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Company Registration No. 13113542 (England and Wales)
EYK Properties Ltd Unaudited accounts for the year ended 31 January 2023
EYK Properties Ltd Unaudited accounts Contents
Page
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EYK Properties Ltd Company Information for the year ended 31 January 2023
Director
Zhuang Kang
Company Number
13113542 (England and Wales)
Registered Office
16 Patricia Drive Hornchurch Essex RM11 3RU England
Accountants
Anthony Daniel Associates 10 Julian Place London E14 3AT
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EYK Properties Ltd Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Called up share capital not paid
1 
1 
Fixed assets
Tangible assets
377,907 
377,907 
Current assets
Debtors
103 
75 
Cash at bank and in hand
4,033 
2,885 
4,136 
2,960 
Creditors: amounts falling due within one year
(110,963)
(113,244)
Net current liabilities
(106,827)
(110,284)
Total assets less current liabilities
271,081 
267,624 
Creditors: amounts falling due after more than one year
(268,966)
(268,966)
Net assets/(liabilities)
2,115 
(1,342)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
2,114 
(1,343)
Shareholders' funds
2,115 
(1,342)
For the year ending 31 January 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 October 2023 and were signed on its behalf by
Zhuang Kang Director Company Registration No. 13113542
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EYK Properties Ltd Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
EYK Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 13113542. The registered office is 16 Patricia Drive, Hornchurch, Essex, RM11 3RU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover from the rental income received from tenants.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Freehold
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Going concern
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
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EYK Properties Ltd Notes to the Accounts for the year ended 31 January 2023
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 February 2022
377,907 
At 31 January 2023
377,907 
Depreciation
At 31 January 2023
- 
Net book value
At 31 January 2023
377,907 
At 31 January 2022
377,907 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
103 
75 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
4,150 
- 
Taxes and social security
512 
- 
Other creditors
6,374 
3,374 
Loans from directors
99,314 
108,509 
Accruals
613 
1,361 
110,963 
113,244 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
268,966 
268,966 
The company has total secured liability to the value of £268,966 (2022: £268,966) which comprise of loan. This loan is secured by way of a first legal mortgage over the land and building at 4 The Rookery, Grays, Essex RM20 3HB.
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Controlling party
The ultimate controlling party is Mr. Zhuang Kang, who is the director and holds one hundred percent of the company shares.
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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