Company registration number: 16079175
Annual report and unaudited financial statements
for the year ended 31 August 2026
for
Kings Property Enterprise Ltd
Pages for filing with the Registrar
Company registration number: 16079175
Kings Property Enterprise Ltd
Balance sheet
as at 31 August 2026
31 Aug 26 31 Aug 25
Note £ £ £ £
Fixed assets
Investment property 4 150,000 -
150,000 -
Current assets
Debtors 2,342 -
Cash at bank and in hand 878 2
3,220 2
Creditors: amounts falling due within one year
(151,688) -
Net current (liabilities)/assets (148,468) 2
Total assets less current liabilities 1,532 2
NET ASSETS 1,532 2
Capital and reserves
Called up share capital 2 2
Revaluation reserve 17,798 -
Profit and loss account (16,268) -
TOTAL EQUITY 1,532 2
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 August 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: 16079175
Kings Property Enterprise Ltd
Balance sheet - continued
as at 31 August 2026
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 16 September 2026 and signed on its behalf by:
Mr B King, Director
16 September 2026
2
Kings Property Enterprise Ltd
Notes to the financial statements
for the year ended 31 August 2026
1 Company information
Kings Property Enterprise Ltd is a private company registered in England and Wales. Its registered number is 16079175. The company is limited by shares. Its registered office is 3 Northfield, Yate, Bristol, Avon, BS37 4LP.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
3 Average number of employees
During the year the average number of employees was 2 (2025 - 2).
4 Investment property
£
Valuation
Additions 132,202
Revaluations 17,798
At 31 August 2026 150,000
5 Secured debts
3
Kings Property Enterprise Ltd
Notes to the financial statements - continued
for the year ended 31 August 2026
5 Secured debts - continued
The bridging loan of £73,875 is secured by a legal charge over the investment property.
6 Advances, credit and guarantees granted to directors
The following advances and credits to directors subsisted during the periods ended 31 August 2026 and 31 August 2025.
31 Aug 26 31 Aug 25
£ £
Mr S King
Amounts repaid (38,004) -
Balance outstanding at end of year (38,004) -
31 Aug 26 31 Aug 25
£ £
Mr B King
Amounts repaid (37,260) -
Balance outstanding at end of year (37,260) -
4