Company Registration No. 09673922 (England and Wales)
KRM Properties Limited
Unaudited accounts
for the year ended 31 July 2025
KRM Properties Limited
Unaudited accounts
Contents
KRM Properties Limited
Company Information
for the year ended 31 July 2025
Directors
John Adrian Neal-Morris
Samantha Louise Neal-Morris
Company Number
09673922 (England and Wales)
Registered Office
Pure Offices Cheadle
Suite 42 Brooks Drive
Cheadle Royal Business Park
Cheadle
SK8 3TD
England
KRM Properties Limited
Statement of financial position
as at 31 July 2025
Tangible assets
901
3,126,666
Investment property
5,878,929
-
Inventories
151,072
117,828
Cash at bank and in hand
84,628
4,158
Creditors: amounts falling due within one year
(2,808,196)
(2,723,443)
Net current liabilities
(2,516,114)
(2,576,272)
Total assets less current liabilities
3,363,716
550,394
Creditors: amounts falling due after more than one year
(3,000,000)
(401,700)
Provisions for liabilities
Net assets
335,695
148,694
Called up share capital
1
1
Profit and loss account
335,694
148,693
Shareholders' funds
335,695
148,694
For the year ending 31 July 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by
John Adrian Neal-Morris
Director
Company Registration No. 09673922
KRM Properties Limited
Notes to the Accounts
for the year ended 31 July 2025
KRM Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 09673922. The registered office is Pure Offices Cheadle, Suite 42 Brooks Drive, Cheadle Royal Business Park, Cheadle, SK8 3TD, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
KRM Properties Limited
Notes to the Accounts
for the year ended 31 July 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At valuation
At cost
At cost
At 1 August 2024
3,126,023
2,109
3,750
3,131,882
Additions
2,606,329
-
559
2,606,888
Revaluations
146,577
-
-
146,577
Transfer to investment property
(5,878,929)
-
-
(5,878,929)
At 31 July 2025
-
2,109
4,309
6,418
At 1 August 2024
-
1,841
3,375
5,216
Charge for the year
-
67
234
301
At 31 July 2025
-
1,908
3,609
5,517
At 31 July 2025
-
201
700
901
At 31 July 2024
3,126,023
268
375
3,126,666
Amounts falling due within one year
Trade debtors
(40,224)
(5,647)
Accrued income and prepayments
61,009
2,417
Other debtors
35,597
28,415
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
353,580
1,195,596
Amounts owed to group undertakings and other participating interests
2,377,893
993,806
Taxes and social security
19,461
-
Other creditors
32,821
28,700
Loans from directors
-
444,650
Deferred income
23,200
59,500
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
3,000,000
401,700
KRM Properties Limited
Notes to the Accounts
for the year ended 31 July 2025
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).