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REGISTERED NUMBER: 14893784 (England and Wales)










Unaudited Financial Statements

for the Period 25 May 2023 to 31 May 2024

for

BHK ASSETS HOLDINGS LTD

BHK ASSETS HOLDINGS LTD (REGISTERED NUMBER: 14893784)






Contents of the Financial Statements
FOR THE PERIOD 25 MAY 2023 TO 31 MAY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


BHK ASSETS HOLDINGS LTD

Company Information
FOR THE PERIOD 25 MAY 2023 TO 31 MAY 2024







DIRECTORS: Mr B Kouyoumdjian
Mr H Kouyoumdjian





REGISTERED OFFICE: 36 Princes Avenue
Muswell Hill
London
N10 3LR





REGISTERED NUMBER: 14893784 (England and Wales)





ACCOUNTANTS: AGK Partners
Chartered Accountants
1 Kings Avenue
London
N21 3NA

BHK ASSETS HOLDINGS LTD (REGISTERED NUMBER: 14893784)

Statement of Financial Position
31 MAY 2024

Notes £    £   
FIXED ASSETS
Investments 4 3,827,174

CURRENT ASSETS
Debtors 5 320
Cash in hand 100
420
CREDITORS
Amounts falling due within one year 6 900
NET CURRENT LIABILITIES (480 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,826,694

CAPITAL AND RESERVES
Called up share capital 200
Merger reserve 3,827,074
Retained earnings (580 )
3,826,694

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2024 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.

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 and authorised for issue on 25 February 2025 and were signed on its behalf by:





Mr H Kouyoumdjian - Director


BHK ASSETS HOLDINGS LTD (REGISTERED NUMBER: 14893784)

Notes to the Financial Statements
FOR THE PERIOD 25 MAY 2023 TO 31 MAY 2024

1. STATUTORY INFORMATION

BHK Assets Holdings Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.

There are no significant judgements or estimates involved in the preparation of the financial statements.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.

Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.

Taxation
Taxation for the period 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

Inventory
Inventories are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of inventory sold is recognised as an expense in the period in which the related revenue is recognised.

BHK ASSETS HOLDINGS LTD (REGISTERED NUMBER: 14893784)

Notes to the Financial Statements - continued
FOR THE PERIOD 25 MAY 2023 TO 31 MAY 2024

2. ACCOUNTING POLICIES - continued

Revenue
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and costs incurred or to be incurred in respect of the transaction can be measured reliably.

Investment in subsidiary
Investment in subsidiary are initially measured at cost and are subsequently measured at their fair value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 3,827,174
At 31 May 2024 3,827,174
NET BOOK VALUE
At 31 May 2024 3,827,174

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by group undertakings 320

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 900

7. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.