Company registration number 06352440 (England and Wales)
KJS Estates Ltd
Unaudited Financial Statements
For the year ended 31 March 2026
KJS Estates Ltd
Contents
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 5
KJS Estates Ltd
Statement Of Financial Position
As at 31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Investment property
3
2,062,447
2,062,447
Investments
4
158,491
158,491
2,220,938
2,220,938
Current assets
Cash at bank and in hand
121,022
97,023
Creditors: amounts falling due within one year
6
(2,067,649)
(2,008,838)
Net current liabilities
(1,946,627)
(1,911,815)
Total assets less current liabilities
274,311
309,123
Creditors: amounts falling due after more than one year
7
(49,754)
(49,754)
Net assets
224,557
259,369
Capital and reserves
Called up share capital
473
473
Revaluation reserve
8
(56,000)
(56,000)
Profit and loss reserves
280,084
314,896
Total equity
224,557
259,369
KJS Estates Ltd
Statement Of Financial Position (continued)
As at 31 March 2026
- 2 -

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 17 August 2026 and are signed on its behalf by:
Mrs J M Sumpter
Director
Company registration number 06352440 (England and Wales)
KJS Estates Ltd
Notes to the financial statements
For the year ended 31 March 2026
- 3 -
1
Accounting policies
Company information

KJS Estates Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 9A Rawlinson Road, Southport, Merseyside, PR9 9LU.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Revenue

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

1.3
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.4
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments value is based on the directors assessment and any impairment losses or reversals of impairment losses are recognised immediately in the profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

KJS Estates Ltd
Notes to the financial statements (continued)
For the year ended 31 March 2026
1
Accounting policies
(Continued)
- 4 -
1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.6
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.7
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
4
2
3
Investment property
2026
£
Fair value
At 1 April 2025 and 31 March 2026
2,062,447

The valuation of the investment properties was made on an open market value basis by reference to market evidence of transaction prices for similar properties and using information provided by the directors.

KJS Estates Ltd
Notes to the financial statements (continued)
For the year ended 31 March 2026
- 5 -
4
Fixed asset investments
2026
2025
£
£
Other investments other than loans
158,491
158,491
5
Financial instruments
2026
2025
£
£
Carrying amount of financial assets include:
Instruments measured at fair value through profit or loss
158,491
158,491
6
Creditors: amounts falling due within one year
2026
2025
£
£
Corporation tax
631
52
Other taxation and social security
16,308
-
0
Other creditors
2,050,710
2,008,786
2,067,649
2,008,838
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Other creditors
49,754
49,754
8
Revaluation reserve
2026
2025
£
£
At the beginning and end of the year
(56,000)
(56,000)
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