KDS DEVELOPMENTS LIMITED


Directors	DJ Short
	K Short


Registered Address	12a Marlborough Place
	Brighton
	BN1 1WN


Registered Number	03838139 (England and Wales)

Balance Sheet as at
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		1,487,307		1,646,541
			1,487,307		1,646,541
Current assets
Debtors	4	2,245		2,328
Cash at bank and on hand		12,555		-
		14,800		2,328
Creditors amounts falling due within one year	5	(206,750)		(427,639)
Net current assets (liabilities)			(191,950)		(425,311)
Total assets less current liabilities			1,295,357		1,221,230
Creditors amounts falling due after one year	6		(528,844)		(534,059)
Provisions for liabilities	7		(2,228)		(2,734)
Accruals and deferred income			(1,764)		(1,662)
Net assets			762,521		682,775
Capital and reserves
Called up share capital			100		100
Revaluation reserve			353,375		384,384
Profit and loss account			409,046		298,291
Shareholders' funds			762,521		682,775

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 1 June 2026, and are signed on its behalf by:

DJ Short
Director

K Short
Director

Registered Company No. 03838139

KDS DEVELOPMENTS LIMITED

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	Turnover represents gross income from rental of investment property and property development.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Investment property is included at fair value and depreciation is not charged in accordance with the Companies Act 2006 stipulations in relation to investment property and the revaluation model procedure laid down in Section 1A 'Small Entities' of Financial Reporting Standard 102. Gains are recognised in the income statement but are not distributable. All other fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

Investment property is included at fair value and depreciation is not charged in accordance with the Companies Act 2006 stipulations in relation to investment property and the revaluation model procedure laid down in Section 1A 'Small Entities' of Financial Reporting Standard 102. Gains are recognised in the income statement but are not distributable.

All other fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


	Reducing balance (%)	Straight line (years)
Land and buildings	-	5
Plant and machinery	10	-
Fixtures and fittings	15	-
Vehicles	20	-
Office Equipment	25	-

2.	Average number of employees


		2026		2025
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 01 April 25	1,797,300	480	28,503	27,340	1,393	1,855,016
Additions	74,595	-	-	-	-	74,595
Disposals	(254,432)	-	-	(3,700)	-	(258,132)
At 31 March 26	1,617,463	480	28,503	23,640	1,393	1,671,479
Depreciation and impairment
At 01 April 25	165,150	448	21,095	20,393	1,389	208,475
Charge for year	18,340	3	1,482	1,018	1	20,844
On disposals	(41,607)	-	-	(3,540)	-	(45,147)
At 31 March 26	141,883	451	22,577	17,871	1,390	184,172
Net book value
At 31 March 26	1,475,580	29	5,926	5,769	3	1,487,307
At 31 March 25	1,632,150	32	7,408	6,947	4	1,646,541

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Prepayments and accrued income	2,245	2,328
Total	2,245	2,328

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	5,345	4,475
Bank borrowings and overdrafts	51,482	293,251
Other creditors	149,923	129,913
Total	206,750	427,639

6.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	376,544	381,759
Other creditors	152,300	152,300
Total	528,844	534,059

7.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	2,228	2,734
Total	2,228	2,734