REGISTERED NUMBER: 06854340 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

KNOWLES-BROWN PROPERTIES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

G P Freiberg

T Russel

L A Russel

REGISTERED OFFICE:

Leylands

High Road

Soulbury

Bedfordshire

LU7 0BY

REGISTERED NUMBER:

06854340 (England and Wales)

ACCOUNTANTS:

Magma Audit LLP (part of the Dains Group)

Lakeside House

4 Smith Way

Grove Park

Leicester

LE19 1SX

CURRENT ASSETS

Stocks

4

940,022

933,274

Debtors

5

254,623

254,708

Cash at bank

2,041

2,303

1,196,686

1,190,285

CREDITORS

Amounts falling due within one year

6

(1,312,738

)

(1,281,931

)

NET CURRENT LIABILITIES

(116,052

)

(91,646

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(116,052

)

(91,646

)

CREDITORS

Amounts falling due after more than one year

7

(92,657

)

(108,496

)

NET LIABILITIES

(208,709

)

(200,142

)

CAPITAL AND RESERVES

Called up share capital

600

600

Retained earnings

(209,309

)

(200,742

)

SHAREHOLDERS' FUNDS

(208,709

)

(200,142

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2026 and were signed on its behalf by:

G P Freiberg - Director

1.	STATUTORY INFORMATION

Knowles-Brown Properties Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 06854340 and the registered office address is Leylands, High Road, Soulbury, Bedfordshire, LU7 0BY.

2.	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.

The presentational currency of the financial statements is the Pound Sterling (£) and figures are rounded to the nearest £1.

Going concern

At the year end the company had net current liabilities of £116,052 (2024: £91,646) and net liabilities of £208,709 (2024: £200,142). The directors have considered the company's ability to pay its long term liabilities and are confident that the long term projects the company has will enable it to pay its liabilities as the fall due. On this basis the director has prepared these financial statements on a going concern basis.

Turnover

Turnover which is derived from the development of building projects, is measured as the fair value of the consideration received or receivable and recognises the sale of properties upon completion.

Rendering of goods

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods) , the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

(i) Financial assets

Basic financial assets, including trade and other debtors, cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest rate method.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Cash and cash equivalents

Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.

STOCKS

2025

2024

£

£

Work-in-progress

940,022

933,274

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

254,623

254,708

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

11,588

4,852

Trade creditors

674

675

Taxation and social security

-

406

Other creditors

1,300,476

1,275,998

1,312,738

1,281,931

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

92,657

108,496

Amounts falling due in more than five years:

Repayable by instalments

Bank loans due in more than 5 years by instalments

34,736

49,044

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

104,245

113,348

Other loans

805,000

805,000

909,245

918,348

The company has listed property as security against these creditors.

9.	RELATED PARTY DISCLOSURES

At 30 November 2025, the company was owed £254,220 (2024: £254,708) by companies with common directorship and shareholdings. The loans are interest free and repayable upon demand.

At 30 November 2025, the company owed £494,913 (2024: £470,435) to companies with common directorship and shareholdings. The loans are interest free and repayable upon demand.