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Contents

Balance Sheet	3
Statement of Compliance	4
Notes to the Financial Statements	5–8

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Balance Sheet

As at 30 November 2025

	2025 £	2024 £
Fixed assets	310000	310000
Current assets	0	0
Creditors: amounts falling due within one year	0	0
Net current assets (liabilities)	0	0
Total assets less current liabilities	310000	310000
Creditors: amounts falling due after more than one year	(330785)	(332437)
Total net assets (liabilities)	(20785)	(22437)
Capital and reserves	(20785)	(22437)

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Balance Sheet Continued

For the year ending 30 November 2025 the company was entitled to exemption 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 year in question in accordance with section 476 of the Companies Act 2006.
• 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 and delivered in accordance with the provisions of the small companies regime applicable to micro-entities.

The accounts were approved by the Board of Directors and authorised for issue on 29 August 2026.

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Notes to the Financial Statements

For the Year Ended 30 November 2025

1. Accounting Policies

Turnover

Turnover is recognised when goods are delivered or services are provided.

Taxation

Corporation tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Debtors

Debtors are recognised at the settlement amount due.

Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments.

Creditors

Creditors are recognised when there is an obligation at the balance sheet date as a result of a past event.

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Notes to the Financial Statements (continued)

2. Basis of Preparation

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

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Notes to the Financial Statements (continued)

3. Employee Information

The average number of employees during the year was: 0

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Notes to the Financial Statements (continued)

4. Fixed Assets - Property Valuation

Kes 85 Limited

Registered Number: 13760803

Notes to the Financial Statements

1. Accounting Policies

The financial statements have been prepared using the historical cost basis in accordance with International Accounting Standards (IFRS).

2. Principle Activity

The company holds a residential property. The property is rented out and generates rental income.

3. Property Valuation

The property is recorded in the financial statements at its historical acquisition costs.

The property was acquired on 11 February 2022 for £310,000. Stamp duty and legal costs were expensed in 2022.

4. Loan

The company obtained a loan from its shareholders to fund the property acquisition. The loan attracts interest with no specific or agreed obligation to repay the principal debt.

5. Income

The total rental income received during the period amounted to £16.476.00