09647705 false property investment 2024-07-01 2025-06-30 http://www.companieshouse.gov.uk/2024-06-30 http://www.companieshouse.gov.uk/pt:ShareCapital 2024-06-30 http://www.companieshouse.gov.uk/cd:Director1 2024-07-01 2025-06-30 http://www.companieshouse.gov.uk/pt:ShareCapital 2025-06-30 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass1 2024-07-01 2025-06-30 http://www.companieshouse.gov.uk/cd:RegisteredOffice 2024-07-01 2025-06-30 http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2025-06-30 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2024-06-30 http://www.companieshouse.gov.uk/2024-07-01 2025-06-30 http://www.companieshouse.gov.uk/2024-06-30 http://www.companieshouse.gov.uk/cd:FRS102 2024-07-01 2025-06-30 http://www.companieshouse.gov.uk/2025-06-30 http://www.companieshouse.gov.uk/cd:FullAccounts 2024-07-01 2025-06-30 http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 09647705
Kornlik Limited
ACCOUNTS
FOR THE YEAR ENDED 30/06/2025
Prepared By:
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Kornlik Limited

ACCOUNTS
FOR THE YEAR ENDED 30/06/2025
DIRECTORS
David Kuflik
REGISTERED OFFICE
17 Lampard Grove
London
N16 6XA
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 09647705
BANKERS
HSBC
ACCOUNTANTS
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Kornlik Limited

ACCOUNTS
FOR THE YEAR ENDED 30/06/2025
CONTENTS |  |
|  | Page
Directors' Report |  | -
Accountants' Report |  | -
Statement Of Comprehensive Income |  | -
Balance Sheet |  | 3
Notes To The Accounts |  | 4
The following do not form part of the statutory financial statements: |  |
Trading And Profit And Loss Account |  | -
Profit And Loss Account Summaries |  | -

Kornlik Limited

BALANCE SHEET AT 30/06/2025
|  |  |  |  |  | 2025 |  |  |  | 2024
|  | Notes |  |  |  | £ |  |  |  | £
FIXED ASSETS |  |  |  |  |  |  |  |  |  |
Tangible assets |  |  |  |  |  | 1,892,851 |  |  |  | 2,242,907
Investment Assets |  | 2 |  |  |  | 10 |  |  |  | 10
|  |  |  |  |  | 1,892,861 |  |  |  | 2,242,917
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Debtors |  | 4 |  | 1,110,628 |  |  |  | 41,652 |  |
Cash at bank and in hand |  |  |  | 20,695 |  |  |  | 18,022 |  |
|  |  |  | 1,131,323 |  |  |  | 59,674 |  |
CREDITORS: Amounts falling due within one year |  | 5 |  | 1,180,881 |  |  |  | 371,070 |  |
NET CURRENT LIABILITIES |  |  |  |  |  | (49,558) |  |  |  | (311,396)
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  |  |  |  | 1,843,303 |  |  |  | 1,931,521
CREDITORS: Amounts falling due after more than one year |  | 6 |  |  |  | 1,431,245 |  |  |  | 1,748,612
PROVISIONS FOR LIABILITIES AND CHARGES |  | 8 |  |  |  | 49,440 |  |  |  | 49,440
NET ASSETS |  |  |  |  |  | 362,618 |  |  |  | 133,469
CAPITAL AND RESERVES |  |  |  |  |  |  |  |  |  |
Called up share capital |  | 9 |  |  |  | 1 |  |  |  | 1
Profit and loss account |  |  |  |  |  | 362,617 |  |  |  | 133,468
SHAREHOLDERS' FUNDS |  |  |  |  |  | 362,618 |  |  |  | 133,469
For the year ending 30/06/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 23/02/2026 and signed on their behalf by |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
David Kuflik |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |

Kornlik Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2025

1. ACCOUNTING POLICIES

1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.

1c. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.

2. FINANCIAL ASSETS |  |  |  |
|  | Shares in group companies |  |
|  | and participating interests |  | Total
|  | £ |  | £
Cost |  |  |  |
At 01/07/2024 |  | 10 |  | 10
At 30/06/2025 |  | 10 |  | 10
Amortisation |  |  |  |
Net Book Amounts |  |  |  |
At 30/06/2025 |  | 10 |  | 10
At 30/06/2024 |  | 10 |  | 10
The company holds 10 £1 Ordinary Shares in Lampard Properties Limited (company number 13279520) which represents 100% of the issued and called up, voting share capital. At 31 March 2025, Lampard Properties Limited's net assets were £13,467 (2024: £31,721) and its loss after tax for the year end ended was £18,254 (2024: £20,486). |

Kornlik Limited

3. INVESTMENT PROPERTIES |  |  |  |
|  | Investment |  |
|  | Properties |  | Total
|  | £ |  | £
Fair value |  |  |  |
At 01/07/2024 |  | 2,242,907 |  | 2,242,907
Additions |  | 759,114 |  | 759,114
Disposals |  | (1,109,170) |  | (1,109,170)
At 30/06/2025 |  | 1,892,851 |  | 1,892,851

4. DEBTORS |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Amounts falling due within one year |  |  |  |  |  |
Amounts due from group companies |  |  |  | 1,101,628 |  | -
Prepayments |  |  |  | 9,000 |  | 41,652
|  |  |  | 1,110,628 |  | 41,652

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Other creditors |  |  |  | 1,179,081 |  | 369,390
Accruals |  |  |  | 1,800 |  | 1,680
|  |  |  | 1,180,881 |  | 371,070

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Bank loans (unsecured) >1yr |  |  |  | 32,806 |  | 38,715
Bank loans (secured) >1yr |  |  |  | 1,398,439 |  | 1,709,897
|  |  |  | 1,431,245 |  | 1,748,612

Kornlik Limited

7. EMPLOYEES |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | No. |  | No.
Average number of employees |  |  |  | - |  | -

8. PROVISIONS FOR LIABILITIES |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Deferred taxation |  |  |  | 49,440 |  | 49,440
|  |  |  | 49,440 |  | 49,440

9. SHARE CAPITAL |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Allotted, issued and fully paid: |  |  |  |  |  |
1 Ordinary shares of £1 each |  |  |  | 1 |  | 1
|  |  |  | 1 |  | 1

10. CONTROLLING PARTY
The company is controlled by David Kuflik by virtue of the fact that he holds 100% of the company's issued and called up, voting share capital.

11. RELATED PARTY TRANSACTIONS
During the year, certain loans were advanced to the company by David Kuflik, the director. The loans are interest free and repayable on demand. At the year end, the balance due to the director totalled £3,451 (2024: £5,451).