| REGISTERED NUMBER: |
| Tekk Holding Limited |
| Unaudited Financial Statements |
| for the Year Ended 31 August 2024 |
| REGISTERED NUMBER: |
| Tekk Holding Limited |
| Unaudited Financial Statements |
| for the Year Ended 31 August 2024 |
| Tekk Holding Limited (Registered number: 12825024) |
| Contents of the Financial Statements |
| for the year ended 31 August 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Tekk Holding Limited |
| Company Information |
| for the year ended 31 August 2024 |
| Director: |
| Registered office: |
| Registered number: |
| Accountants: |
| New Derwent House |
| 69-73 Theobalds Road |
| London |
| WC1X 8TA |
| Tekk Holding Limited (Registered number: 12825024) |
| Balance Sheet |
| 31 August 2024 |
| 2024 | 2023 |
| Notes | £ | £ | £ |
| Fixed assets |
| Tangible assets | 4 |
| Investment property | 5 |
| Current assets |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 6 |
| Net current liabilities | ( |
) | ( |
) |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year |
7 |
| Net liabilities | ( |
) | ( |
) |
| Capital and reserves |
| Called up share capital | 9 |
| Retained earnings | 10 | ( |
) | ( |
) |
| Shareholders' funds | ( |
) | ( |
) |
| 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 were approved by the director and authorised for issue on |
| Tekk Holding Limited (Registered number: 12825024) |
| Notes to the Financial Statements |
| for the year ended 31 August 2024 |
| 1. | Statutory information |
| Tekk Holding Limited is a |
| 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 |
| Improvements to property | - |
| 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 year was |
| 4. | Tangible fixed assets |
| Improvements |
| to property |
| £ |
| Cost |
| At 1 September 2023 |
| and 31 August 2024 |
| Depreciation |
| At 1 September 2023 |
| Charge for year |
| At 31 August 2024 |
| Net book value |
| At 31 August 2024 |
| At 31 August 2023 |
| Tekk Holding Limited (Registered number: 12825024) |
| Notes to the Financial Statements - continued |
| for the year ended 31 August 2024 |
| 5. | Investment property |
| Total |
| £ |
| Fair value |
| At 1 September 2023 |
| and 31 August 2024 |
| Net book value |
| At 31 August 2024 |
| At 31 August 2023 |
| 6. | Creditors: amounts falling due within one year |
| 2024 | 2023 |
| £ | £ |
| Other creditors |
| 7. | Creditors: amounts falling due after more than one year |
| 2024 | 2023 |
| £ | £ |
| Bank loans |
| 8. | Secured debts |
| The following secured debts are included within creditors: |
| 2024 | 2023 |
| £ | £ |
| Bank loans |
| 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 | 2024 | 2023 |
| value: | £ | £ |
| Ordinary | £1 | 1 | 1 |
| 10. | Reserves |
| Retained |
| earnings |
| £ |
| At 1 September 2023 | ( |
) |
| Deficit for the year | ( |
) |
| At 31 August 2024 | ( |
) |
| 11. | Related party disclosures |
| Included within other creditors at the year end, is a balance of £306,384 (2023:£311,119) owed to a connected company. |