KPL 22 DK Street Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07548759 (England and Wales)

ABRIDGED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2019

FOR

KPL 22 DK STREET LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M J Harfield

Ms C A Kartal

REGISTERED OFFICE:

Unit 62

Enfield Industrial Estate

Redditch

Worcestershire

B97 6DE

REGISTERED NUMBER:

07548759 (England and Wales)

ACCOUNTANTS:

Burman & Co

Brunswick House

Birmingham Road

Redditch

Worcestershire

B97 6DY

FIXED ASSETS

Investment property

3

450,000

450,000

CURRENT ASSETS

Debtors

3,729

15,682

Cash at bank and in hand

24,767

10,159

28,496

25,841

CREDITORS

Amounts falling due within one year

18,553

16,521

NET CURRENT ASSETS

9,943

9,320

TOTAL ASSETS LESS CURRENT LIABILITIES

459,943

459,320

CAPITAL AND RESERVES

Called up share capital

200

200

Share premium

449,900

449,900

Revaluation reserve

4

9,000

9,000

Retained earnings

843

220

SHAREHOLDERS' FUNDS

459,943

459,320

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2019 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 Board of Directors on 18 November 2019 and were signed on its behalf by:

M J Harfield - Director

1.	STATUTORY INFORMATION

KPL 22 DK Street 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.

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 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 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.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2018

and 31 March 2019

450,000

NET BOOK VALUE

At 31 March 2019

450,000

At 31 March 2018

450,000

The freehold property has not been restated at fair value, under the requirements of FRS 102, as it is

considered that the fair value cannot be measured reliably without undue cost and effort which would

outweigh the benefit to the users of these accounts.

4.

RESERVES

Revaluation

reserve

£

At 1 April 2018

and 31 March 2019

9,000

5.	ULTIMATE CONTROLLING PARTY