REGISTERED NUMBER: 12354129 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Djk Property Management Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

810

-

Investment property

5

1,974,870

1,532,051

1,975,680

1,532,051

CURRENT ASSETS

Debtors

6

6,353

27,233

Cash at bank and in hand

14,664

13,248

21,017

40,481

CREDITORS

Amounts falling due within one year

7

1,427,363

1,111,602

NET CURRENT LIABILITIES

(1,406,346

)

(1,071,121

)

TOTAL ASSETS LESS CURRENT LIABILITIES

569,334

460,930

PROVISIONS FOR LIABILITIES

134,292

105,593

NET ASSETS

435,042

355,337

CAPITAL AND RESERVES

Called up, allotted and fully paid share capital

100

100

Fair value reserve

402,876

316,780

Retained earnings

32,066

38,457

435,042

355,337

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 3 July 2026 and were signed by:

Mr D J Kenvyn - Director

1.	STATUTORY INFORMATION

Djk Property Management Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

12354129

Registered office:

The Cottage

42 Church Lane

Ormesby

Middlesbrough

TS7 9AU

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.

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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

950

At 31 December 2025

950

DEPRECIATION

Charge for year

140

At 31 December 2025

140

NET BOOK VALUE

At 31 December 2025

810

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

1,532,051

Additions

328,024

Revaluations

114,795

At 31 December 2025

1,974,870

NET BOOK VALUE

At 31 December 2025

1,974,870

At 31 December 2024

1,532,051

Fair value at 31 December 2025 is represented by:

£

Valuation in 2021

61,341

Valuation in 2022

61,296

Valuation in 2024

291,958

Valuation in 2025

114,795

Cost

1,445,480

1,974,870

If investment properties had not been revalued they would have been included at the following historical cost:

31.12.25

31.12.24

£

£

Cost

1,302,832

982,627

Freehold investment properties were valued on an open market basis on 31 December 2025.

These valuations were carried out by the director who, whilst not a qualified surveyor, does have many years experience in the property sector. These valuations are further supported by valuations recently carried out by finance providers for mortgage purposes.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Other debtors

6,353

27,233

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

1,148,915

832,590

Taxation and social security

14,833

10,317

Other creditors

263,615

268,695

1,427,363

1,111,602

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Bank loans

1,148,915

832,590

The debts are secured with a fixed and floating charge over the assets of the company.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the director was advanced £17,483 (2024: £Nil) and repaid £17,483 (2024: £Nil). Interest has been charged on amounts overdrawn at 3.75% and all amounts are repayable on demand.