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REGISTERED NUMBER: 12825024 (England and Wales)















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: R N Akhtar





Registered office: 69-73 New Derwent House
Theobalds Road
London
WC1X 8TA





Registered number: 12825024 (England and Wales)





Accountants: Cooper Parry Advisory Limited
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 14,609 17,044
Investment property 5 692,579 692,579
707,188 709,623

Current assets
Cash at bank 2,571 -

Creditors
Amounts falling due within one year 6 317,161 316,135
Net current liabilities (314,590 ) (316,135 )
Total assets less current liabilities 392,598 393,488

Creditors
Amounts falling due after more than one
year

7

431,660

431,734
Net liabilities (39,062 ) (38,246 )

Capital and reserves
Called up share capital 9 1 1
Retained earnings 10 (39,063 ) (38,247 )
Shareholders' funds (39,062 ) (38,246 )

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

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

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 June 2025 and were signed by:





R N Akhtar - Director


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 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 year was 1 (2023 - 1 ) .

4. Tangible fixed assets
Improvements
to property
£
Cost
At 1 September 2023
and 31 August 2024 24,349
Depreciation
At 1 September 2023 7,305
Charge for year 2,435
At 31 August 2024 9,740
Net book value
At 31 August 2024 14,609
At 31 August 2023 17,044

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 692,579
Net book value
At 31 August 2024 692,579
At 31 August 2023 692,579

6. Creditors: amounts falling due within one year
2024 2023
£ £
Other creditors 317,161 316,135

7. Creditors: amounts falling due after more than one year
2024 2023
£ £
Bank loans 431,660 431,734

8. Secured debts

The following secured debts are included within creditors:

2024 2023
£ £
Bank loans 431,660 431,734

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: £ £
1 Ordinary £1 1 1

10. Reserves
Retained
earnings
£

At 1 September 2023 (38,247 )
Deficit for the year (816 )
At 31 August 2024 (39,063 )

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.