KP Developments (Worcester) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11132992 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

KP Developments (Worcester) Limited

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

K G Perks

REGISTERED OFFICE:

12 - 13 The Oaks

Redditch

B98 7ST

REGISTERED NUMBER:

11132992 (England and Wales)

ACCOUNTANTS:

Davies Archytas Accountants Ltd

12-13 The Oaks

Clews Road

Redditch

Worcestershire

B98 7ST

FIXED ASSETS

Tangible assets

4

49,162

65,455

Investments

5

29,142

-

78,304

65,455

CURRENT ASSETS

Stocks

12,145

11,250

Debtors

26,366

78,421

Cash at bank

32,780

37,265

71,291

126,936

CREDITORS

Amounts falling due within one year

19,618

18,041

NET CURRENT ASSETS

51,673

108,895

TOTAL ASSETS LESS CURRENT
LIABILITIES

129,977

174,350

CREDITORS

Amounts falling due after more than one
year

(41,636

)

(53,293

)

PROVISIONS FOR LIABILITIES

(6,523

)

(9,439

)

NET ASSETS

81,818

111,618

CAPITAL AND RESERVES

Called up share capital

8

1

Retained earnings

81,817

111,617

SHAREHOLDERS' FUNDS

81,818

111,618

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 director acknowledges his 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 January 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 May 2026 and were signed by:

K G Perks - Director

1.	STATUTORY INFORMATION

KP Developments (Worcester) 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 1 (2025 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2025

100,768

Additions

3,916

At 31 January 2026

104,684

DEPRECIATION

At 1 February 2025

35,313

Charge for year

20,209

At 31 January 2026

55,522

NET BOOK VALUE

At 31 January 2026

49,162

At 31 January 2025

65,455

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

Additions

29,142

At 31 January 2026

29,142

NET BOOK VALUE

At 31 January 2026

29,142

6.

LOANS

An analysis of the maturity of loans is given below:

31.1.26

31.1.25

£

Amounts falling due within one year or on demand:

Bank loans

5,176

Amounts falling due between one and two years:

Bank loans - 1-2 years

5,176

Amounts falling due between two and five years:

Bank loans - 2-5 years

8,968

13,802

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.26

31.1.25

£

Hire purchase contracts

34,315

41,138

Hire purchase liabilities are secured upon the asset to which they relate.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

1

Ordinary

£1

1

9.	RELATED PARTY DISCLOSURES

The director, K G Perks is also a director and shareholder of Varsity Building Products Limited. At the balance sheet date a balance amounting to £1,873 (2025: £0) was due from the company to Varsity Building Products Limited.

10.	ULTIMATE CONTROLLING PARTY

During the financial year the controlling party was the director by virtue of his 100% holding of the issued share capital.