COMPANY REGISTRATION NUMBER:
11663168
|
KANG PROPERTIES INVESTMENTS LIMITED |
|
|
FILLETED UNAUDITED FINANCIAL STATEMENTS |
|
|
KANG PROPERTIES INVESTMENTS LIMITED |
|
|
STATEMENT OF FINANCIAL POSITION |
|
30 November 2025
FIXED ASSETS
|
Tangible assets |
4 |
|
160,000 |
|
160,000 |
|
|
|
|
|
|
CURRENT ASSETS
|
Cash at bank and in hand |
5,377 |
|
5,316 |
|
|
|
|
|
|
|
CREDITORS: amounts falling due within one year |
5 |
98,862 |
|
102,087 |
|
|
-------- |
|
--------- |
|
|
NET CURRENT LIABILITIES |
|
93,485 |
|
96,771 |
|
|
--------- |
|
--------- |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
|
66,515 |
|
63,229 |
|
|
|
|
|
|
|
PROVISIONS |
|
13,526 |
|
13,526 |
|
|
-------- |
|
-------- |
|
NET ASSETS |
|
52,989 |
|
49,703 |
|
|
-------- |
|
-------- |
|
|
|
|
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CAPITAL AND RESERVES
|
Called up share capital fully paid |
|
100 |
|
100 |
|
Non distributable reserve |
|
40,579 |
|
40,579 |
|
Profit and loss account |
|
12,310 |
|
9,024 |
|
|
-------- |
|
-------- |
|
SHAREHOLDERS FUNDS |
|
52,989 |
|
49,703 |
|
|
-------- |
|
-------- |
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|
|
|
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 November 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 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 financial statements
.
|
KANG PROPERTIES INVESTMENTS LIMITED |
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STATEMENT OF FINANCIAL POSITION (continued) |
|
30 November 2025
These financial statements were approved by the
board of directors
and authorised for issue on
6 July 2026
, and are signed on behalf of the board by:
Company registration number:
11663168
|
KANG PROPERTIES INVESTMENTS LIMITED |
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NOTES TO THE FINANCIAL STATEMENTS |
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YEAR ENDED 30 NOVEMBER 2025
1.
GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Headlands House, 1 Kings Court, Kettering Parkway, Kettering, NN15 6WJ.
2.
STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
Revenue recognition
Turnover represents the amount derived from rents receivable.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. 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.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Investment properties are initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment properties are revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent 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 equity in respect of that asset. Where a a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
4.
TANGIBLE ASSETS
|
Investment property |
|
£ |
|
Cost |
|
|
At 1 December 2024 and 30 November 2025 |
160,000 |
|
--------- |
|
Depreciation |
|
|
At 1 December 2024 and 30 November 2025 |
– |
|
--------- |
|
Carrying amount |
|
|
At 30 November 2025 |
160,000 |
|
--------- |
|
At 30 November 2024 |
160,000 |
|
--------- |
|
|
5.
CREDITORS:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Social security and other taxes |
771 |
583 |
|
Other creditors |
98,091 |
101,504 |
|
-------- |
--------- |
|
98,862 |
102,087 |
|
-------- |
--------- |
|
|
|
Mortgages were secured by a legal charge over the property.