REGISTERED NUMBER: 12580568 (England and Wales)

Discovery Estates (Kent) Limited

Unaudited Financial Statements for the Year Ended 30 April 2026

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

P R Fowler

Mrs M L Fowler

REGISTERED OFFICE:

5 London Road

Rainham

Gillingham

Kent

ME8 7RG

REGISTERED NUMBER:

12580568 (England and Wales)

ACCOUNTANTS:

BK Plus Limited

Chartered Certified Accountants

5 London Road

Rainham

Gillingham

Kent

ME8 7RG

FIXED ASSETS

Tangible assets

4

254

199

Investment property

5

1,948,300

1,948,300

1,948,554

1,948,499

CURRENT ASSETS

Debtors

6

7,303

7,979

Cash at bank

31,397

9,075

38,700

17,054

CREDITORS

Amounts falling due within one year

7

1,361,184

1,373,284

NET CURRENT LIABILITIES

(1,322,484

)

(1,356,230

)

TOTAL ASSETS LESS CURRENT LIABILITIES

626,070

592,269

CREDITORS

Amounts falling due after more than one year

8

(265,895

)

(283,006

)

PROVISIONS FOR LIABILITIES

(16,024

)

(11,102

)

NET ASSETS

344,151

298,161

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

86,835

99,907

Retained earnings

257,216

198,154

SHAREHOLDERS' FUNDS

344,151

298,161

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2026 and were signed on its behalf by:

P R Fowler - Director

1.	STATUTORY INFORMATION

Discovery Estates (Kent) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Income recognition

Income represents the fair value of consideration received or receivable derived from the charge to rents

receivable during the year and is recognised when the company becomes entitled to it, usually on the

rendering of an invoice.

Tangible fixed assets

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

Plant and machinery etc

-

33% on reducing balance

Investment property

Investment property is included at fair value. Gains are recognised in the income statement and shown in a fair value reserve. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments

The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost, with changes recognised in the income statement.

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 statement of financial position date.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2025

1,487

Additions

125

At 30 April 2026

1,612

DEPRECIATION

At 1 May 2025

1,288

Charge for year

70

At 30 April 2026

1,358

NET BOOK VALUE

At 30 April 2026

254

At 30 April 2025

199

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2025

and 30 April 2026

1,948,300

NET BOOK VALUE

At 30 April 2026

1,948,300

At 30 April 2025

1,948,300

Investment properties were valued on market value basis on 30 April 2026 by the directors.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

7,303

7,979

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

16,132

24,487

Other creditors

1,345,052

1,348,797

1,361,184

1,373,284

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

265,895

283,006

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

265,895

283,006

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

265,895

283,006

The bank loans are secured by means of fixed charges on the relevant investment property.