Ks Works Property Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 15505599

		28 February 2025
	Notes	£	£
FIXED ASSETS
Tangible Assets	4		250,000

			250,000
CURRENT ASSETS
Debtors	5	62
Cash at bank and in hand		102

		164
Creditors: Amounts Falling Due Within One Year	6	(26,913 )

NET CURRENT ASSETS (LIABILITIES)			(26,749 )

TOTAL ASSETS LESS CURRENT LIABILITIES			223,251

Creditors: Amounts Falling Due After More Than One Year	7		(110,654 )

NET ASSETS			112,597

CAPITAL AND RESERVES
Called up share capital	8		100
Revaluation reserve	9		115,483
Profit and Loss Account			(2,986 )

SHAREHOLDERS' FUNDS			112,597

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Ks Works Property Limited

Balance Sheet (continued)

As At 28 February 2025

For the period ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Andrew Pickup

Director

02/06/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Ks Works Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15505599 . The registered office is King Street Works, King Street, Drighlington, Bardford, BD11 1EJ.

During the year ended 28 February 2025, the company's property was not let to tenants and did not generate rental income. The property was undergoing renovation and improvement works throughout the period in preparation for future letting. Consequently, no turnover was recognised during the year.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. Average Number of Employees

Average number of employees, including directors, during the period was: NIL

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost or Valuation
As at 20 February 2024	-
Additions	134,517
Revaluation	115,483

As at 28 February 2025	250,000

Net Book Value
As at 28 February 2025	250,000

As at 20 February 2024	-

5. Debtors

	28 February 2025
	£
Due within one year
Other debtors	62

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Ks Works Property Limited

Notes to the Financial Statements (continued)

For the Period 20 February 2024 to 28 February 2025

6. Creditors: Amounts Falling Due Within One Year

	28 February 2025
	£
Other creditors	26,913

7. Creditors: Amounts Falling Due After More Than One Year

	28 February 2025
	£
Bank loans	110,654

8. Share Capital

	28 February 2025
	£
Allotted, Called up and fully paid	100

9. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 20 February 2024	-	-
Loss for period	-	(2,986)

Surplus on revaluation	115,483	-

Other comprehensive income for the period	115,483	-

Total comprehensive income for the period	115,483	(2,986 )

As at 28 February 2025	115,483	(2,986 )

10. Related Party Transactions

During the year the director, Mr Andrew Pickup, provided financial support to the company through a director's loan account to assist with the funding of the company's activities and property-related expenditure.

At 28 February 2025, the balance due to the director amounted to £25,113.44 (2024: £Nil). The balance is unsecured, interest free and repayable on demand.

Included within other creditors at 28 February 2025 is a balance of £1,550 (2024: £Nil) due to Pickup Investment Properties (Knaresborough) Ltd, a company under common control of the director, Mr Andrew Pickup. The balance arose in the normal course of business, is unsecured, interest free and repayable on demand.

11.

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Ks Works Property Limited

Notes to the Financial Statements (continued)

For the Period 20 February 2024 to 28 February 2025

Tangible Assets

Land and buildings are stated at cost or valuation. The property was independently valued during the period and the resulting surplus has been credited to the revaluation reserve. The directors review the carrying value annually and consider it appropriate to the company's circumstances.

Depreciation

Freehold land is not depreciated. The directors have reviewed the property and consider that any depreciation charge on the building element would be immaterial to the financial statements and therefore no depreciation has been provided.

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