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REGISTERED NUMBER: 10617857 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

HKT PROPERTY ENTERPRISES LIMITED

HKT PROPERTY ENTERPRISES LIMITED (REGISTERED NUMBER: 10617857)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HKT PROPERTY ENTERPRISES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTOR: Prof H K Thampy





REGISTERED OFFICE: Rex Buildings
Alderley Road
Wilmslow
Cheshire
SK9 1HY





REGISTERED NUMBER: 10617857 (England and Wales)





ACCOUNTANTS: Sandison Easson & Co
Rex Buildings
Alderley Road
Wilmslow
Cheshire
SK9 1HY

HKT PROPERTY ENTERPRISES LIMITED (REGISTERED NUMBER: 10617857)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 300,000 189,329

CURRENT ASSETS
Cash at bank 6,008 4,702

CREDITORS
Amounts falling due within one year 5 127,753 128,333
NET CURRENT LIABILITIES (121,745 ) (123,631 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

178,255

65,698

CREDITORS
Amounts falling due after more than
one year

6

(50,163

)

(53,705

)

PROVISIONS FOR LIABILITIES 7 (27,668 ) -
NET ASSETS 100,424 11,993

HKT PROPERTY ENTERPRISES LIMITED (REGISTERED NUMBER: 10617857)

BALANCE SHEET - continued
30 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 100,324 11,893
SHAREHOLDERS' FUNDS 100,424 11,993

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 July 2025 and were signed by:





Prof H K Thampy - Director


HKT PROPERTY ENTERPRISES LIMITED (REGISTERED NUMBER: 10617857)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

HKT Property Enterprises 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 as modified by the revaluation of certain assets.

RELATED PARTY EXEMPTION
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.

TURNOVER
The turnover shown in the profit and loss account represents amount earned during the year and is recognised when the company obtains the right to consideration.

TANGIBLE FIXED ASSETS
All fixed assets are initially recorded at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

HKT PROPERTY ENTERPRISES LIMITED (REGISTERED NUMBER: 10617857)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST OR VALUATION
At 1 December 2023 189,329
Revaluations 110,671
At 30 November 2024 300,000
NET BOOK VALUE
At 30 November 2024 300,000
At 30 November 2023 189,329

Cost or valuation at 30 November 2024 is represented by:

Freehold
property
£   
Valuation in 2025 110,671
Cost 189,329
300,000

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 189,329 -
Aggregate depreciation (110,671 ) -

Value of land in freehold land and buildings 300,000 -

Freehold land and buildings were valued on an open market basis on 17 March 2025 by Zoopla .

HKT PROPERTY ENTERPRISES LIMITED (REGISTERED NUMBER: 10617857)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,534 3,404
Amounts owed to group undertakings 121,080 123,080
Tax 1,809 319
Directors' current accounts 468 728
Accrued expenses 862 802
127,753 128,333

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loan (more than 1 year) 50,163 53,705

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 27,668 -

Deferred
tax
£   
Provided during year 27,668
Balance at 30 November 2024 27,668