HKC Properties Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 14233005

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,114,082		1,032,353

			1,114,082		1,032,353
CURRENT ASSETS
Debtors	5	36,719		777
Cash at bank and in hand		70,828		150,240

		107,547		151,017
Creditors: Amounts Falling Due Within One Year	6	(797,182 )		(670,868 )

NET CURRENT ASSETS (LIABILITIES)			(689,635 )		(519,851 )

TOTAL ASSETS LESS CURRENT LIABILITIES			424,447		512,502

Creditors: Amounts Falling Due After More Than One Year	7		(505,367 )		(505,367 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			-		(808 )

NET (LIABILITIES)/ASSETS			(80,920 )		6,327

CAPITAL AND RESERVES
Called up share capital	9		400		400
Profit and Loss Account			(81,320 )		5,927

SHAREHOLDERS' FUNDS			(80,920)		6,327

Page 1

Page 2

HKC Properties Ltd

Balance Sheet (continued)

As At 31 July 2025

For the 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.

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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Kwok Kee Cheung

Director

23/04/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

HKC Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14233005 . The registered office is 1 Derwent Business Centre, Clarke Street, Derby, DE1 2BU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.

2.3. Investment Properties

Investment properties are measured at fair value determined annually and adjusted if necessary for any difference in the nature, location or condition of the specific asset. The fair value of property was obtained from an online property resource company and has not been based on a valuation by an independent valuer with a professional qualification.

Changes in fair value are recognised in the profit and loss account.

2.4. Deferred Taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

2.5. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 4)

4. Tangible Assets

	Investment Properties
	£
Cost or Valuation
As at 1 August 2024	1,032,353
Additions	173,729
Revaluation	(92,000 )

As at 31 July 2025	1,114,082

Net Book Value
As at 31 July 2025	1,114,082

As at 1 August 2024	1,032,353

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HKC Properties Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	36,318	-
Other debtors	401	777

	36,719	777

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	925	582
Other creditors	4,375	4,375
Accruals and deferred income	3,208	3,208
Directors' loan accounts	788,674	662,703

	797,182	670,868

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	505,367	505,367

8. Secured Creditors

Of the creditors falling due after more than one year the following amount is secured by a fixed charge over the investment properties. The mortgages are interest only with a term of 25 years.

	2025		2024
	£		£
Bank loans and overdrafts	505,367		505,367

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	400	400

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