel

REGISTERED OFFICE:

C/o KMP Group

2nd Floor,

29-33 Church Road

Stanmore

Middlesex

HA7 4AR

REGISTERED NUMBER:

09632430 (England and Wales)

ACCOUNTANTS:

Andrew Murray & Co

Business Advisors and Statutory Auditors

144-146 Kings Cross Road

King's Cross

WC1X 9DU

FIXED ASSETS

Tangible assets

4

49,641

74,462

Investment property

5

4,700,000

4,700,000

4,749,641

4,774,462

CURRENT ASSETS

Debtors

6

46,039

42,205

Cash at bank

23,754

44,629

69,793

86,834

CREDITORS

Amounts falling due within one year

7

3,942,418

3,910,113

NET CURRENT LIABILITIES

(3,872,625

)

(3,823,279

)

TOTAL ASSETS LESS CURRENT LIABILITIES

877,016

951,183

PROVISIONS FOR LIABILITIES

8

379,411

385,617

NET ASSETS

497,605

565,566

CAPITAL AND RESERVES

Called up share capital

99

99

Other reserves

9

1,241,391

1,241,391

Retained earnings

9

(743,885

)

(675,924

)

SHAREHOLDER FUNDS

497,605

565,566

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 authorised for issue by the Board of Directors and authorised for issue on 24 June 2026 and were signed on its behalf by:

Mr V M Patel - Director

1.	STATUTORY INFORMATION

KMP (West Dulwich) Limited 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Going Concern

As at the balance sheet date, the company's current liabilities exceeded current assets by £3,872,625 (2024: £3,823,279). However, the directors of the company consider that the going concern basis is appropriate in view of the assurance of continuing financial support which the company has received from its shareholders.The financial statements do not reflect the adjustments that would be required if the company was not a going concern.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents amounts receivable for rent and services. Rent is recognised for the period for which it is due.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

25% on cost

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.

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts which are an integral part of the company's cash management.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 October 2024

and 30 September 2025

99,283

DEPRECIATION

At 1 October 2024

24,821

Charge for year

24,821

At 30 September 2025

49,642

NET BOOK VALUE

At 30 September 2025

49,641

At 30 September 2024

74,462

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

and 30 September 2025

4,700,000

NET BOOK VALUE

At 30 September 2025

4,700,000

At 30 September 2024

4,700,000

Fair value at 30 September 2025 is represented by:

£

Valuation in 2024

1,608,392

Cost

3,091,608

4,700,000

If investment property had not been revalued it would have been included at the following historical cost:

30.9.25

30.9.24

£

£

Cost

3,091,608

3,091,608

Investment property was valued on an open market basis on 18 July 2023 by Cushman & Wakefield chartered surveyors. .

In the opinion of the directors, market value of the investment properties as at balance sheet date were not significantly different to their book values as per financial statements.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Other debtors

39,940

38,613

Called up share capital not paid

99

99

Prepayments

6,000

3,493

46,039

42,205

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade creditors

44

(1

)

Other Creditors

3,916,442

3,886,242

Accrued expenses

25,932

23,872

3,942,418

3,910,113

8.	PROVISIONS FOR LIABILITIES

30.9.25

30.9.24

£

£

Deferred tax

Accelerated capital allowances

12,410

18,616

Deferred tax

367,001

367,001

379,411

385,617

Deferred

tax

£

Balance at 1 October 2024

385,617

Provided during year

(6,206

)

Balance at 30 September 2025

379,411

9.

RESERVES

Retained

Other

earnings

reserves

Totals

£

£

£

At 1 October 2024

(675,924

)

1,241,391

565,467

Deficit for the year

(67,961

)

(67,961

)

At 30 September 2025

(743,885

)

1,241,391

497,506

10.	RELATED PARTY DISCLOSURES

Included in the other creditors is an amount of £3,863,088 (2024: £3,836,350) and £11,279 (2024: £761,279) owed by the company to KMP Propfin Ltd and KMP & Sons respectively. Both KMP Propfin Ltd and KMP & Sons are related party entities.These loans are payable on demand.

During the year company was charged loan interest of £207,823 (2024: £210,411) by KMP PropFin Ltd.

Natwest Bank Plc has a fixed and floating charge over all company assets and undertakings against a loan advanced to KMP Propfin Ltd, a company under common control.

.

11.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.