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REGISTERED NUMBER: 12825024 (England and Wales)















TEKK HOLDING LIMITED

Unaudited Financial Statements

for the period

19 August 2020 to 31 August 2021






TEKK HOLDING LIMITED (REGISTERED NUMBER: 12825024)

Contents of the Financial Statements
for the period 19 August 2020 to 31 August 2021










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TEKK HOLDING LIMITED

Company Information
for the period 19 August 2020 to 31 August 2021







Director: R N Akhtar





Registered office: 7 Winstanley Way
Basildon
Essex
SS14 3BP





Registered number: 12825024 (England and Wales)





Accountants: Haines Watts (City) LLP
Chartered Accountants
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

TEKK HOLDING LIMITED (REGISTERED NUMBER: 12825024)

Balance Sheet
31 August 2021

Notes £ £
Fixed assets
Tangible assets 4 21,914
Investment property 5 328,954
350,868

Current assets
Cash at bank 2,951

Creditors
Amounts falling due within one year 6 161,017
Net current liabilities (158,066 )
Total assets less current liabilities 192,802

Creditors
Amounts falling due after more than one
year

7

204,523
Net liabilities (11,721 )

Capital and reserves
Called up share capital 9 1
Retained earnings 10 (11,722 )
Shareholders' funds (11,721 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2021 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.

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 19 August 2022 and were signed by:





R N Akhtar - Director


TEKK HOLDING LIMITED (REGISTERED NUMBER: 12825024)

Notes to the Financial Statements
for the period 19 August 2020 to 31 August 2021


1. Statutory information

Tekk Holding 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.

Going Concern
The financial statements have been prepared on a going concern basis. The Director has reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

Turnover
Turnover comprises revenue recognised by the company in respect of rents receivable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% 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.

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors, creditors, loans from the bank and other third parties, loans to related parties, and investment in ordinary shares.

Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

3. Employees and directors

The average number of employees during the period was NIL.

4. Tangible fixed assets
Improvements
to property
£
Cost
Additions 24,349
At 31 August 2021 24,349
Depreciation
Charge for period 2,435
At 31 August 2021 2,435
Net book value
At 31 August 2021 21,914

TEKK HOLDING LIMITED (REGISTERED NUMBER: 12825024)

Notes to the Financial Statements - continued
for the period 19 August 2020 to 31 August 2021


5. Investment property
Total
£
Fair value
Additions 328,954
At 31 August 2021 328,954
Net book value
At 31 August 2021 328,954

6. Creditors: amounts falling due within one year
£
Other creditors 161,017

7. Creditors: amounts falling due after more than one year
£
Bank loans 204,523

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 204,523

8. Secured debts

The following secured debts are included within creditors:

£
Bank loans 204,523

Shawbrook Bank holds a fixed charge over the freehold property, held within investment property.

9. Called up share capital


Allotted, issued and fully paid:
Number: Class: Nominal
value: £
1 Ordinary £1 1

1 Ordinary share of £1 was allotted and fully paid for cash at par during the period.

10. Reserves
Retained
earnings
£

Deficit for the period (11,722 )
At 31 August 2021 (11,722 )

11. Related party disclosures

Included within other creditors at the yearend, is a balance of £158,618 owed to a connected company.