REGISTERED NUMBER: 07103090 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

KMA PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K I Allison-Dean

D R Allison

M R Allison

N Willson

REGISTERED OFFICE:

Marton Hall

Church Lane

Sewerby

Bridlington

East Yorkshire

YO15 1DS

REGISTERED NUMBER:

07103090 (England and Wales)

ACCOUNTANTS:

Lloyd Dowson Limited

Medina House

2 Station Avenue

Bridlington

East Yorkshire

YO16 4LZ

FIXED ASSETS

Tangible assets

4

2,591,494

2,578,386

Investments

5

8,053,068

9,170,144

Investment property

6

1,440,168

2,240,168

12,084,730

13,988,698

CURRENT ASSETS

Stocks

103,375

76,000

Debtors

7

101,130

160,943

Cash at bank

232,813

170,786

437,318

407,729

CREDITORS

Amounts falling due within one year

8

926,901

1,482,339

NET CURRENT LIABILITIES

(489,583

)

(1,074,610

)

TOTAL ASSETS LESS CURRENT LIABILITIES

11,595,147

12,914,088

CREDITORS

Amounts falling due after more than one year

9

(347,204

)

(408,682

)

PROVISIONS FOR LIABILITIES

(36,210

)

(225,013

)

NET ASSETS

11,211,733

12,280,393

CAPITAL AND RESERVES

Called up share capital

11

101

101

Investment revaluation reserve

7,851,161

8,850,394

Retained earnings

3,360,471

3,429,898

SHAREHOLDERS' FUNDS

11,211,733

12,280,393

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 May 2026 and were signed on its behalf by:

D R Allison - Director

M R Allison - Director

K I Allison-Dean - Director

1.	STATUTORY INFORMATION

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

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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about KMA Properties Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover represents net invoiced sales of caravans and income from holiday lets, excluding value added tax. Turnover is recognised at the exchanges of goods for the caravan sales and at the point of the stay for the holiday let income and shown in the income statement.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost, excluding land element

Long leasehold

-

over the lease term

Plant and machinery

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the statement of income and retained earnings.

Stocks

Stocks are valued at the lower of cost, market and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Rents receivable

Land rent is recorded on a net rent receivable basis.

Fixed asset investments

Fixed asset investments representing investment in subsidiary, is valued on a net assets basis.

Other fixed asset investments are updated to reflect the commodity price at the balance sheet date, which the directors consider to be fair value.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

2,676,751

88,679

2,765,430

Additions

70,021

-

70,021

At 31 December 2025

2,746,772

88,679

2,835,451

DEPRECIATION

At 1 January 2025

138,457

48,587

187,044

Charge for year

46,890

10,023

56,913

At 31 December 2025

185,347

58,610

243,957

NET BOOK VALUE

At 31 December 2025

2,561,425

30,069

2,591,494

At 31 December 2024

2,538,294

40,092

2,578,386

Included in cost of land and buildings is freehold land of £ 700,000 (2024 - £ 700,000 ) which is not depreciated.

5.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST OR VALUATION

At 1 January 2025

9,075,982

94,162

9,170,144

Revaluations

(1,168,205

)

51,129

(1,117,076

)

At 31 December 2025

7,907,777

145,291

8,053,068

NET BOOK VALUE

At 31 December 2025

7,907,777

145,291

8,053,068

At 31 December 2024

9,075,982

94,162

9,170,144

Cost or valuation at 31 December 2025 is represented by:

Shares in

group

Other

undertakings

investments

Totals

£

£

£

Valuation in 2016

1,268,093

-

1,268,093

Valuation in 2017

193,001

-

193,001

Valuation in 2018

337,998

-

337,998

Valuation in 2019

659,190

-

659,190

Valuation in 2020

522,084

-

522,084

Valuation in 2021

68,150

-

68,150

Valuation in 2022

2,065,912

-

2,065,912

Valuation in 2023

3,460,664

-

3,460,664

Valuation in 2024

269,740

5,562

275,302

Valuation in 2025

(1,168,205

)

51,129

(1,117,076

)

Cost

231,150

88,600

319,750

7,907,777

145,291

8,053,068

If fixed asset investments had not been revalued they would have been included at the following historical cost:

31.12.25

31.12.24

£

£

Cost

319,750

319,750

Fixed asset investments were valued on a fair value basis on 31 December 2025 by the directors .

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

2,240,168

Disposals

(800,000

)

At 31 December 2025

1,440,168

NET BOOK VALUE

At 31 December 2025

1,440,168

At 31 December 2024

2,240,168

Fair value at 31 December 2025 is represented by:

£

Valuation in 2017

24,812

Valuation in 2018

20,000

Valuation in 2021

347,924

Valuation in 2023

6,000

Valuation in 2024

(252,200

)

Cost

1,293,632

1,440,168

If investment properties had not been revalued they would have been included at the following historical cost:

31.12.25

31.12.24

£

£

Cost

1,293,632

1,338,632

Investment properties were valued on a fair value basis on 31 December 2025 by the directors .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

85,449

145,401

Other debtors

15,681

15,542

101,130

160,943

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

58,735

61,971

Trade creditors

148,260

344,898

Amounts owed to group undertakings

390,842

889,842

Taxation and social security

286,657

60,183

Other creditors

42,407

125,445

926,901

1,482,339

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

347,204

408,682

Amounts falling due in more than five years:

Repayable by instalments

Bank loans over 5 years

129,929

197,295

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Bank loans

405,939

470,653

The bank loan is secured debenture over the assets by way of a formal charge over certain properties within the company.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

50

Ordinary A

£1

50

50

50

Ordinary B

£1

50

50

1

Ordinary C

£1

1

1

101

101