1 April 2025 v2026.39.1 micro_entity_frs_105_v1_1_3 filingSoftwarefalsetruetruetruefalseNo description of principal activity00truexbrli:purexbrli:sharesiso4217:GBP156061302025-04-012026-03-31156061302026-03-31156061302025-03-3115606130core:WithinOneYear2026-03-3115606130core:WithinOneYear2025-03-3115606130core:AfterOneYear2026-03-3115606130core:AfterOneYear2025-03-3115606130bus:RegisteredOffice2025-04-012026-03-3115606130bus:Director12025-04-012026-03-311560613012025-04-012026-03-31156061302024-03-302025-03-3115606130countries:EnglandWales2025-04-012026-03-3115606130bus:AuditExempt-NoAccountantsReport2025-04-012026-03-3115606130bus:PrivateLimitedCompanyLtd2025-04-012026-03-3115606130bus:Micro-entities2025-04-012026-03-3115606130bus:FullAccounts2025-04-012026-03-31
Company registration number:
15606130
KGF Properties Limited
Unaudited Filleted Financial Statements for the year ended
31 March 2026
KGF Properties Limited
Statement of Financial Position
31 March 2026
20262025
££
Fixed assets
284,589
 
284,589
 
   
Current assets
93,298
 
3,720
 
Prepayments and accrued income
115,859
 
60,133
 
Creditors: amounts falling due within one year
(386,328
 )
(195,290
 )
Net current liabilities
(177,171
 )
(131,437
 )
Total assets less current liabilities
107,418
 
153,152
 
Creditors: amounts falling due after more than one year
(182,038
 )
(182,055
 )
Accruals and deferred income
(720
 )
(1,428
 )
Net liabilities
(75,340
 )
(30,331
 )
   
Capital and reserves
(75,340
 )
(30,331
 )

Notes to the Financial Statements

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Thandi Nicholls Ltd, Creative Industries Centre
,
Glaisher Drive
,
Wolverhampton
,
West Midlands
,
WV10 9TG
, United Kingdom.
These financial statements are presented in GBP, which is the Company’s functional currency. All amounts have been rounded to the nearest pound, unless otherwise indicated.
The principal activity of the company in the year under review was buying and letting out of owned real estate.

2 Average number of employees

The average number of persons employed by the company during the year was nil (2025: nil).

3 Directors' advances, credit and guarantees

The company owed £92,220 (2025 - £100,027) to its director as at 31st March 2026.

4 Guarantees and other financial commitments

The company owes £293,815 (£182,055 - 2025) to KGF McCarthy Construction Limited, a company registered in Ireland, who is also a shareholder of the company as at accounting year end date.
For the year ending
31 March 2026
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge 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 in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
15 October 2026
, and are signed on behalf of the board by:
G Mccarthy
Director
Company registration number:
15606130