KANDEL HOMES LTD - Accounts

KANDEL HOMES LTD
Statement of Financial Position
As at 30 June 2026

	2026
	£	£
Fixed assets		277,778
Current assets	961
Creditors: amount falling due within one year	(93,000)
Net current assets		(92,039)
Total assets less current liabilities		185,739
Creditors: amount falling due after more than one year		(194,242)
Net assets		(8,503)


Capital and reserves		(8,503)

NOTES TO THE ACCOUNTS

General Information

KANDEL HOMES LTD is a private company, limited by shares, registered in England and Wales, registration number 16506682, registration address 12C JUBILEE TERRACE, GILLINGHAM KENT, ME7 1JT.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings

0 Reducing Balance

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

Tangible fixed assets

Cost or valuation	Land and Buildings	Total
	£	£
At 09 June 2025	-	-
Additions	277,778	277,778
Disposals	-	-
At 30 June 2026	277,778	277,778
Depreciation
At 09 June 2025	-	-
Charge for period	-	-
On disposals	-	-
At 30 June 2026	-	-
Net book values
Closing balance as at 30 June 2026	277,778	277,778
Opening balance as at 09 June 2025	-	-

3.	Average number of employees Average number of employees during the period was 0.

For the period ended 30 June 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 period 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 accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.

The financial statements were approved by the board of directors on 07 August 2026 and were signed on its behalf by:

--------------------------------
Raju Prasad KANDEL
Director

Registered Number: 16506682
England and Wales
KANDEL HOMES LTD

Abridged Accounts

Period of accounts Start date: 09 June 2025 End date: 30 June 2026