REGISTERED NUMBER: 13214893 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Kingston Park Properties Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

P M Bond

Dr G M Arbuckle

REGISTERED OFFICE:

3-5 Grange Terrace

Stockton Road

Sunderland

Tyne And Wear

SR2 7DG

REGISTERED NUMBER:

13214893 (England and Wales)

ACCOUNTANTS:

TTR Barnes Limited

Chartered Accountants

3-5 Grange Terrace

Stockton Road

Sunderland

Tyne & Wear

SR2 7DG

FIXED ASSETS

Tangible assets

4

968

1,239

Investment property

5

648,000

510,520

648,968

511,759

CURRENT ASSETS

Debtors

6

3,817

3,129

Cash at bank

11,545

2,300

15,362

5,429

CREDITORS

Amounts falling due within one year

7

139,255

235,927

NET CURRENT LIABILITIES

(123,893

)

(230,498

)

TOTAL ASSETS LESS CURRENT LIABILITIES

525,075

281,261

CREDITORS

Amounts falling due after more than one year

8

(383,848

)

(240,053

)

PROVISIONS FOR LIABILITIES

(15,440

)

(235

)

NET ASSETS

125,787

40,973

CAPITAL AND RESERVES

Called up share capital

22

22

Non-distributable reserve

10

65,039

-

Retained earnings

10

60,726

40,951

SHAREHOLDERS' FUNDS

125,787

40,973

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 17 August 2026 and were signed on its behalf by:

P M Bond - Director

1.	STATUTORY INFORMATION

Kingston Park 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.

The financial statements have been prepared on the going concern basis, which assumes that the company will continue in operational existence for the foreseeable future, which the directors consider appropriate.

Tangible fixed assets

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

Fixtures and fittings

-

10% on reducing balance

Computer equipment

-

33% Straight line

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are recognised at transaction value and subsequently measured at their settlement value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Income and revenue recognition

Income represents gross rents received in the period.

Rents are recognised on a straight line basis over the term of the tenancy agreement.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

745

1,547

2,292

DEPRECIATION

At 1 April 2025

146

907

1,053

Charge for year

60

211

271

At 31 March 2026

206

1,118

1,324

NET BOOK VALUE

At 31 March 2026

539

429

968

At 31 March 2025

599

640

1,239

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

510,520

Additions

57,185

Revaluations

80,295

At 31 March 2026

648,000

NET BOOK VALUE

At 31 March 2026

648,000

At 31 March 2025

510,520

Fair value at 31 March 2026 is represented by:

£

Valuation in 2026

80,295

Cost

567,705

648,000

Investment property was valued on an open market basis on 31 March 2026 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Prepayments

3,817

3,129

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

5,804

5,404

Tax

4,660

3,065

Directors' current accounts

125,307

223,949

Accrued expenses

3,484

3,509

139,255

235,927

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 2-5 years

23,216

21,616

Bank loans more 5 yr by instal

20,632

28,437

Amounts owed to participating interests

340,000

190,000

383,848

240,053

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

20,632

28,437

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

49,652

55,457

The bank loan is secured over the property to which it relates.

10.	NON-DISTRIBUTABLE RESERVES

Retained

Non-distributable

earnings

reserve

Totals

£

£

£

At 1 April 2025

40,951

-

40,951

Profit for the year

19,775

19,775

Revaluation

-

65,039

65,039

At 31 March 2026

60,726

65,039

125,765