KBE Developments Ltd 31/07/2026 iXBRL

Company registration number: NI663214

KBE Developments Ltd

Unaudited filleted abridged financial statements

31 July 2026

KBE Developments Ltd

Contents

Directors and other information

Accountants report

Abridged statement of financial position

Statement of changes in equity

Notes to the financial statements

KBE Developments Ltd

Directors and other information


	Director	Mrs Angela Brannigan


	Company number	NI663214


	Registered office	38 Moneyscalp Road
		Kilcoo
		Newry
		BT34 5JZ


	Business address	38 Moneyscalp Road
		Kilcoo
		Newry
		BT34 5JZ


	Accountants	HLB McGuire and Farry
		Emerson House
		Carryduff
		Belfast
		BT8 8DN




	Bankers	Ulster Bank Ltd
		11-16 Donegall Square East
		Belfast
		BT1 5UB


	Solicitors	Dominic McInerney Solicitors
		123a Main Street
		Newcastle
		BT33 0AE

KBE Developments Ltd

Report to the director on the preparation of the

unaudited statutory financial statements of KBE Developments Ltd

Year ended 31 July 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of KBE Developments Ltd for the year ended 31 July 2026 which comprise the abridged statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.

This report is made solely to the director of KBE Developments Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of KBE Developments Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than KBE Developments Ltd and its director as a body for our work or for this report.

It is your duty to ensure that KBE Developments Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of KBE Developments Ltd. You consider that KBE Developments Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of KBE Developments Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

HLB McGuire and Farry

Chartered Certified Accountants

Emerson House

Carryduff

Belfast

BT8 8DN

KBE Developments Ltd

Abridged statement of financial position

31 July 2026

		2026		2025
	Note	£	£	£	£

Creditors: amounts falling due
within one year		( 25,961)		( 25,359)
		_______		_______
Net current liabilities			( 25,961)		( 25,359)
			_______		_______
Total assets less current liabilities			( 25,961)		( 25,359)

			_______		_______
Net liabilities			( 25,961)		( 25,359)
			_______		_______

Capital and reserves
Called up share capital			1		1
Profit and loss account			( 25,962)		( 25,360)
			_______		_______
Shareholder deficit			( 25,961)		( 25,359)
			_______		_______

For the year ending 31 July 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.

All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the current year ending 31 July 2026 in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements were approved by the board of directors and authorised for issue on 05 October 2026 , and are signed on behalf of the board by:

Mrs Angela Brannigan

Director

Company registration number: NI663214

KBE Developments Ltd

Statement of changes in equity

Year ended 31 July 2026

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 August 2024	1	( 24,641)	( 24,640)

Loss for the year		( 719)	( 719)
	_______	_______	_______
Total comprehensive income for the year	-	( 719)	( 719)

	_______	_______	_______
At 31 July 2025 and 1 August 2025	1	( 25,360)	( 25,359)

Loss for the year		( 602)	( 602)
	_______	_______	_______
Total comprehensive income for the year	-	( 602)	( 602)

	_______	_______	_______
At 31 July 2026	1	( 25,962)	( 25,961)
	_______	_______	_______

KBE Developments Ltd

Notes to the financial statements

Year ended 31 July 2026

1. General information

The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is 38 Moneyscalp Road, Kilcoo, Newry, BT34 5JZ.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2025: 1 ).

5. Directors advances, credits and guarantees

	Balance brought forward and o/standing	Balance brought forward and o/standing
	2026	2025
	£	£
Mrs Angela Brannigan	23	23
	_______	_______