REGISTERED NUMBER: 07442815 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

FK PROJECT MANAGEMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs F Khartu

REGISTERED OFFICE:

43 Rivermill

151 Grosvenor Road

London

SW1V 3JN

REGISTERED NUMBER:

07442815 (England and Wales)

ACCOUNTANTS:

George Hay & Company

Chartered Accountants

83 Cambridge Street

London

SW1V 4PS

FIXED ASSETS

Tangible assets

4

1,874

157

Investment property

5

3,834,936

3,834,936

3,836,810

3,835,093

CURRENT ASSETS

Stocks

-

1,800

Debtors

6

23,116

24,398

Cash at bank

112,090

336,903

135,206

363,101

CREDITORS

Amounts falling due within one year

7

278,773

541,551

NET CURRENT LIABILITIES

(143,567

)

(178,450

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,693,243

3,656,643

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3,693,143

3,656,543

SHAREHOLDERS' FUNDS

3,693,243

3,656,643

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

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

The director acknowledges her 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 15th December 2025 and were signed by:

Mrs F Khartu - Director

1.	STATUTORY INFORMATION

FK Project Management 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.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

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

-

25% on reducing balance

Computer equipment

-

33.33% straight line

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments

The company only enters into basic financial transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

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

Current 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.

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.

Deferred income

Deferred income is provided in the financial statements for sales where the goods or services have not been supplied although sale invoices raised. The income is recognised when the stage of supply is completed and a right of consideration is due.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st April 2024

5,228

-

5,228

Additions

-

2,633

2,633

At 31st March 2025

5,228

2,633

7,861

DEPRECIATION

At 1st April 2024

5,071

-

5,071

Charge for year

39

877

916

At 31st March 2025

5,110

877

5,987

NET BOOK VALUE

At 31st March 2025

118

1,756

1,874

At 31st March 2024

157

-

157

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

and 31st March 2025

3,834,936

NET BOOK VALUE

At 31st March 2025

3,834,936

At 31st March 2024

3,834,936

The investment properties are valued at cost, which is not considered to be materially different from market value.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

10,500

14,892

Director's current account

3,079

-

Prepayments

9,537

9,506

23,116

24,398

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

34,292

1

Other creditors

24,661

11,303

Tax

46,561

82,014

VAT

2,193

31,306

Director's current account

-

1,032

Accruals & deferred income

171,066

415,895

278,773

541,551

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2025 and 31st March 2024:

2025

2024

£

£

Mrs F Khartu

Balance outstanding at start of year

(1,032

)

(3,856

)

Amounts advanced

85,236

87,000

Amounts repaid

(81,125

)

(84,176

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

3,079

(1,032

)

The outstanding balance was repaid in full within 9 months of the year end.