REGISTERED NUMBER: 02067568 (England and Wales)

KENMOR PROPERTIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Graham

K Graham

Mrs H Graham

Mrs A T Graham

SECRETARY:

K Graham

REGISTERED OFFICE:

Kenmor

Main Road

Saltfleet

Louth

Lincolnshire

LN11 7SB

REGISTERED NUMBER:

02067568 (England and Wales)

ACCOUNTANTS:

Dexter & Sharpe (Louth)

Chartered Certified Accountants

1 Eastgate

Louth

Lincolnshire

LN11 9NB

FIXED ASSETS

Tangible assets

3

87,505

13,509

Investment property

4

2,085,000

2,085,000

2,172,505

2,098,509

CURRENT ASSETS

Stocks

52

52

Debtors

7,111

6,935

Cash at bank

15,678

11,519

22,841

18,506

CREDITORS

Amounts falling due within one year

227,972

227,545

NET CURRENT LIABILITIES

(205,131

)

(209,039

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,967,374

1,889,470

CREDITORS

Amounts falling due after more than one year

(68,447

)

-

PROVISIONS FOR LIABILITIES

5

(287,513

)

(275,415

)

NET ASSETS

1,611,414

1,614,055

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Fair value reserve

6

1,140,478

1,140,478

Retained earnings

460,936

463,577

SHAREHOLDERS' FUNDS

1,611,414

1,614,055

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 21 July 2026 and were signed on its behalf by:

K Graham - Director

1.	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.

The financial statements have been prepared in accordance with applicable accounting standards.

Turnover

Turnover represents net invoiced rent received, excluding value added tax.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 5 ) .

3.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 November 2024

50,111

Additions

91,299

Disposals

(41,278

)

At 31 October 2025

100,132

DEPRECIATION

At 1 November 2024

36,602

Charge for year

8,461

Eliminated on disposal

(32,436

)

At 31 October 2025

12,627

NET BOOK VALUE

At 31 October 2025

87,505

At 31 October 2024

13,509

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

2,085,000

NET BOOK VALUE

At 31 October 2025

2,085,000

At 31 October 2024

2,085,000

Fair value at 31 October 2025 is represented by:

£

Valuation in 2015

556,326

Valuation in 2019

617,540

Valuation in 2021

153,650

Valuation in 2022

85,000

Cost

672,484

2,085,000

If the investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

672,484

672,484

The investment properties were valued on an open market basis on 31 October 2025 by the directors .

5.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

287,513

275,415

Deferred

tax

£

Balance at 1 November 2024

275,415

Accelerated capital allowances

12,098

Balance at 31 October 2025

287,513

6.

RESERVES

Fair

value

reserve

£

At 1 November 2024

and 31 October 2025

1,140,478