REGISTERED NUMBER: 11769489 (England and Wales)

REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

TK PROPERTY GROUP LTD

Page

Company Information

1

Report of the Directors

2

Chartered Accountants' Report

3

Income Statement

4

Balance Sheet

5

Notes to the Financial Statements

6

DIRECTORS:

S Fearon

R Murphy

REGISTERED OFFICE:

White Tower

Media City

Salford

M50 2NT

REGISTERED NUMBER:

11769489 (England and Wales)

ACCOUNTANTS:

P B Syddall & Co

Chartered Accountants

Grafton House

81 Chorley Old Road

Bolton

Lancashire

BL1 3AJ

The directors present their report with the financial statements of the company for the year ended 31 January 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of a real estate agency.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 February 2024 to the date of this report.

S Fearon

R Murphy

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

S Fearon - Director

29 October 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of TK Property Group Ltd for the year ended 31 January 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of TK Property Group Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of TK Property Group Ltd and state those matters that we have agreed to state to the Board of Directors of TK Property Group Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than TK Property Group Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that TK Property Group Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of TK Property Group Ltd. You consider that TK Property Group Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of TK Property Group Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

P B Syddall & Co

Chartered Accountants

Grafton House

81 Chorley Old Road

Bolton

Lancashire

BL1 3AJ

29 October 2025

TURNOVER

1,730,458

1,076,306

Administrative expenses

1,277,252

621,147

OPERATING PROFIT

4

453,206

455,159

Interest receivable and similar income

1,583

653

454,789

455,812

Interest payable and similar expenses

1,218

715

PROFIT BEFORE TAXATION

453,571

455,097

Tax on profit

110,355

107,950

PROFIT FOR THE FINANCIAL YEAR

343,216

347,147

FIXED ASSETS

Tangible assets

5

25,257

13,108

CURRENT ASSETS

Debtors

6

115,393

144,431

Cash at bank and in hand

253,760

132,165

369,153

276,596

CREDITORS

Amounts falling due within one year

7

314,872

253,382

NET CURRENT ASSETS

54,281

23,214

TOTAL ASSETS LESS CURRENT LIABILITIES

79,538

36,322

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

79,438

36,222

SHAREHOLDERS' FUNDS

79,538

36,322

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 29 October 2025 and were signed on its behalf by:

S Fearon - Director

R Murphy - Director

1.	STATUTORY INFORMATION

TK Property Group Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Office equipment

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 16 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

31.1.25

31.1.24

£

£

Depreciation - owned assets

6,314

1,274

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Office

fittings

equipment

Totals

£

£

£

COST

At 1 February 2024

10,192

9,652

19,844

Additions

3,435

15,028

18,463

At 31 January 2025

13,627

24,680

38,307

DEPRECIATION

At 1 February 2024

5,935

801

6,736

Charge for year

1,538

4,776

6,314

At 31 January 2025

7,473

5,577

13,050

NET BOOK VALUE

At 31 January 2025

6,154

19,103

25,257

At 31 January 2024

4,257

8,851

13,108

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

75,380

104,418

Other debtors

40,013

40,013

115,393

144,431

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

17,500

27,500

Credit card

28,054

-

Tax

110,328

107,742

Social security and other taxes

27,834

6,235

VAT

78,485

60,194

Other creditors

22,415

37,000

Directors current account

20,656

7,309

Accrued expenses

9,600

7,402

314,872

253,382