KEZMA PROPERTIES LIMITED

KEZMA PROPERTIES LIMITED

KEZMA PROPERTIES LIMITED - Company Information

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KEZMA PROPERTIES LIMITED

Company Registration Number:
13102202 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2021

Period of accounts

Start date: 29 December 2020

End date: 31 December 2021

KEZMA PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Notes

KEZMA PROPERTIES LIMITED

Balance sheet

As at 31 December 2021


Notes
2021


£
Fixed assets
Tangible assets: 3 8,274
Investments: 4 867,131
Total fixed assets: 875,405
Current assets
Debtors: 5 706
Cash at bank and in hand: 9,560
Total current assets: 10,266
Creditors: amounts falling due within one year: 6 (415,596)
Net current assets (liabilities): (405,330)
Total assets less current liabilities: 470,075
Creditors: amounts falling due after more than one year: 7 (484,043)
Total net assets (liabilities): (13,968)
Capital and reserves
Called up share capital: 100
Profit and loss account: (14,068)
Shareholders funds: (13,968)

The notes form part of these financial statements

KEZMA PROPERTIES LIMITED

Balance sheet statements

For the year ending 31 December 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 December 2022
and signed on behalf of the board by:

Name: Kwame Acquah
Status: Director

The notes form part of these financial statements

KEZMA PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Annual depreciation of furniture, fixtures and fittings is calculated at 20% of cost to write off the cost of the asset, less its residual value, over its estimated useful economic lifetime'. No depreciation is provided for investment properties

KEZMA PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

2. Employees

2021
Average number of employees during the period 0

KEZMA PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Tangible Assets

Total
Cost £
Additions 10,342
At 31 December 2021 10,342
Depreciation
Charge for year 2,068
At 31 December 2021 2,068
Net book value
At 31 December 2021 8,274

KEZMA PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Fixed investments

The Company holds investment properties at cost of £867131

KEZMA PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

5. Debtors

2021
£
Debtors due after more than one year: 706

KEZMA PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

6. Creditors: amounts falling due within one year note

Trade creditors £129468Other creditors £286128

KEZMA PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

7. Creditors: amounts falling due after more than one year note

Mortgage payable £484043