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Registered number: 09510262
OPK Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09510262
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,514 2,900
Investment Properties 5 2,486,653 1,688,000
Investments 6 - 309,199
2,488,167 2,000,099
CURRENT ASSETS
Debtors 7 66,924 24,790
Cash at bank and in hand 532,649 576,523
599,573 601,313
Creditors: Amounts Falling Due Within One Year 8 (218,789 ) (107,752 )
NET CURRENT ASSETS (LIABILITIES) 380,784 493,561
TOTAL ASSETS LESS CURRENT LIABILITIES 2,868,951 2,493,660
PROVISIONS FOR LIABILITIES
Deferred Taxation (31,443 ) (31,789 )
NET ASSETS 2,837,508 2,461,871
CAPITAL AND RESERVES
Called up share capital 9 2,000 2,000
Profit and Loss Account 2,835,508 2,459,871
SHAREHOLDERS' FUNDS 2,837,508 2,461,871
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For the year ending 31 March 2025 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
S A Bird
Director
2 June 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
OPK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09510262 . The registered office is Avaland House, 110 London Road, Hemel Hempstead, Hertfordshire, HP3 9SD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% on cost
Computer Equipment 25% on cost
2.4. Investment Properties
Investment property is included at fair value. Gains are recognised in the profit and loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost or Valuation
As at 1 April 2024 4,262 3,213 7,475
Additions - 498 498
As at 31 March 2025 4,262 3,711 7,973
Depreciation
As at 1 April 2024 2,252 2,323 4,575
Provided during the period 1,019 865 1,884
As at 31 March 2025 3,271 3,188 6,459
Net Book Value
As at 31 March 2025 991 523 1,514
As at 1 April 2024 2,010 890 2,900
5. Investment Property
2025
£
Fair Value
As at 1 April 2024 1,688,000
Additions 798,653
As at 31 March 2025 2,486,653
The company owns four investment properties, purchased between September 2016 and July 2024.
In May 2022, an indication of market values was obtained from Savills plc and the directors are of the opinion that these valuations remain representative of the fair value of the company's investment properties at 31 March 2025. 
6. Investments
Listed
£
Cost
As at 1 April 2024 309,199
Disposals (313,173 )
Revaluations 3,974
As at 31 March 2025 -
...CONTINUED
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Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 309,199
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 23,836 5,925
Prepayments and accrued income 34,189 8,493
Other debtors 8,874 10,347
Other taxes and social security 25 25
66,924 24,790
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 149,124 66,074
VAT 15,405 14,900
Deferred income 20,790 3,672
Accrued expenses 9,177 5,292
Directors' loan accounts 24,293 17,814
218,789 107,752
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2,000 2,000
Page 5
Page 6
10. Reserves
31 March 2025
At 1 April 2024
2,459,871
Profit for the year 
443,524
Dividends 
(74,000)
image
At 31 March 2025
2,829,395
Included within reserves, are non-distributable reserves of £117,682 (FY2024: £117,682). 
These non-distributable reserves represent the unrealised gains on revalued investment properties. These reserves cannot be distributed to shareholders until these investment properties are sold and the gains realised.
11. Controlling Party
The company is controlled by the directors, who together own all the issued share capital. 
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