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REGISTERED NUMBER: SC595610 (Scotland)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

JKK PROPERTIES LTD

JKK PROPERTIES LTD (REGISTERED NUMBER: SC595610)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JKK PROPERTIES LTD

COMPANY INFORMATION
for the Year Ended 30 April 2024







DIRECTOR: S Singh





REGISTERED OFFICE: 1 Macdowall Street
Suite 3.1
Paisley
PA3 2NB





REGISTERED NUMBER: SC595610 (Scotland)





ACCOUNTANTS: Kean Jarman & Company
Chartered Accountants
27 Ingram Street
Glasgow
G1 1HA

JKK PROPERTIES LTD (REGISTERED NUMBER: SC595610)

BALANCE SHEET
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,213,637 1,127,143

CURRENT ASSETS
Debtors 5 66,058 141,456
Cash at bank 3 2,873
66,061 144,329
CREDITORS
Amounts falling due within one year 6 98,868 107,008
NET CURRENT (LIABILITIES)/ASSETS (32,807 ) 37,321
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,180,830

1,164,464

CREDITORS
Amounts falling due after more than one
year

7

(700,671

)

(715,316

)

PROVISIONS FOR LIABILITIES (11,320 ) (536 )
NET ASSETS 468,839 448,612

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 468,837 448,610
468,839 448,612

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

JKK PROPERTIES LTD (REGISTERED NUMBER: SC595610)

BALANCE SHEET - continued
30 April 2024


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 3 March 2025 and were signed by:





S Singh - Director


JKK PROPERTIES LTD (REGISTERED NUMBER: SC595610)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

JKK Properties Ltd is a private company, limited by shares , registered in Scotland. 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Improvements to property - 10% on cost
Fixtures and fittings - 25% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to and
property property fittings Totals
£    £    £    £   
COST OR VALUATION
At 1 May 2023 1,125,000 - 7,912 1,132,912
Additions - 44,579 51,236 95,815
At 30 April 2024 1,125,000 44,579 59,148 1,228,727
DEPRECIATION
At 1 May 2023 - - 5,769 5,769
Charge for year - 1,221 8,100 9,321
At 30 April 2024 - 1,221 13,869 15,090
NET BOOK VALUE
At 30 April 2024 1,125,000 43,358 45,279 1,213,637
At 30 April 2023 1,125,000 - 2,143 1,127,143

Cost or valuation at 30 April 2024 is represented by:

Improvements Fixtures
Freehold to and
property property fittings Totals
£    £    £    £   
Valuation in 2021 125,000 - - 125,000
Cost 1,000,000 44,579 59,148 1,103,727
1,125,000 44,579 59,148 1,228,727

JKK PROPERTIES LTD (REGISTERED NUMBER: SC595610)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS - continued

If freehold property had not been revalued it would have been included at the following historical cost:

30.4.24 30.4.23
£    £   
Cost 1,000,000 1,000,000

Value of land in freehold land and buildings 1,000,000 1,000,000

Freehold property was valued on market value with lease basis on 15 June 2018 by DM Hall .

5. DEBTORS
30.4.24 30.4.23
£    £   
Amounts falling due within one year:
Trade debtors 3,316 852
Other debtors 2,772 81,804
6,088 82,656

Amounts falling due after more than one year:
Other debtors 59,970 58,800

Aggregate amounts 66,058 141,456

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 38,042 38,732
Trade creditors 5,690 1
Taxation and social security 36,554 45,554
Other creditors 18,582 22,721
98,868 107,008

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 444,071 481,316
Other creditors 256,600 234,000
700,671 715,316

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 313,778 340,762

JKK PROPERTIES LTD (REGISTERED NUMBER: SC595610)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Bank loans 482,113 520,048