Registration number: 08755241

Kavnik Properties Limited

(Registration number: 08755241)

Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	3	1,219,558	1,219,558
Current assets
Debtors	4	2,263	2,473
Cash at bank and in hand		119,349	64,308
		121,612	66,781
Creditors: Amounts falling due within one year	5	(9,509)	(9,856)
Net current assets		112,103	56,925
Total assets less current liabilities		1,331,661	1,276,483
Creditors: Amounts falling due after more than one year	5	(1,203,353)	(1,174,129)
Net assets		128,308	102,354
Capital and reserves
Called up share capital		1,000	1,000
Retained earnings		127,308	101,354
Shareholders' funds		128,308	102,354

For the financial year ending 31 March 2026 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.

Kavnik Properties Limited

(Registration number: 08755241)

Balance Sheet as at 31 March 2026 (continued)

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities.

These financial statements were approved and authorised for issue by the Board on 16 July 2026 and signed on its behalf by:
 

.........................................

Mr R Nagji

Director

Kavnik Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	Accounting policies

Statutory information

Kavnik Properties Limited is a private company, limited by shares, domiciled in England and Wales, company number 08755241. The registered office is at Unit 5C Corinium Industrial Estate, Raans Road, Amersham, HP6 6YJ.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

These financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Revenue recognition

Turnover represents rents receivable from tenants.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investment property

Investment properties are included at fair value. Gains are recognised in the statement of profit and loss. Deferred tax is provided on these gains at a rate expected to arise on the ultimate sale of the property.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

Kavnik Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026 (continued)

3	Tangible assets

	Land and buildings £	Total £
Valuation
At 1 April 2025	1,219,558	1,219,558
At 31 March 2026	1,219,558	1,219,558
Carrying amount
At 31 March 2026	1,219,558	1,219,558
At 31 March 2025	1,219,558	1,219,558

4

Debtors

	2026 £	2025 £
Prepayments	2,263	2,473
	2,263	2,473

5

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Accruals and deferred income	1,765	1,680
Other creditors	-	49
Directors current account	937	625
Corporation tax	6,807	7,502
	9,509	9,856