Karl And Alicja Properties (KAP) Ltd

Karl And Alicja Properties (KAP) Ltd
Statement of Financial Position
As at 28 February 2026

	Notes	2026 £
Fixed assets
Tangible fixed assets	3	565,973
		565,973
Current assets
Cash at bank and in hand		2,950
Net current assets		2,950

Total assets less current liabilities		568,923
Creditors: amount falling due after more than one year	4	(549,750)
Provisions for liabilities	5	(5,121)
Net assets		14,052

Capital and reserves
Profit and loss account		14,052
Shareholders' funds		14,052

For the period ended 28 February 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 accounts for the period in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 31 October 2026 and were signed on its behalf by:

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Alicja Taylor
Director

Karl And Alicja Properties (KAP) Ltd
Notes to the Financial Statements
For the Period 03 February 2025 to 28 February 2026

General Information

Karl And Alicja Properties (KAP) Ltd is a private company, limited by shares, registered in England and Wales, registration number 16226285, registration address 18 High Street, Lydd, Kent, TN29 9AJ.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the period was 0.

Tangible fixed assets

Cost or valuation	Investment properties	Total
	£	£
At 03 February 2025	-	-
Additions	539,022	539,022
Disposals	-	-
Revaluations	26,951	26,951
At 28 February 2026	565,973	565,973
Depreciation
At 03 February 2025	-	-
Charge for period	-	-
On disposals	-	-
At 28 February 2026	-	-
Net book values
Closing balance as at 28 February 2026	565,973	565,973
Opening balance as at 03 February 2025	-	-

Creditors: amount falling due after more than one year

	2026 £
Bank Loans & Overdrafts (secured)	371,079
Other Creditors	(1)
Directors' Loan Accounts	178,672
	549,750

Provisions for liabilities

	2026 £
Deferred Tax	5,121
	5,121