REGISTERED NUMBER: 14237961 (England and Wales)

Financial Statements

for the Year Ended 31 July 2025

for

63KT89ER LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr M J Breen

Mr S T Urbaniak

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

14237961 (England and Wales)

ACCOUNTANTS:

JLA Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Investments

4

100

100

Investment property

5

639,147

1,770,874

639,247

1,770,974

CURRENT ASSETS

Debtors

6

515,830

23,819

Cash at bank

105,617

175,278

621,447

199,097

CREDITORS

Amounts falling due within one year

7

1,461,022

2,136,339

NET CURRENT LIABILITIES

(839,575

)

(1,937,242

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(200,328

)

(166,268

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

(200,428

)

(166,368

)

SHAREHOLDERS' FUNDS

(200,328

)

(166,268

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 approved by the Board of Directors and authorised for issue on 13 July 2026 and were signed on its behalf by:

Mr M J Breen - Director

1.	STATUTORY INFORMATION

63KT89ER Ltd 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.

Turnover

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

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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.

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 balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern

The director have a reasonable expectation that the company will continue in operational existence for the foreseeable future and therefore used the going concern basis in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 August 2024

and 31 July 2025

100

NET BOOK VALUE

At 31 July 2025

100

At 31 July 2024

100

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

1,770,874

Additions

783,273

Disposals

(1,915,000

)

At 31 July 2025

639,147

NET BOOK VALUE

At 31 July 2025

639,147

At 31 July 2024

1,770,874

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

as restated

£

£

Amounts owed by group undertakings

510,356

5,979

Directors' current accounts

5,474

-

Prepayments and accrued income

-

17,840

515,830

23,819

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

as restated

£

£

Bank loans and overdrafts (see note 8)

993,124

1,403,000

Amounts owed to group undertakings

2,028

100

Other creditors

460,857

725,492

Accruals and deferred income

5,013

7,747

1,461,022

2,136,339

8.

LOANS

An analysis of the maturity of loans is given below:

31.7.25

31.7.24

as restated

£

£

Amounts falling due within one year or on demand:

Bank loans

993,124

1,403,000

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

as restated

£

£

50

A Ordinary

£1

50

50

50

B Ordinary

£1

50

50

100

100

10.

RESERVES

Retained

earnings

£

At 1 August 2024

(166,368

)

Deficit for the year

(34,060

)

At 31 July 2025

(200,428

)

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2025 and 31 July 2024:

31.7.25

31.7.24

as restated

£

£

Mr S T Urbaniak

Balance outstanding at start of year

-

-

Amounts advanced

18,924

-

Amounts repaid

(13,450

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

5,474

-

At the balance sheet date, the company was owed an amount of £5,474 by the director. Interest has been charged on the loan balance.

12.	RELATED PARTY DISCLOSURES

At the balance sheet date, an amount of Nil (2024: £2,805) is owed by Mayfair Castle Ltd, £2,028 (2024: £3,174) is owed to SU Builders Ltd and £510,356 (2024: £100 owed to) is owed by Taylored Design & Build Ltd. The companies are related by the virtue of the fact that they are under common control.