| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 NOVEMBER 2024 |
| FOR |
| HKT PROPERTY ENTERPRISES LIMITED |
| REGISTERED NUMBER: |
| 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: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 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 |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
6 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | 7 | ( |
) |
| NET ASSETS |
| HKT PROPERTY ENTERPRISES LIMITED (REGISTERED NUMBER: 10617857) |
| BALANCE SHEET - continued |
| 30 NOVEMBER 2024 |
| 2024 | 2023 |
| Notes | £ | £ | £ | £ |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| 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 |
| 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 |
| 2. | ACCOUNTING POLICIES |
| BASIS OF PREPARING THE FINANCIAL STATEMENTS |
| 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 |
| 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 |
| Revaluations |
| At 30 November 2024 |
| NET BOOK VALUE |
| At 30 November 2024 |
| At 30 November 2023 |
| 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 |
| Amounts owed to group undertakings |
| Tax |
| Directors' current accounts | 468 | 728 |
| Accrued expenses |
| 6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Bank loan (more than 1 year) |
| 7. | PROVISIONS FOR LIABILITIES |
| 2024 | 2023 |
| £ | £ |
| Deferred tax | 27,668 | - |
| Deferred |
| tax |
| £ |
| Provided during year |
| Balance at 30 November 2024 |