K & G Properties (Wirral) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10571710 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

K & G PROPERTIES (WIRRAL) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr G S Mcgreal

Mrs K A Mcgreal

REGISTERED OFFICE:

Enterprise House

The Courtyard

Old Court House Road

Bromborough

Wirral

CH62 4UE

REGISTERED NUMBER:

10571710 (England and Wales)

ACCOUNTANTS:

LBW Chartered Accountants

Enterprise House

The Courtyard

Old Courthouse Road

Bromborough

Merseyside

CH62 4UE

FIXED ASSETS

Tangible assets

4

1

107

Investment property

5

193,000

182,000

193,001

182,107

CURRENT ASSETS

Cash at bank

60,155

58,804

CREDITORS

Amounts falling due within one year

6

100,051

104,456

NET CURRENT LIABILITIES

(39,896

)

(45,652

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

153,105

136,455

CREDITORS

Amounts falling due after more than one
year

7

(15,433

)

(14,575

)

PROVISIONS FOR LIABILITIES

(28,317

)

(31,067

)

NET ASSETS

109,355

90,813

CAPITAL AND RESERVES

Called up share capital

8

100

Revaluation reserve

9

106,952

93,202

Retained earnings

9

2,303

(2,489

)

SHAREHOLDERS' FUNDS

109,355

90,813

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 30 October 2026 and were signed on its behalf by:

Mr G S Mcgreal - Director

Mrs K A Mcgreal - Director

1.	STATUTORY INFORMATION

K & G Properties (Wirral) 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.

Tangible fixed assets

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

Computer equipment

-

33% on cost

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.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2025

and 31 January 2026

319

DEPRECIATION

At 1 February 2025

212

Charge for year

106

At 31 January 2026

318

NET BOOK VALUE

At 31 January 2026

1

At 31 January 2025

107

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

182,000

Revaluations

11,000

At 31 January 2026

193,000

NET BOOK VALUE

At 31 January 2026

193,000

At 31 January 2025

182,000

Fair value at 31 January 2026 is represented by:

£

Valuation in 2025

124,269

Valuation in 2026

11,000

Cost

57,731

193,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

Bank loans and overdrafts

5,291

10,932

Taxation and social security

540

-

Other creditors

94,220

93,524

100,051

104,456

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

Bank loans

15,433

14,575

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

100

Ordinary

£1

100

9.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

At 1 February 2025

(2,489

)

93,202

90,713

Profit for the year

4,792

Property revaluation

-

11,000

Deferred taxation

-

2,750

At 31 January 2026

2,303

106,952

109,255

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other creditors is an amount of £94,220 (2025 - £93,524) jointly owed to the directors in relation to the directors loan account.

11.	ULTIMATE CONTROLLING PARTY

In the opinion of the directors, there is no ultimate controlling party.