Kereds Estates Ltd Accounts






Kereds Estates Ltd

	Company No. 11015383
		Information for Filing with The Registrar
		31 October 2025

at	31 October 2025
Company No.		11015383	Notes	2025	2024
				£	£
Fixed assets


	Investment property		4	1,549,700	1,511,320

				1,549,700	1,511,320
Current assets

	Debtors		5	1,096	8,892

	Cash at bank and in hand			3,882	1,586
				4,978	10,478
Creditors: Amount falling due within one year			6	(467,199)	(894,989)
Net current liabilities				(462,221)	(884,511)
Total assets less current liabilities				1,087,479	626,809
Creditors: Amounts falling due after more than one year			7	(823,730)	(390,000)
Provisions for liabilities
	Deferred taxation			(24,292)	(34,653)

Net assets				239,457	202,156

Capital and reserves
	Called up share capital			2	2



	Profit and loss account		10	239,455	202,154

Total equity				239,457	202,156



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 October 2025 the company was entitled to exemption from audit 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 09 September 2026 and signed on its behalf by:
H.T. Jones
Director
09 September 2026

for the year ended 31 October 2025

General information

Kereds Estates Ltd is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 11015383

Its registered office is:

Central House

20 Central Avenue

St Andrews Business Park

Norwich

NR7 0HR

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is rents received from the Company's investment properties and is recognised when a tenant occupies the premises.

Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	2	2

4	Investment property
			Freehold Investment Property
			£
		Valuation
		At 1 November 2024	1,511,320
		Additions	731,623
		Revaluation	46,798
		Disposals	(740,041)
		At 31 October 2025	1,549,700


		The company owns four investment properties, all of which are fully complete. At the year end the directors consider the fair value of the completed properties to be £1,549,700, with two properties valued at cost and two properties revalued to £650,000 and £260,000 respectively. During the year the company sold a property for £740,000.

5	Debtors
			2025	2024
			£	£




		VAT recoverable	-	1,662

		Other debtors	-	6,694
		Prepayments and accrued income	1,096	536
			1,096	8,892

6	Creditors:
		amounts falling due within one year
			2025	2024
			£	£


		Other loans	-	334,800

		Trade creditors	152	152

		Taxes and social security	16,409	-
		Loans from directors	-	178,747
		Other creditors	449,678	361,398
		Accruals and deferred income	960	19,892
			467,199	894,989

7	Creditors:
		amounts falling due after more than one year
			2025	2024
			£	£

		Bank loans and overdrafts	823,730	390,000






			823,730	390,000

8	Creditors: secured liabilities
			2025	2024
			£	£
		The aggregate amount of secured liabilities included within creditors	823,730	390,000

		A commercial mortgage to the value of £390,000 is secured by a charge over certain freehold investment property attracting interest at a rate of 5.3% per annum. The monthly repayments comprise interest only.
		A second commercial mortgage to the value of £91,530 is secured by a charge over certain freehold investment property attracting interest at a rate of 4.7% per annum. The monthly repayments comprise interest only.
		A third commercial mortgage to the value of £342,200 is secured by a charge over certain freehold investment property attracting interest at a rate of 6.1% per annum. The monthly repayments comprise interest only.

Share Capital

The company has 2 £1.00 Ordinary shares in issue, all of which are fully paid up at par.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.