REGISTERED NUMBER: 14125296 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

BHK ASSETS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

H Kouyoumdjian

B Kouyoumdjian

REGISTERED OFFICE:

36 Princes Avenue

Muswell Hill

London

N10 3LR

REGISTERED NUMBER:

14125296 (England and Wales)

ACCOUNTANTS:

Hovnan & Co Ltd

Chartered Accountants

106 Ashurst Road

Cockfosters

London

EN4 9LG

FIXED ASSETS

Tangible assets

4

5,686

6,232

Investment property

5

3,895,037

3,620,132

3,900,723

3,626,364

CURRENT ASSETS

Debtors

6

115,807

59,328

Cash at bank

2,636

305,999

118,443

365,327

CREDITORS

Amounts falling due within one year

7

84,478

106,361

NET CURRENT ASSETS

33,965

258,966

TOTAL ASSETS LESS CURRENT LIABILITIES

3,934,688

3,885,330

CAPITAL AND RESERVES

Called up share capital

8

420

420

Retained earnings

3,934,268

3,884,910

SHAREHOLDERS' FUNDS

3,934,688

3,885,330

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 17 April 2026 and were signed on its behalf by:

B Kouyoumdjian - Director

1.	STATUTORY INFORMATION

BHK Assets Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Plant and machinery etc

-

25% on reducing balance

All assets are initially recorded at cost.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2024

8,309

Additions

1,350

At 31 May 2025

9,659

DEPRECIATION

At 1 June 2024

2,077

Charge for year

1,896

At 31 May 2025

3,973

NET BOOK VALUE

At 31 May 2025

5,686

At 31 May 2024

6,232

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2024

3,620,132

Additions

274,905

At 31 May 2025

3,895,037

NET BOOK VALUE

At 31 May 2025

3,895,037

At 31 May 2024

3,620,132

Investment properties are valued based on an assessment of the properties and the market by the directors. The directors are of the opinion that the fair value is the same as the original cost and therefore no revaluation is required.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Other debtors

115,807

59,328

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade creditors

2

1

Taxation and social security

75,717

29,625

Other creditors

8,759

76,735

84,478

106,361

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

£

42,000

Ordinary

£0.01

420

420

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.5.25

31.5.24

£

£

B Kouyoumdjian

Balance outstanding at start of year

-

143,226

Amounts advanced

26,182

59,327

Amounts repaid

-

(202,553

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

26,182

-

Director balances are non interest bearing and repayable on demand.

10.	RELATED PARTY DISCLOSURES