ACCOUNTS - Final Accounts preparation

Company registration number: 13132015

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 JANUARY 2025

	CTKC UK LIMITED


CTKC UK LIMITED

COMPANY INFORMATION

Director	Kay Louise Clayton


Registered number	13132015


Registered office	118 Pall Mall
	London
	SW1Y 5EA


Accountants	Menzies LLP
	Chartered Accountants
	4th Floor
	95 Gresham Street
	London
	EC2V 7AB


CTKC UK LIMITED REGISTERED NUMBER:13132015

STATEMENT OF FINANCIAL POSITION

AS AT 31 JANUARY 2025

		2025		2023
Note		£		£

Fixed assets
Tangible assets	4		58,792		82,136
Investment property	5		2,858,274		2,850,274
			2,917,066		2,932,410
Current assets
Debtors: amounts falling due within one year	6	425,016		329,328
Cash at bank and in hand		21,502		9,051
		446,518		338,379
Creditors: amounts falling due within one year	7	(3,115,657)		(2,902,910)
Net current liabilities			(2,669,139)		(2,564,531)
Total assets less current liabilities			247,927		367,879

Net assets			247,927		367,879

Capital and reserves
Called up share capital	750,000	750,000
Profit and loss account	(502,073)	(382,121)
	247,927	367,879

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CTKC UK LIMITED REGISTERED NUMBER:13132015

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 JANUARY 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Kay Louise Clayton

Director

Date: 31 October 2025

The notes on pages 3 to 6 form part of these financial statements.

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CTKC UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

1.	General information

CTKC UK Limited is a private company, limited by shares, registered in England and Wales, company registration
number 13132015. The registered office is stated on the company information page. There is no principle place of business.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is generated through rental income and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

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CTKC UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Motor vehicles	-	25%	Reducing balance
Fixtures and fittings	-	25%	Straight line
Computer equipment	-	25%	Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.7

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

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CTKC UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

4.	Tangible fixed assets

	Motor vehicles	Fixtures and fittings	Computer equipment	Total
	£	£	£	£
Cost or valuation
At 1 February 2024	56,479	56,904	8,657	122,040
Additions	-	3,083	-	3,083
At 31 January 2025	56,479	59,987	8,657	125,123
Depreciation
At 1 February 2024	19,415	15,764	4,725	39,904
Charge for the year on owned assets	9,266	14,997	2,164	26,427
At 31 January 2025	28,681	30,761	6,889	66,331
Net book value
At 31 January 2025	27,798	29,226	1,768	58,792
At 31 January 2023	37,064	41,140	3,932	82,136

5.	Investment property

	Freehold investment property	Leasehold investment property	Total
	£	£	£
Valuation
At 1 February 2024	745,274	2,105,000	2,850,274
Additions at cost	-	27,014	27,014
Surplus on revaluation	-	(19,014)	(19,014)
At 31 January 2025	745,274	2,113,000	2,858,274

The 2025 valuations were made by the directors , on an open market value for existing use basis.

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CTKC UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

Debtors

					2025	2023
					£	£


Other debtors	421,141	326,837
Prepayments and accrued income	3,875	2,491
	425,016	329,328

7.	Creditors: Amounts falling due within one year
		2025	2023
		£	£

Amounts owed to group undertakings	2,913,663	2,774,295
Other taxation and social security	-	5,649
Other creditors	-	1,529
Accruals and deferred income	201,994	121,437
	3,115,657	2,902,910

8.	Transactions with directors

Included within other debtors are amounts totalling £421,141 (2024: £306,387) owed to the company by the director. Amounts advanced in the year total £119,405, amounts repaid in the year total £5,100. Interest arising on this balance totals £7,717.

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