REGISTERED NUMBER: 10595393 (England and Wales)

KHATKAR PROPERTIES LIMITED

Unaudited Financial Statements

for the Period 29 February 2024 to 31 July 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Khatkar

H S Khatkar

REGISTERED OFFICE:

Flat 1 Above 407 Park Road

Hockley

Birmingham

B18 5SR

REGISTERED NUMBER:

10595393 (England and Wales)

ACCOUNTANTS:

BK Plus Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

FIXED ASSETS

Tangible assets

4

3,868,000

1,478,712

CURRENT ASSETS

Cash at bank

4,842

2,410

CREDITORS

Amounts falling due within one year

5

1,266,754

1,065,109

NET CURRENT LIABILITIES

(1,261,912

)

(1,062,699

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,606,088

416,013

CREDITORS

Amounts falling due after more than one year

6

(492,951

)

(326,269

)

PROVISIONS FOR LIABILITIES

(500,000

)

-

NET ASSETS

1,613,137

89,744

CAPITAL AND RESERVES

Called up share capital

300

300

Revaluation reserve

7

1,987,014

-

Retained earnings

(374,177

)

89,444

1,613,137

89,744

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 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 3 July 2026 and were signed on its behalf by:

H S Khatkar - Director

1.	STATUTORY INFORMATION

Khatkar Properties 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.

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 as modified by the revaluation of certain assets.

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.

Taxation

Taxation for the period 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 29 February 2024

1,418,712

60,000

1,478,712

Additions

419,274

-

419,274

Revaluations

1,987,014

-

1,987,014

At 31 July 2025

3,825,000

60,000

3,885,000

DEPRECIATION

Charge for period

-

17,000

17,000

At 31 July 2025

-

17,000

17,000

NET BOOK VALUE

At 31 July 2025

3,825,000

43,000

3,868,000

At 28 February 2024

1,418,712

60,000

1,478,712

Cost or valuation at 31 July 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2025

1,987,014

-

1,987,014

Cost

1,837,986

60,000

1,897,986

3,825,000

60,000

3,885,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

52,966

27,313

Taxation and social security

15,484

4,380

Other creditors

1,198,304

1,033,416

1,266,754

1,065,109

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

492,951

326,269

7.

RESERVES

Revaluation

reserve

£

Revaluation in year

1,987,014

At 31 July 2025

1,987,014