Company No: 09129701 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	K Devi
	A Kainth
	R Kainth

SECRETARY

A Kainth

REGISTERED OFFICE	2 Leman Street
	London
	E1W 9US
	United Kingdom

COMPANY NUMBER

09129701 (England and Wales)

ACCOUNTANT	Gravita Business Services II Limited
	Aldgate Tower
	2 Leman Street
	London
	E1 8FA
	United Kingdom

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	136		222
		136		222
Current assets
Stocks	4	3,595,167		3,287,196
Debtors	5	18,119		28,709
Cash at bank and in hand		12,694		35,926
		3,625,980		3,351,831
Creditors: amounts falling due within one year	6	( 3,344,766)		( 3,038,382)
Net current assets		281,214		313,449
Total assets less current liabilities		281,350		313,671
Net assets		281,350		313,671
Capital and reserves
Called-up share capital		3		3
Profit and loss account		281,347		313,668
Total shareholders' funds		281,350		313,671

For the financial year ending 31 July 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Montague TSK Limited (registered number: 09129701) were approved and authorised for issue by the Board of Directors on 08 January 2026. They were signed on its behalf by:

R Kainth Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Montague TSK Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2 Leman Street, London, E1W 9US, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for property development activities provided in the normal course of business, and is shown net of VAT where applicable.

Revenue from the sale of property is recognised on completion.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment

3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stock to their present condition.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	3		3

3. Tangible assets

	Computer equipment		Total
	£		£
Cost
At 01 August 2024	1,989		1,989
At 31 July 2025	1,989		1,989
Accumulated depreciation
At 01 August 2024	1,767		1,767
Charge for the financial year	86		86
At 31 July 2025	1,853		1,853
Net book value
At 31 July 2025	136		136
At 31 July 2024	222		222

4. Stocks

	2025		2024
	£		£
Stocks	3,595,167		3,287,196

5. Debtors

	2025		2024
	£		£
Other debtors	18,119		28,709

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Other creditors	3,344,766		3,038,382

7. Related party transactions

At the year end the company owed £3,339,257 (2024: £3,033,157) to the directors of the company, in respect of an interest free loan which is repayable on demand.