REGISTERED NUMBER: 10071853 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

NAKGK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr N A Kafkarkou

Mr G Kafkarkou

REGISTERED OFFICE:

24A Aldermans Hill

Palmers Green

London

N13 4PN

REGISTERED NUMBER:

10071853 (England and Wales)

ACCOUNTANTS:

Alexander Young Limited

24A Aldermans Hill

London

N13 4PN

FIXED ASSETS

Tangible assets

4

5,053

6,171

Investments

5

-

21,485

Investment property

6

3,208,909

3,208,909

3,213,962

3,236,565

CURRENT ASSETS

Debtors

7

17,041

6,521

Cash at bank

41,000

48,740

58,041

55,261

CREDITORS

Amounts falling due within one year

8

9,370

26,969

NET CURRENT ASSETS

48,671

28,292

TOTAL ASSETS LESS CURRENT LIABILITIES

3,262,633

3,264,857

CREDITORS

Amounts falling due after more than one year

9

1,152,359

1,152,991

NET ASSETS

2,110,274

2,111,866

CAPITAL AND RESERVES

Called up share capital

200

200

Share premium

2,049,800

2,049,800

Retained earnings

60,274

61,866

2,110,274

2,111,866

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 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 Income Statement has not been delivered.

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

Mr N A Kafkarkou - Director

1.	STATUTORY INFORMATION

NAKGK 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 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

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.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

9,075

DEPRECIATION

At 1 April 2024

2,904

Charge for year

1,118

At 31 March 2025

4,022

NET BOOK VALUE

At 31 March 2025

5,053

At 31 March 2024

6,171

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

21,485

PROVISIONS

Eliminated on disposal

21,485

At 31 March 2025

21,485

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

21,485

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

3,208,909

NET BOOK VALUE

At 31 March 2025

3,208,909

At 31 March 2024

3,208,909

Investment properties were valued on a fair value basis on 31 March 2025 by the directors.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

1,318

5,276

Other debtors

15,723

1,245

17,041

6,521

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

1,033

1,615

Other creditors

8,337

25,354

9,370

26,969

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,152,359

1,152,991

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,152,359

1,152,991

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

1,152,359

1,152,991

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.3.25

31.3.24

£

£

Mr G Kafkarkou

Balance outstanding at start of year

-

-

Amounts advanced

14,634

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

14,634

-

The loan to the director was repaid within nine months of the year end.

12.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned a subsidiary of NAKGK Holdings Limited, a company incorporated in England and Wales.